Apple and OpenAI ChatGPT Partnership Won't Include Cash Payments For Now, But Does It Mean You Will Need To Cough Up For A Subscription Later?
Portfolio Pulse from Ananya Gairola
Apple and OpenAI have announced a partnership to integrate ChatGPT into Apple's devices, with no initial cash payments involved. The collaboration aims to enhance Apple's AI capabilities and potentially drive user engagement and upgrades. Future revenue may come from subscription conversions. Apple is also exploring partnerships with other AI companies like Google and Anthropic.
June 13, 2024 | 3:05 am
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Apple's partnership with OpenAI to integrate ChatGPT into its devices is part of a broader AI strategy. While no initial cash payments are involved, future revenue could come from subscription conversions. This move may enhance user engagement and drive device upgrades.
The integration of ChatGPT into Apple's devices is likely to enhance user experience and engagement, potentially leading to increased device usage and upgrades. Future revenue from subscription conversions could also positively impact Apple's financials.
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