The specifics:
In a joint statement, the two tech behemoths confirmed the agreement, with Apple stating that Gemini "provides the most capable foundation" for its artificial intelligence.
When Bloomberg originally revealed the possible agreement in November, it stated that Apple would license Google's technology for about $1 billion a year.
Apple confirmed to CNBC that its ChatGPT agreement is still in place and that its AI features will still function both on-device and through Private Cloud Compute.
With the news, Google's market capitalization momentarily surpassed $4 trillion for the first time, now following just Nvidia, Microsoft, and Apple.
When Bloomberg originally revealed the possible agreement in November, it stated that Apple would license Google's technology for about $1 billion a year.
Apple confirmed to CNBC that its ChatGPT agreement is still in place and that its AI features will still function both on-device and through Private Cloud Compute.
With the news, Google's market capitalization momentarily surpassed $4 trillion for the first time, now following just Nvidia, Microsoft, and Apple.
Apple is finally (officially) choosing a path after a year of speculation over Siri's future, and that path involves contracting out Siri's AI issues to a significant rival. In addition to validating Google's enormous Gemini ascent, the collaboration with OpenAI is a little problematic because Siri's brain is powered by its largest competition.
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📰 In-depth analysis and up-to-date AI news .
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Watch this space for weekly updates on digital transformation, process automation, and machine learning. Let us assist you in bringing the future into your company right now.