Tim Cook Doesn't Cough Up Details On Apple And OpenAI Partnership, But Says Customers Want Both Apple Intelligence And ChatGPT Integration
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook did not provide specific details about the partnership with OpenAI during the third-quarter earnings call. The collaboration, announced at WWDC 2024, integrates ChatGPT into Siri and new writing tools. Apple's revenue for the quarter grew by 4.9%, surpassing expectations.
August 02, 2024 | 2:06 am
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Apple's partnership with OpenAI, integrating ChatGPT into Siri, was highlighted during the Q3 earnings call. Despite no cash payments involved, the collaboration is expected to enhance Apple's AI capabilities. Apple's Q3 revenue grew by 4.9%, surpassing expectations.
The partnership with OpenAI is expected to enhance Apple's AI capabilities, which could drive future growth in Services. The positive earnings report further supports a short-term positive impact on Apple's stock price.
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