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Market Chatter: Apple Nearing Deal to Use OpenAI Tech on iPhone
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Market Chatter: Apple Nearing Deal to Use OpenAI Tech on iPhone
May 13, 2024 4:59 AM

07:32 AM EDT, 05/13/2024 (MT Newswires) -- Apple ( AAPL ) is nearing a deal with Microsoft ( MSFT ) -backed OpenAI for the use of certain ChatGPT features in iOS 18, the next iPhone operating system, Bloomberg News reported Saturday, citing unnamed sources familiar with the matter.

Sources said the deal with OpenAI will allow Apple ( AAPL ) to feature a chatbot on the iPhone as part of new artificial intelligence features that the company plans to announce next month, but there is no guarantee that an agreement will be announced soon.

According to Bloomberg, sources said Apple ( AAPL ) is also in talks with Alphabet's (GOOG, GOOGL) Google ( GOOG ) to license its Gemini chatbot.

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

(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.)

Price: 185.42, Change: +2.37, Percent Change: +1.29

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