TLDR · BIG TECH & STARTUPS

APPLE, NVIDIA ARE IN TALKS TO INVEST IN OPENAI

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Summary from the TLDR newsletter

Apple and Nvidia are in talks to invest in OpenAI as part of a fundraising round that would value OpenAI at above $100 billion. It is an unusual move for Apple, as the company doesn't usually invest in startups. Nvidia has stepped up its investment activity in the past two years, putting its money into AI-related companies. OpenAI is one of the largest users of Nvidia's AI chips.