<ul><li>Apple has dropped out of negotiations to participate in an OpenAI funding round expected to raise $6.5 billion.</li><li>The iPhone maker's departure from the talks comes as a surprise and marks a rare instance of Apple investing in another major Silicon Valley company.</li><li>Microsoft and Nvidia are still in talks to participate in the funding round, with Microsoft expected to invest around $1 billion.</li><li>OpenAI is also undergoing the process of transitioning from a nonprofit into a for-profit company.</li></ul>

Apple drops out of talks to join OpenAI investment round

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