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Friday, August 30, 2024

Apple -- Nvidia -- OpenAI -- ARM -- Microsoft -- Several Billion Dollars -- August 30, 2024

Locator: 48499TECH.

There are two thoughts with regard to AI:

  • it's all. hype
  • we're in the middle of the biggest revolution since that "Industrial" one.

I'm in the second camp.

Big story today on CNBC: Apple OpenAI ARM. 

Today: over at The WSJ -- link here.

From the linked article:

Apple AAPL and Nvidia are in talks to invest in OpenAI, a move that would strengthen their ties to a partner integral to their efforts in the artificial-intelligence race.
The investment would be part of a new OpenAI fundraising round that would value the ChatGPT maker above $100 billion.
The Wall Street Journal reported Wednesday that venture-capital firm Thrive Capital is leading the round, which will total several billion dollars, and Microsoft is also expected to participate. It couldn’t be learned how much Apple, Nvidia or Microsoft will invest into OpenAI this round.
To date, Microsoft has been the primary strategic investor in OpenAI. It owns a 49% share of the AI startup’s profits after investing $13 billion since 2019.
As the dominant global maker of chips that power ChatGPT and other AI models, Nvidia has long worked closely with OpenAI. Apple in June announced OpenAI as the first official partner for Apple Intelligence, its system for infusing AI features throughout its operating system. The new AI will feature an improved Siri voice assistant, text proofreading and creating custom emojis.

And, yes, for Apple, AI is all about creating more emojis. 

Word search on the blog for Apple OpenAI ARM:

 OpenAI: former head of NSA joins board. Who-hoo.

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