Apple’s (AAPL) AI Roadmap Strengthens With Google Deal, Says Evercore

The steadfast noted however Apple has confirmed entering into a multi-year statement with Google for its adjacent procreation of AI models, a determination that volition assistance powerfulness the long-awaited Siri 2.0 upgrade.

A associated connection has revealed that Apple’s instauration models and unreality exertion volition beryllium based connected Google’s Gemini models. These models person received affirmative feedback since Gemini 3.0 launched past year.  The steadfast anticipates the upgrade to beryllium announced successful coming months.

“In addition, the connection noted: ‘After cautious evaluation, Apple determined Google’s AI exertion provides the astir susceptible instauration for Apple Foundation Models.’ The connection did not see a terms tag, but anterior reports indicated that Apple would beryllium paying ~$1B a twelvemonth to licence the ~1.2T parameter model. “

Evercore ISI believes that this Apple-Google concern offers the champion of some worlds for Apple, allowing it to upgrade its existent exemplary stack and paving mode for imaginable monetization. Following this AI concern announcement, investors should brace themselves for an Apple Intelligence 2.0 announcement coupled with a much customized and idiosyncratic Siri acquisition successful the upcoming months.

Apple is simply a exertion institution known for its user electronics, software, and services.

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