Apple Reportedly Strikes Deal With Sam Altman-Led OpenAI To Integrate ChatGPT Into iOS 18, Possibly Amid Internal Opposition
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) has reportedly reached an agreement with OpenAI to integrate ChatGPT into iOS 18, despite potential internal opposition. This partnership could open significant AI revenue opportunities for Apple, as noted by Wedbush’s Dan Ives. The specifics of the agreement remain undisclosed, and Apple may reveal more details at the WWDC keynote on June 10.

May 30, 2024 | 3:25 am
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Microsoft, despite its $13 billion investment in OpenAI, sees OpenAI partnering with Apple to integrate ChatGPT into iOS 18. This could impact Microsoft's competitive positioning in the AI space.
Microsoft's significant investment in OpenAI might be overshadowed by OpenAI's partnership with Apple. However, the direct impact on Microsoft's stock is uncertain without more details.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Apple has reached an agreement with OpenAI to integrate ChatGPT into iOS 18, which could open significant AI revenue opportunities. The specifics of the deal are undisclosed, and more details are expected at the WWDC keynote on June 10.
The partnership with OpenAI to integrate ChatGPT into iOS 18 is a significant move for Apple, potentially opening new revenue streams in AI. The anticipation of more details at the WWDC keynote adds to the positive sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100