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- NVIDIA, Apple, Microsoft in talks to join OpenAI’s ongoing $100B+ round
NVIDIA, Apple, Microsoft in talks to join OpenAI’s ongoing $100B+ round
Bay Area Times
August 30, 2024
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Top stories today:
- NVIDIA, Apple, Microsoft in talks to join OpenAI’s ongoing $100B+ round
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0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. NVIDIA, Apple, Microsoft in talks to join OpenAI’s ongoing $100B+ round
-$5B net result is what OpenAI is estimated to be losing per year.
More compute and general expenses would be where the money is spent.
Apple recently partnered with OpenAI for its AI features.
OpenAI CFO informed employees about the round, without sharing specifics.
2. ChatGPT now has 200M+ weekly active users, 2x from Nov. 2023
2x usage of OpenAI’s automated API since GPT-4o mini release.
Meta’s Llama models usage also grows “sharply.”
Llama 3.1 release 2x’d cloud service providers’ usage between May–Jul.
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