Apple to 'pay' OpenAI for ChatGPT through distribution, not cash
When Apple's Chief Executive Officer Tim Cook and his top deputies this week unveiled a landmark arrangement with OpenAI to integrate ChatGPT into the iPhone, iPad and Mac, they were mum on the financial terms. A question left unanswered on Monday: Which company is paying the other as part of a tight collaboration that has potentially lasting monetary benefits for both. But, according to people briefed on the matter, the partnership isn't expected to generate meaningful revenue for either party -- at least, not at the outset.
Jun-13-2024, 04:39:00 GMT
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