Apple is in talks to participate in OpenAI funding round, reports WSJ

(Reuters) – Apple is in talks to invest in OpenAI as part of a new funding round that would value the ChatGPT maker above $100 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

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.

OpenAI supporter Microsoft is also expected to invest in the company, the report said.

However, no details are yet known about how much Apple or Microsoft will invest, the report added.

Apple and OpenAI did not immediately respond to Reuters' request for comment.

(Reporting by Jaspreet Singh and Zaheer Kachwala in Bengaluru; Editing by Shreya Biswas)