Tech

Apple and Nvidia Consider Investing in OpenAI Valued at $100 Billion

Explore the potential investment by Apple and Nvidia in OpenAI, a groundbreaking company valued at $100 billion. Discover the implications for the tech industry and AI innovation as these giants consider joining forces.

Published

3 months ago

August 29, 2024

yönetici

Apple and Nvidia Explore Investment in OpenAI

In a significant move within the tech industry, Apple and Nvidia are reportedly in negotiations to invest in OpenAI. This potential agreement could elevate the valuation of the San Francisco-based artificial intelligence start-up to an impressive $100 billion, as disclosed by three sources familiar with the ongoing discussions, who chose to remain anonymous.

The lead investor in this prospective deal would be Thrive Capital, which is expected to contribute around $1 billion to OpenAI. If finalized, this valuation would represent a notable increase of approximately $20 billion compared to OpenAI’s valuation from eight months ago. Both Nvidia and Apple have opted not to comment on the matter.

OpenAI catalyzed the current A.I. revolution with the launch of its highly acclaimed online chatbot, ChatGPT, in late 2022. Following this groundbreaking release, investors poured tens of billions of dollars into OpenAI and other companies pursuing similar technological advancements. However, in recent months, the fervor among investors has somewhat diminished, particularly as several notable start-ups have been absorbed by tech giants like Google, Amazon, and Microsoft. Despite this trend, OpenAI has managed to retain its independence, focusing on the development and commercialization of its own technologies and products.

Since 2019, Microsoft and various other investors have collectively injected over $13 billion into OpenAI. This funding is critical, as the company requires substantial financial resources to access the computing power necessary for its ambitious A.I. initiatives. Nvidia, known for supplying much of this essential computing power through specialized chips designed for A.I. development, has witnessed remarkable growth over the past 18 months. Notably, on Wednesday, Nvidia reported that its sales and profits more than doubled in the three months leading up to July.

Earlier this year, Thrive Capital spearheaded a deal that valued OpenAI at over $80 billion. In that instance, OpenAI did not issue new shares but instead allowed its employees to sell their existing shares. The new proposed deal would also enable other current shareholders to divest their shares.

Bloomberg was the first to report Nvidia’s involvement in these discussions, while The Wall Street Journal highlighted Apple’s participation. It’s worth noting that The New York Times previously filed a lawsuit against OpenAI and Microsoft for copyright infringement, alleging that both companies utilized news articles to train their models without obtaining permission.

While industry leaders like Google, Microsoft, Meta, and OpenAI have been at the forefront of A.I. development for years, Apple has found itself lagging behind. Recently, however, the tech giant announced plans to enable customers to access OpenAI’s chatbot on their iPhones. In June, Apple unveiled its strategy to incorporate generative A.I. into its devices, a technology it refers to as Apple Intelligence. This development aims to enhance its Siri virtual assistant, streamline message prioritization, and provide writing tools that proofread or suggest sentences for emails, notes, and text messages.

The company is anticipated to share more insights regarding this innovative technology on September 9, during an event slated to unveil its latest iPhones at its headquarters in Cupertino, California.

Up Next

French Prosecutors Charge Telegram CEO Pavel Durov Over Encryption Issues

Don't Miss

California Advances Landmark A.I. Regulation Bill

Click to comment

Tech

Tesla Semi Fire: NTSB Preliminary Report Released

The NTSB’s preliminary report on the Tesla Semi fire has been released. This content includes important information about the details of the incident, the causes of the fire, and Tesla’s safety measures. Explore the impact on Tesla’s electric vehicles and its future steps.

Published

2 months ago

September 17, 2024

yönetici

The National Transportation Safety Board (NTSB) released a preliminary report stating that a Tesla Semi electric truck in California required firefighters to use “50,000 gallons” (approximately 190,000 liters) of water to extinguish a roadside fire. Firefighting teams also deployed an aircraft to drop fire retardant on nearby areas as a precautionary measure to control the fire.

The accident occurred on August 19 at 3:13 AM local time on the I-80 highway east of Sacramento. The electric truck went off the road while navigating a curve, collided with a roadside boundary marker, and then struck a tree, coming to a stop. Fortunately, the driver was not injured in the accident; however, considering their health condition, they were taken to the hospital.

The Tesla Semi’s large 900 kWh battery caught fire upon impact, and toxic smoke began to spread during the fire. While the fire continued with temperatures reaching up to 538°C, firefighters worked intensively to cool the blaze with water. However, due to the fire’s effects, the vehicle continued to burn until late in the afternoon. Meanwhile, Tesla sent a technical expert to the scene regarding fire safety and high voltage hazards.

The highway reopened to traffic at 7:20 PM local time, 16 hours after the accident. The NTSB, as an organization that can only make recommendations and cannot enforce regulations, sent a team to the area for investigation purposes. This major accident raised several issues, including dangerously hot fires and toxic smoke, which will attract the attention of many international organizations.

The NTSB had previously stated in 2021 that fires in the batteries of electric vehicles pose serious risks to emergency response teams and that the guidelines provided by manufacturers for such fires are inadequate.

Tech

New Leaks and Features About the Samsung Galaxy S25 Ultra

Discover the latest leaks and features about the Samsung Galaxy S25 Ultra. Equipped with new technologies and advanced features, this smartphone elevates the user experience to a new level. Check it out for details!

Published

2 months ago

September 17, 2024

yönetici

New Leaks About Samsung Galaxy S25 Ultra

Samsung is expected to introduce the Galaxy S25 Ultra along with the Galaxy S25 series at the beginning of 2024, likely in January. Although no official announcement has been made yet, leaks regarding the upcoming flagship continue to spread rapidly on the internet. Notable leak source IceUniverse shared several new visuals of the Galaxy S25 Ultra in a post on the X platform. These visuals reveal the design differences between the Galaxy S25 Ultra and the Galaxy S24 Ultra.

One of the notable features in the leaked images of the Galaxy S25 Ultra is the rounded corners of the phone. In contrast, this year’s Galaxy S24 Ultra has quite sharp corners, which has led to feedback from some users indicating discomfort while holding the device. Previous leaks have suggested that the Galaxy S25 Ultra may be somewhat larger.

A tweet shared by IceUniverse: Galaxy S25 Ultra Image

According to leaks, the Galaxy S25 Ultra is expected to be thinner and lighter compared to previous models. In August, rumors emerged that the upcoming Galaxy S25 Ultra would be lighter than its competitors, with a weight of under 221 grams.

Another image featured in IceUniverse’s post shows close-ups of the sides of both next year’s expected flagship phone and Samsung’s current flagship. In this image, the side of the Galaxy S25 Ultra appears flatter with rounded corners. While these changes may not create a major revolution, they will generally positively affect the feel of the phone in hand.

Looking at other rumors about the Samsung Galaxy S25 Ultra, it is expected that the company will offer top-tier screen and camera upgrades next year. Additionally, there is a strong expectation that the satellite connection feature will also be introduced alongside the Galaxy S25.

Tech

iOS 18 Officially Released: Innovations and Features

iOS 18 has been officially released! This update, packed with new features and innovations, elevates the user experience to the next level. Check out our article for details and discover the new offerings of iOS 18!

Published

2 months ago

September 17, 2024

yönetici

iOS 18 Officially Released: Here Are the Innovations!

Apple officially launched iOS 18 yesterday, as promised. After a long beta testing phase, this update brings many exciting new features for iPhone users.

iOS 18 Officially Released: Innovations and Features

New Features in iOS 18

Advanced Customization Options on the Home Screen: With iOS 18, users can now arrange app icons freely without sticking to the traditional grid layout. Additionally, there’s an option to change the colors of the icons and adjust their darkness levels. In short, you are no longer bound to a boring layout. It raises questions why Apple waited until 2024 to offer this feature.
Revamped Control Center: The Control Center is completely redesigned in iOS 18. Users will be able to group controls more comfortably, and developers can easily add controls from their applications. Also, there’s an option to divide the Control Center into pages, allowing different controls on each page.
RCS Messaging Support: With iOS 18, Apple introduces Rich Communication Services (RCS) messaging support. Users can add various effects to their texts and react with new emojis for more colorful responses.
Updated Photos App: The Photos app is presented with a new opening page and a modern layout. Users can now browse photos by time, people, and many other criteria, reorder media files, and explore more with the “Collections” feature.
App Lock Feature: Users can now lock specific applications. For example, they can activate Face ID protection from the menu that appears when long-pressing an app icon. Thus, anyone wanting to open the app will have to pass the Face ID protection first.
Apple Intelligence: One of the important features of iOS 18 is Apple’s artificial intelligence kit, Apple Intelligence. However, to fully benefit from this feature, you’ll need to wait for the iOS 18.1 update. More information about Apple Intelligence can be found here.

How to Install iOS 18?