The news of Apple potentially licensing Alphabet’s Gemini for future iPhones has sparked a 3% rise in Alphabet shares in early premarket trade. This move signifies a potential collaboration between two tech giants in the field of artificial intelligence.
According to reports, Apple and Alphabet-owned Google are currently in active negotiations regarding the licensing of Gemini. The suite of generative AI tools developed by Google could potentially power new features in the upcoming iPhone software.
If Apple decides to integrate Gemini into its iPhones, it could signify a significant step forward in the realm of AI technology for the company. The potential launch of iOS 18 at the Worldwide Developer’s Conference in June could be an ideal platform to showcase these new features.
Apple’s discussions with OpenAI and its consideration of using their model suggests that the tech giant is actively seeking to enhance its AI capabilities. By exploring various options in the AI space, Apple is positioning itself to compete with other industry leaders in this rapidly evolving field.
The positive market response to the news, with Alphabet’s shares rising and Apple’s shares also seeing a slight increase, reflects the investor optimism surrounding the potential collaboration. This could indicate a vote of confidence in both companies’ strategies moving forward.
The talks between Apple and Alphabet regarding the licensing of Gemini for future iPhones represent a significant development in the realm of artificial intelligence. The outcome of these negotiations could have far-reaching implications for both companies and the future of AI technology in the consumer market.