(Reuters) -Apple has left negotiations to take part in an OpenAI investment spherical anticipated to boost about $6.5 billion, the Wall Boulevard Magazine mentioned on Friday.The tech massive just lately fell out of the talks for the spherical, set to near subsequent week, the newspaper mentioned, bringing up an individual aware of the subject.Different companies, comparable to Microsoft and Nvidia, have additionally been in talks to take part, the record mentioned, including that Microsoft used to be anticipated to take a position about $1 billion after having already poured $13 billion into the corporate.OpenAI declined to remark, whilst Apple didn’t straight away reply to a request for remark.Final month, the Magazine first reported that Apple used to be within the talks, as a part of OpenAI’s new fund-raising effort that might price the ChatGPT maker above $100 billion.The prime valuation is a results of the AI palms race OpenAI sparked with its release of ChatGPT in overdue 2022, spurring corporations throughout industries to take a position billions within the generation to stick forward of the contest and seize marketplace percentage.(Reporting through Shivani Tanna in Bengaluru; Enhancing through Clarence Fernandez and Himani Sarkar)
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