Investing.com — Alphabet (NASDAQ:GOOGL) stock extended gains, rising to a session high of 2.3% after Bloomberg reported that Apple (NASDAQ:AAPL) plans to use a 1.2 trillion parameter Google AI model to power its upcoming Siri overhaul.
The tech giant is finalizing an agreement that would see Apple pay approximately $1 billion annually for access to Google’s advanced AI technology, according to people familiar with the matter. This partnership comes after Apple reportedly evaluated several third-party models, including OpenAI’s ChatGPT and Anthropic’s Claude, before selecting Google’s Gemini.
Apple’s decision to leverage Google’s AI capabilities represents a significant vote of confidence in Alphabet’s technology. The 1.2 trillion parameter model would substantially exceed the complexity of Apple’s current AI systems, positioning Google as a critical partner in Apple’s AI strategy.
The revamped Siri is expected to launch next spring, with Apple viewing Google’s technology as an interim solution until its own AI models become sufficiently powerful. This timeline aligns with previous Bloomberg reports about Apple’s AI roadmap.
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