This illustration taken on April 20, 2018, in Paris shows apps for Google, Amazon, Facebook and Apple, plus the reflection of a binary code displayed on a tablet screen.
Lionel Bonaventure | Afp | Getty Images
Alphabet shares rose greater than 7% Monday morning following a report that tech giant Apple is in talks to license Gemini for future iPhones. Apple shares were up greater than 2%.
Gemini is Google’s suite of generative artificial intelligence tools, starting from chatbots to coding assistants.
Based on a Bloomberg report, Apple is in talks with Alphabet-owned Google to let the iPhone maker license and construct its Gemini AI engine into the iPhone.
Citing people conversant in the matter, Bloomberg said the 2 tech giants are “in lively negotiations” for Gemini to power certain latest features resulting from be released to the iPhone software later this yr.
Apple’s next big iPhone update, iOS 18, is predicted during its Worldwide Developers Conference. That is when the corporate may talk more about its plans for generative artificial intelligence and when it normally talks about its latest iPhone software before it rolls out to consumers in the autumn.
Apple CEO Tim Cook said the corporate is “investing significantly” in AI in the course of the company’s annual shareholder meeting in February.
“Later this yr, I stay up for sharing with you the ways we are going to break latest ground in generative AI, one other technology we imagine can redefine the longer term,” Cook said.
The corporate also recently held discussions with OpenAI and has considered using its model, in response to the sources cited by Bloomberg.
Nonetheless, the report said, “the 2 parties have not decided the terms or branding of an AI agreement or finalized how it could be implemented.”
CNBC couldn’t independently confirm the Bloomberg report. Apple declined to comment and Alphabet didn’t immediately respond when contacted by CNBC.
— CNBC’s Katrina Bishop contributed to this report.