This comes as OpenAI is expected to close a $6.5 billion funding round with the potential for investment from both Microsoft and Nvidia.
Apple is said to have pulled out of discussions and the round is expected to close in the coming days.
Microsoft is already a major investor in OpenAI, owning 49% of the company. Today’s report suggests that Microsoft is planning to expand its investment in OpenAI with an additional $1 billion through this round of funding.
News of Apple’s decision not to invest in OpenAI comes amid a number of leadership and organizational changes at the company. Former Apple design chief Jony Ive also recently confirmed that he is working with OpenAI to design an AI hardware product.
Apple and OpenAI are working to integrate ChatGPT into iOS 18 later this year, where ChatGPT will handle world knowledge requests alongside Siri.
According to Bloomberg, Apple is not paying OpenAI as part of this partnership. Instead, Apple claims that the integration into iOS 18 is “equal to or greater” in value than cash to OpenAI.