Apple AI Partnership With Google Set For Fall, Mark Gurman Says He's Heard From 'Several Sources' The Deal With Meta Isn't Going To Happen
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) is set to announce a partnership with Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Gemini in the fall, while rejecting a deal with Meta Platforms, Inc. (NASDAQ:META) due to the underperformance of its Llama chatbot. This partnership aligns with iOS 18 chatbot rumors and aims to leverage AI for direct profits.

July 01, 2024 | 7:35 am
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Apple is set to announce a partnership with Google Gemini, rejecting Meta's Llama chatbot. This aligns with iOS 18 chatbot rumors and aims to leverage AI for direct profits.
The partnership with Google Gemini is likely to enhance Apple's AI capabilities, aligning with iOS 18 chatbot rumors. This move could positively impact Apple's stock price as it aims to leverage AI for direct profits.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Google is set to partner with Apple to integrate Google Gemini into Apple devices, enhancing its AI presence in the market.
The partnership with Apple to integrate Google Gemini into Apple devices will likely enhance Google's AI presence and could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
POSITIVE IMPACT
Google is set to partner with Apple to integrate Google Gemini into Apple devices, enhancing its AI presence in the market.
The partnership with Apple to integrate Google Gemini into Apple devices will likely enhance Google's AI presence and could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
NEGATIVE IMPACT
Apple has rejected a potential partnership with Meta's Llama chatbot due to its underperformance, favoring Google, OpenAI, and Anthropic instead.
Apple's rejection of Meta's Llama chatbot due to its underperformance could negatively impact Meta's stock price as it loses a potential high-profile partnership.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70