Published Mon, Jan 12 202610:19 AM EST
- Apple is teaming up with Google to use Gemini models for an AI-powered Siri
- Reports swirled in August that Apple was in early talks the search giant to use a custom Gemini model to power a new iteration of Siri.
- Google’s market value surpassed Apple for the first time since 2019 and touched above $4 trillion following the news.
Apple is joining forces with Google
to power its artificial intelligence features for products such as Siri later this year.
The multi-year partnership will lean on Google’s Gemini models and cloud technology for future Apple foundational models, according to a statement obtained by CNBC’s Jim Cramer.
“After careful evaluation, we determined that Google’s technology provides the most capable foundation for Apple Foundation Models and we’re excited about the innovative new experiences it will unlock for our users,” Apple wrote.
In August, Bloomberg had reported that Apple was in early talks with Google to use a custom Gemini model to power a new iteration of Siri.
Last week, the search giant’s market capitalization surpassed Apple for the first time since 2019.
Shares were slightly lower following the news. Google briefly touched above a $4 trillion market value.
