Apple’s (AAPL) Gemini deal is a cloud contract where it pays Google (GOOGL) several billion dollars over time, The Financial Times’ Michael Acton, Stephen Morris, and George Hammond report. A source close to OpenAI says the company declined to be Apple’s custom model provider and instead focus on building its own AI device.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Is Netflix Stock (NFLX) a Buy Ahead of Q4 Earnings?
- Why Taiwan Semi’s CEO Expects a ‘Multiyear AI Megatrend’ Following Blowout Quarter
- 3 Best ETFs to Invest In, According to AI Analyst, 1/15/2026
- Midday Fly By: TSMC reports Q4 beat, Goldman Sachs raises dividend
- OpenAI Solicits U.S. Makers for Chips and AI Devices in New Robotics Push