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Market Chatter: Apple Resumes Talks with OpenAI for iPhone AI Features
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Market Chatter: Apple Resumes Talks with OpenAI for iPhone AI Features
Apr 29, 2024 5:38 AM

08:10 AM EDT, 04/29/2024 (MT Newswires) -- Apple ( AAPL ) has resumed talks with OpenAI to potentially incorporate the startup's technology into upcoming iPhone features later this year, Bloomberg reported late Friday, citing people familiar with the matter.

The two companies have started discussions regarding potential terms of an agreement and the integration of OpenAI features into the next iPhone operating system, iOS 18, the report said.

Apple ( AAPL ) is also in talks with Alphabet's (GOOG, GOOGL) Google ( GOOG ) about licensing its Gemini chatbots, according to the report.

No final decision has been made, and there's no assurance of a deal, Bloomberg reported. Apple ( AAPL ) may opt for agreements with both OpenAI and Google ( GOOG ), or choose a different provider altogether, the report said.

Apple ( AAPL ), OpenAI, and Google ( GOOG ) did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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