Dan Ives Says The 'Golden Goose' For Meta Is Apple Intelligence: 'Right Now You're On The Outside Of This Party…'
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) and Meta Platforms Inc. (NASDAQ:META) are reportedly in talks about a potential AI partnership. Analyst Dan Ives discussed Meta's interest in integrating its generative AI model into Apple's new AI system, Apple Intelligence. However, a Bloomberg report later rejected this, citing privacy concerns.
June 25, 2024 | 6:53 am
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Apple is reportedly in talks with Meta for an AI partnership, aiming to integrate Meta's generative AI model into Apple Intelligence. However, Bloomberg reports that Apple rejected Meta's proposal due to privacy concerns.
The potential partnership could have significant implications for Apple's AI strategy, but the rejection due to privacy concerns may neutralize immediate impacts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Meta is interested in integrating its generative AI model into Apple's AI system, Apple Intelligence. Analyst Dan Ives highlights Meta's aim to tap into Apple's consumer base. However, Bloomberg reports Apple rejected Meta's proposal due to privacy concerns.
Meta's interest in partnering with Apple could have expanded its AI reach, but the reported rejection by Apple due to privacy concerns may neutralize immediate impacts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100