Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Apple is reportedly abandoning its in-house chatbot efforts and will rely on OpenAI to integrate chatbot capabilities into iOS 18 while keeping Google as an alternative option.
OpenAI Partnership
Prior rumors suggested that Apple was developing an in-house chatbot called "Apple GPT." The tech behemoth was expected to unveil a sneak peek at this tech at its forthcoming WWDC 2024 keynote before incorporating it into iOS 18.
However, things have changed. According to Mark Gurman's newsletter for Bloomberg (via Wccftech), Apple and OpenAI have agreed that the AI research organization should provide chatbot capability in iOS's next major update.
Preliminary Feature Rollout
Additionally, he stated that the eagerly awaited AI capabilities might be unveiled under the designations "beta" or "preview." This further indicates that Apple was taken aback by the AI revolution, as the quality and dependability of the features it has developed for this iteration are not yet satisfactory enough to officially release without a beta label.
"There's also no Apple-designed chatbot, at least not yet. That means the company won't be competing in the highest-profile area of AI: a market that caught fire after OpenAI released ChatGPT in late 2022.
Though some of Apple's executives are philosophically opposed to the idea of an in-house chatbot, there's no getting around the need for one. And the version Apple has been developing is simply not up to snuff."
Google Partnership Potential
Furthermore, according to Android Authority, Apple is reportedly coordinating with Google as an "option." Considering Apple's apparent reluctance to place all its cloud AI eggs in one basket, we shouldn't anticipate any announcements regarding this next month.
To boot, the tech website counteracts, stating that Apple is not abandoning its plans to develop its own chatbot. Similar to its approach with Google Maps before unveiling Apple Maps, the company is likely working on its unique solution. The OpenAI collaboration should provide the necessary space and time for this endeavor.
Photo: Sophia Stark/Unsplash
