Apple Bows Out of OpenAI Funding Round as Microsoft, as Microsoft Adds $1 Billion to Existing Investment

Apple has withdrawn from negotiations to participate in OpenAI's recent funding round, according to reports. Microsoft and Nvidia are still in talks to invest, with Microsoft expected to contribute around $1 billion on top of the $13 billion it has already invested. Thrive Capital is leading the funding round, and other participants may include Tiger Global Management and UAE-backed MGX. OpenAI is also restructuring from a nonprofit to a for-profit entity, driven by investor influence.