financetom
Business
financetom
/
Business
/
Market Chatter: Apple to Open Up AI Models to Third-Party Developers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Apple to Open Up AI Models to Third-Party Developers
May 26, 2025 11:02 AM

12:19 PM EDT, 05/20/2025 (MT Newswires) -- Apple ( AAPL ) is planning to open up its artificial intelligence models to third-party developers with the hope that they will be used to create new applications, Bloomberg reported Tuesday.

The company plans to make an announcement to that effect at its Worldwide Developers Conference on June 9, the report said, citing people familiar with the matter.

Developers will get access to the same large language models that Apple ( AAPL ) uses to power Apple Intelligence, starting with those that run directly on its devices rather than ones that require powerful cloud servers, according to the report.

Apple ( AAPL ) did not immediately respond to a request for comment from MT Newswires.

(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: 207.77, Change: -1.01, Percent Change: -0.48

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Health Care Stocks Softer Wednesday Afternoon
Sector Update: Health Care Stocks Softer Wednesday Afternoon
Sep 24, 2025
01:54 PM EDT, 09/24/2025 (MT Newswires) -- Health care stocks were lower Wednesday afternoon, with the NYSE Health Care Index shedding 0.2% and the Health Care Select Sector SPDR Fund (XLV) decreasing 0.3%. The iShares Biotechnology ETF (IBB) was shedding 0.5%. In corporate news, Alcon's ( ALC ) move to acquire STAAR Surgical ( STAA ) in a $1.5 billion...
Valkea Resources Provides Update From its Fall Exploration Drill Program at the Paana Project, Northern Finland
Valkea Resources Provides Update From its Fall Exploration Drill Program at the Paana Project, Northern Finland
Sep 24, 2025
01:54 PM EDT, 09/24/2025 (MT Newswires) -- Valkea Resources ( OZBKF ) on Wednesday provided an update from its ongoing exploration drill program at its Paana Project in northern Finland. The company said diamond drilling at Paana is currently focused on targeting disseminated, Ikkari-style gold mineralization at the Koivu Zone on the northern extent of the approximately 1.3 kilometer long,...
Crisil to acquire McKinsey PriceMetrix Co.
Crisil to acquire McKinsey PriceMetrix Co.
Sep 24, 2025
Acquisition expands Crisil's benchmarking offerings across the Wealth Management value chain PriceMetrix will be integrated with Crisil Coalition Greenwich (CCG), a leading provider of strategic benchmarking, analytics, and insights to the financial services industry NEW YORK, Sept. 24, 2025 /PRNewswire/ -- Crisil, an S&P Global Company, announced the acquisition of McKinsey PriceMetrix Co. (PriceMetrix), a leading provider of performance benchmarking and data-driven insights for the wealth management industry. PriceMetrix, based in Toronto, serves leading wealth management firms in the U.S. and Canada. Its proprietary database covers $8 trillion in assets under management...
Market Chatter: Rare Earth Stocks Gain as G7, EU Weigh Price Floors, Tariffs to Bolster Supply
Market Chatter: Rare Earth Stocks Gain as G7, EU Weigh Price Floors, Tariffs to Bolster Supply
Sep 24, 2025
01:55 PM EDT, 09/24/2025 (MT Newswires) -- Rare earth stocks including Energy Fuels ( UUUU ) , Ioneer ( IONR ) and NioCorp Developments ( NB ) were up Wednesday after a Reuters report said the Group of Seven nations and the EU are considering price floors and tariffs to encourage investment in rare earth production. The discussions come amid...
Copyright 2023-2026 - www.financetom.com All Rights Reserved