Ross Gerber Says 'Apple Using Google AI (Which Still Sucks) On iPhones In A Sad Admission They Missed Another Boat'
Portfolio Pulse from Benzinga Neuro
Ross Gerber criticized Apple Inc.'s reported deal with Google to license Gemini, a set of generative AI models, for iPhone software features. Despite Gerber's pessimism, Apple stock closed 0.64% higher. The deal is seen as a shift in Apple's AI strategy, potentially enhancing its AI capabilities.

March 19, 2024 | 9:37 am
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POSITIVE IMPACT
Apple Inc.'s stock closed 0.64% higher despite criticism over its reported AI deal with Google.
Despite Ross Gerber's critical view of Apple's deal with Google for AI technology, Apple's stock price increased, indicating positive market reception or other overriding positive factors.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Google's potential deal with Apple to license AI technology could strengthen its position in the tech market.
Google's involvement in providing AI technology to Apple could be seen as a strategic move, potentially enhancing its market position and showcasing its AI capabilities.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Google's potential deal with Apple to license AI technology could strengthen its position in the tech market.
Google's involvement in providing AI technology to Apple could be seen as a strategic move, potentially enhancing its market position and showcasing its AI capabilities.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80