Alphabet’s shares climbed 5.5% in early premarket trading as news emerged of Apple’s potential licensing of Google’s Gemini, a comprehensive generative AI suite, for its iPhones. The discussions aim to integrate Gemini’s AI capabilities into upcoming iPhone features, as reported by Bloomberg.
Active negotiations are underway to include these advancements in iPhone’s software update expected later this year. Amid these developments, Apple’s shares also saw a 1.38% rise. The anticipated collaboration could coincide with the launch of iOS 18 at Apple’s Worldwide Developer’s Conference in June. Additionally, Apple has explored using OpenAI’s technology, though specifics of any AI agreement, including terms and implementation, remain undecided.
