TL;DR CNBC

Alphabet shares up 7% on report Apple is in talks to license Gemini AI for iPhones

Publishing timestamp: 2024-03-18 09:42:43

Summary

Alphabet shares rose over 7% after reports of Apple in talks to license Gemini AI for future iPhones. Apple shares also up over 2%. Gemini is Google's AI tools. Apple's next iPhone update expected to include generative AI features. Apple CEO Tim Cook has expressed interest in AI technology. Discussions with OpenAI also reported. Terms of agreement not finalized yet.

Sentiment: MIXED

Tickers: AAPL,  GOOG,  GOOGL, 

Keywords: apple inc,  alphabet class c,  artificial intelligence,  iphone,  business news,  breaking news: technology,  alphabet inc,  tim cook,  technology, 

Source: https://www.cnbc.com/2024/03/18/apple-in-talks-to-license-googles-gemini-for-generative-ai-bloomberg.html