This is evident from reports published in recent months OpenAIwas now in its final stages and it was stated that the company could go bankrupt within 12 months. During this period, it was stated that the artificial intelligence giant would suffer losses of up to $5 billion. For this reason, it became clear that OpenAI needed new investment and support.

According to CNBC, tech giants have OpenAI They plan to raise funds at a valuation that will increase the market cap to over $100 billion. It is said that Apple, Microsoft and NVIDIA will take responsibility for this investment. The market cap of OpenAI, In 2023, that was $29 billion.

Why are tech giants bailing out OpenAI?

It’s actually not surprising that OpenAI is supported in this way. Microsoft It is currently investing in OpenAI, but after the turmoil in OpenAI’s management, the collaboration between the two companies became a bit more complicated. NVIDIA is the world’s largest supplier of artificial intelligence hardware and OpenAI is an important face as the most popular company in this field. Apple It uses OpenAI models for artificial intelligence services called Apple Intelligence Services.

Microsoft, Apple and NVIDIA are fiercely competing in the artificial intelligence market. These three companies came together and To save OpenAI Joining forces can create an interesting situation.

NVIDIA and Apple It is not yet known how much and under what conditions it will invest in OpenAI. We will look together at how the process will proceed.