Apple is reportedly in talks to invest in OpenAI, a leading artificial intelligence (AI) startup that has created ChatGPT and is known for its generative AI capabilities. This move comes as OpenAI is raising funds to support its growth and development, and Apple is looking to expand its presence in the AI space.
Apple in Talks to Invest in OpenAI
Iphone juggernaut Apple is in talks to invest in OpenAI, the creator of ChatGPT and the biggest name in generative artificial intelligence, a news report said Thursday.
According to the Wall Street Journal, the company founded by Steve Jobs is at the funding table as OpenAI raises more money to help meet the heavy costs of building new technology.
Reports said that OpenAI is in talks to reach a valuation of $100 billion in the funding round led by venture capital firm Thrive Capital, which will pump in one billion dollars.
For months, news reports have said OpenAI has been in talks to raise the capital that would make it one of the most valuable tech companies in the world.
Microsoft, which is OpenAI’s biggest investor and takes home half of the startup’s profits, is also part of the new funding round.
The entry of Apple into OpenAI’s ownership, if confirmed, would come as the company is set to announce its new iPhones on September 9 that are expected to optimize AI innovations.
In June, Apple announced that it was making OpenAI’s technology available as an option in the software for top-of-the-line iPhones, but added that AI tools made by other companies would also be available in time.
Most of the AI features used by Apple users would use the company’s own technology, but more complicated tasks would be deferred to OpenAI’s powers if the customer chose to do so.
Apple did not respond to a request for comment from AFP.
OpenAI and Anthropic to Share AI Models with US Government
Leading generative AI developers OpenAI and Anthropic have agreed to give the US government access to their new models for safety testing as part of agreements announced on Thursday.
The agreements were made with the US AI Safety Institute, which is part of the National Institute of Standards and Technology (NIST), a federal agency.
Regulation of AI has been a major concern since the advent of OpenAI’s ChatGPT, with tech companies pushing for a voluntary approach to opening their technology to government oversight.
The agency said it would provide feedback to both companies on potential safety improvements to their models before and after their public release, working closely with its counterpart at the UK AI Safety Institute.
“These agreements are just the start, but they are an important milestone as we work to help responsibly steward the future of AI,” said Elizabeth Kelly, director of the US AI Safety Institute.
The agency said the evaluations would aim to support the voluntary commitments made by leading AI model developers, such as OpenAI and Anthropic, as they innovate.
“Our collaboration with the US AI Safety Institute leverages their wide expertise to rigorously test our models before widespread deployment,” said Jack Clark, co-founder and head of policy at Anthropic.
“This strengthens our ability to identify and mitigate risks, advancing responsible AI development,” he added.
The collaboration is part of work connected to a White House executive order on AI announced in 2023 that was designed to provide a legal backdrop for the rapid deployment of AI models in the United States.
Washington is eager to leave tech companies a free rein to innovate and experiment with AI, in contrast to the European Union where lawmakers passed an ambitious AI Act to more closely regulate the industry.
But pro-regulation lawmakers in California, the state home to Silicon Valley, on Wednesday pushed through a state AI safety bill that now needs to be signed by the governor to pass into law.
In a social media post welcoming his company’s agreement with the US government, OpenAI CEO Sam Altman said it was “important” that regulation take place at the national level.
This was a veiled criticism of the state law passed in California, which includes penalties for any violations, that OpenAI opposed, arguing it will stifle research and innovation.
Conclusion
The investment of Apple in OpenAI could be a significant move for both companies, as OpenAI is looking to raise funds to support its growth and development, and Apple is looking to expand its presence in the AI space. The collaboration between OpenAI and the US government is also an important step in the development of responsible AI practices.
Frequently Asked Questions
What is OpenAI?
OpenAI is a leading artificial intelligence (AI) startup that has created ChatGPT and is known for its generative AI capabilities. The company is focused on developing AI that is safe and beneficial for humanity.
What is the purpose of the investment of Apple in OpenAI?
The purpose of the investment of Apple in OpenAI is to support the growth and development of the company, and to expand Apple’s presence in the AI space. The investment will also help OpenAI to continue to develop its AI technology and to make it available to a wider range of users.
What are the benefits of the collaboration between OpenAI and the US government?
The benefits of the collaboration between OpenAI and the US government include the development of responsible AI practices, and the creation of a safer and more secure AI environment. The collaboration will also help to advance the development of AI and to make it available to a wider range of users.
What is the European Union’s stance on AI?
The European Union has passed an ambitious AI Act to more closely regulate the industry. The EU is taking a more stringent approach to AI regulation than the United States, with a focus on ensuring that AI is developed and used in a responsible and safe manner.
What is the California AI safety bill?
The California AI safety bill is a state law that requires tech companies to implement safety measures to prevent the misuse of AI. The law includes penalties for any violations, and is intended to promote responsible AI development and use.
What is the reaction of OpenAI CEO Sam Altman to the California AI safety bill?
OpenAI CEO Sam Altman has expressed opposition to the California AI safety bill, arguing that it will stifle research and innovation. Altman has also stated that it is “important” that regulation take place at the national level, suggesting that the California law may not be the best approach to AI regulation.
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