Apple, Nvidia in talks to join OpenAI funding round, media reports say

Source is WSJ & Bloomberg via Reuters.

The Wall Street Journal first reported on Apple's interest, citing sources, while Bloomberg News reported on Nvidia's potential involvement.
The news comes a day after the Journal reported that venture capital firm Thrive Capital would invest around $1 billion in OpenAI, leading the funding round.

Apple and OpenAI not immediately respond to Reuters requests for comment, while Thrive Capital, Nvidia and Microsoft declined comment.
OpenAI has become increasingly important to Apple's artificial intelligence strategy, with the iPhone maker bringing the AI firm's chatbot, ChatGPT, to Apple devices in June as part of “Apple Intelligence.”

Apple was also reported to gain an observer role on OpenAI's board.

Microsoft (MSFT.O), opens new tab, OpenAI's largest strategic investor with over $10 billion invested, is also expected to participate in the funding round, according to the WSJ report.

The exact investment amounts from Apple, Microsoft and Nvidia remain undisclosed.
OpenAI's high valuation is a result of the AI arms race it sparked with the launch of ChatGPT in late 2022, prompting companies across industries to invest billions in the technology to stay ahead of the competition and capture market share.

(Note on Archive links: I provide them because I don't have access to Bloomberg/WSJ. One caveat is these are archived therefore if there's updates on the article it might not be reflected)