This could help ease investor fears about Apple’s slow rollout of AI applications.
Manzana is in talks to integrate the Gemini artificial intelligence engine of Google on the iPhonereported BloombergNews this Monday, citing people familiar with the situation.
In this context, the shares of the manzanita company climb about 2% before the opening on Wall Street. Thus, it accumulates an increase of 1.1%, although in the accumulated value of the last month it shows a red of more than 6% (-6.1%).
The actions of Alphabet they also upload a 6.3% in operations prior to the opening of the market in the United States.
According to the report, negotiations focus on licensing Gemini for some new features coming to iPhone software this yearadding that the terms or branding of an AI deal or how it would be implemented have not yet been decided.
Any deal is unlikely to be announced until Juneor, when Apple plans to hold its annual developer conference, and the iPhone maker also recently held talks with OpenAIthe creator of ChatGPT, about the use of its model, according to the report.
What the market analyzes
Apple, Alphabet-owned Google and OpenAI did not immediately respond to Reuters requests for comment.
A possible agreement between the companies could help Google to expand the use of its artificial intelligence services to more than 2 billion active Apple devicesboosting the search giant’s efforts to reach OpenAI supported by Microsoft.
It could also help ease investor fears about the slow rollout of artificial intelligence applications by Apple, which has lost the crown of the world’s most valuable company after a 10% drop in its shares this year.
Source: Ambito
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