News comes that Apple Inc. is in discussions with OpenAI about using the startup’s technology to power some new features coming to the iPhone. Reportedly, the new features are supposed to come later this year.
The two companies are expected to have started discussing what could be the possible agreement and how the OpenAI features will be used in Apple’s iOS 18, the next iPhone operating system.
OpenAI to raise $15 million
Two unnamed investors contributed about $15 million in new cash on or around April 19, as per insights from a filing with the US Securities and Exchange Commission. Reports suggest that a paperwork was submitted on April 2. The paperwork is expected to have mentioned Ian Hathaway, the OpenAI Startup Fund’s manager and sole partner.
“The capital was transferred to a legal entity called a special purpose vehicle, or SPV, associated with the OpenAI Startup Fund: OpenAI Startup Fund SPV II, L.P,” as per insights from official website of OpenAI.
The collaboration ahead!
Industry experts suggest that the collaborative approach has the potential to reopen dialogue between the companies. Earlier this year Apple had talked to OpenAI about a deal. However, the work between the two parties had been minimal since then. Apple also remains in discussions with Alphabet Inc.’s Google about licensing that company’s Gemini chatbot.
From what it is understood, the upcoming iPhone operating system can include several new features based on Apple’s in-house large language model. The new features are expected to include AI software that can generate human-sounding text.
However, the company is expected to be looking for partners to power a chatbot-like feature akin to OpenAI’s ChatGPT. Furthermore, in March some discussion had included AI startup Anthropic as well, as per insights from Bloomberg.
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