Apple (AAPL) recently pulled out of talks to participate in the next round of funding for OpenAI as it seeks to raise $6.5 billion, according to The Wall Street Journal. Nvidia (NVDA) and Microsoft (MSFT) are reportedly expected to participate in the funding round, with the latter expected to invest $1 billion. This comes after Microsoft (MSFT) invested $13 billion in OpenAI.

Catalysts Hosts Seana Smith and Madison Mills report more on the story and discuss some of the other players involved in funding OpenAI.

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This post was written by Melanie Riehl