Apple rises after report of talks with OpenAI for iPhone generative AI features
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Reuters
Apple rises after report of talks with OpenAI for iPhone generative AI features
** Apple shares AAPL.O up 1.3% to $171.58 premarket
** Co has renewed discussions with OpenAI about using the startup’s generative AI technology to power some new features being introduced in the iPhone later this year, Bloomberg reports
** The companies have begun discussing terms of a potential agreement and how OpenAI features would be integrated into Apple’s next iPhone operating system, iOS 18 – report
** Apple has been slower in rolling out generative AI than rivals such as Microsoft MSFT.O and Google GOOGL.O, which are weaving them into products
** Apple hit a one-year low on April 19 and has lost 12% so far this year
Reporting by Medha Singh
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