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-2.37903380529467E-05 -5.75572694830834E-05 -0.000153869767084898 -0.000863359042247123 7.21384444188589E-05 0.00111277387667404 -0.000882544798741484 0.000268600590921274
Stock impact report

Google's Gemini to power Apple's AI features like Siri [Yahoo! Finance]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Yahoo! Finance
“After careful evaluation, we determined that Google's technology provides the most capable foundation for Apple Foundation Models and we're excited about the innovative new experiences it will unlock for our users,” Apple and Google said in a statement. The partnership confirms previous reporting on a deal with Google. Neither Apple nor Google have confirmed the price tag, but previous reports indicate Apple could be paying Google around $1 billion for access to its AI technology. The deal also comes after Apple spent some time testing the technology of competitors like OpenAI and Anthropic. The multi-year partnership will involve Apple using Google's Gemini models and cloud technology for future Apple foundational models. The deal is not exclusive, per a source familiar with the matter. Apple has historically focused on vertical integration, relying on its own hardware and software. The iPhone-maker has faced a fair amount of public chatter criticizing it after its AI efforts Show less Read more
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