This illustration taken in Paris on April 20, 2018 shows apps from Google, Amazon, Facebook and Apple, as well as a reflection of binary code displayed on a tablet screen.
Lionel Bonaventure AFP | getty images
Alphabet Shares rose more than 7% on Monday morning after a report from the tech giant Apple Negotiations are underway to license Gemini for future iPhones. Apple shares were up more than 2%.
Gemini is Google’s suite of generative artificial intelligence tools, ranging from chatbots to coding assistants.
According to a Bloomberg report, Apple is in talks with Alphabet-owned Google to license the iPhone maker and build its Gemini AI engine into the iPhone.
Citing people familiar with the matter, Bloomberg said the two tech giants are in “active talks” for Gemini to power some new features to be released in iPhone software later this year.
Apple’s next big iPhone update, iOS 18, is expected to arrive during the Worldwide Developers Conference. That’s when the company can talk more about its plans for generative artificial intelligence and when it talks about its latest iPhone software before it’s typically introduced to consumers in the fall.
During the company’s annual shareholder meeting in February, Apple CEO Tim Cook said the company was making “significant investments” in AI.
Cook said, “Later this year, I look forward to sharing with you the ways we will break new ground in generative AI, another technology we believe can redefine the future. “
According to sources cited by Bloomberg, the company has also recently had discussions with OpenAI and considered using its models.
However, the report said, “Both parties have not decided on the terms or branding of the AI ​​agreement or finalized how it will be implemented.”
CNBC could not independently confirm the Bloomberg report. Apple declined to comment and Alphabet did not immediately respond when contacted by CNBC.
, CNBC’s Katrina Bishop contributed to this report.
