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ifeng.com technology news beijing time on september 28, according to the wall street journal, apple has withdrawn from negotiations to invest in openai, which is expected to raise up to us$6.5 billion in a new round of financing. the deal, which would have been a rare investment by apple in another major silicon valley company, was terminated at the last minute.

people familiar with the matter said apple recently withdrew from investment talks. openai’s funding round is expected to close next week, valuing it at $150 billion. two other technology giants, microsoft and nvidia, have also been negotiating to become investors in this round of financing for openai. microsoft has invested $13 billion in openai and is expected to invest another $1 billion, people familiar with the matter said.

in addition, venture capital firm thrive capital will invest approximately us$1 billion in openai. uae state-owned company mgx is also involved in investment talks for openai. however, since the financing has not yet been completed, the participants and the amount of investment may still change.

at the same time, openai is changing its corporate structure from a nonprofit to a for-profit company. the change is supported by many investors, but will be a complicated process for openai. if openai does not complete this transition within two years, investors in this round will be entitled to a return of their investment. (author/xiao yu)

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