Alphabet-A shares rose by 3.77% to $146.50, while Alphabet-C shares rose by 3.43% to $147.05 in pre-market trade on Monday, following the news that $Apple (AAPL.US)$ is in talks to build $Alphabet-C (GOOG.US)$'s Gemini artificial intelligence engine into the iPhones according to Bloomberg.
On Monday, Tech giants Apple and Google are reportedly in talks for Apple to integrate Google’s Gemini AI technology into future iPhone models. The negotiations are said to involve licensing Gemini for upcoming iPhone features, with discussions ongoing and terms yet to be finalized. This potential collaboration aims to enhance AI capabilities on Apple devices and potentially alleviate concerns about Apple’s slow AI app development. The agreement could expand Google’s AI services to over 2 billion Apple devices but may face scrutiny from regulators over antitrust concerns.
Google’s Gemini suite offers various AI tools, including chatbots and coding assistants, suggesting potential diverse applications in future iPhones. The outcome of these discussions may influence Apple’s upcoming iOS 18 release, expected to be unveiled at its developer conference in June.
Source：Bloomberg, Yahoo Finance