Apple, Nvidia Are in Talks to Invest in OpenAI

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Apple AAPL -0.34%decrease; red down pointing triangle and Nvidia NVDA 1.51%increase; green up pointing triangle are in talks to invest in OpenAI, a move that would strengthen their ties to a partner integral to their efforts in the artificial-intelligence race.

The investment would be part of a new OpenAI fundraising round that would value the ChatGPT maker above $100 billion, people familiar with the situation said. The Wall Street Journal reported Wednesday that venture-capital firm Thrive Capital is leading the round, which will total several billion dollars, and Microsoft MSFT 0.97%increase; green up pointing triangle is also expected to participate.

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