Shein Shares Slide 9% in Hong Kong IPO Debut 
Meta, U.S. States Discuss Settlement in Teen Addiction Trial 
Honda, Nissan Eye Shared Vehicle Software Platform by 2029 
The Realist’s Case: Lukas Kerrebijn of RD Dubai on the Narrative Dubai’s Agents Won’t Question 
Itochu Offers $1.56 Billion to Privatize Dentsu Soken 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Aon Nears $17 Billion Deal to Buy USI Insurance From KKR 
Street Poller Media and The Boom of the Street Interview Ad Industry 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
Jefferies Names AMEC Top China Semiconductor Equipment Pick 
OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing 
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China 
Google Expands Gemini Enterprise With AI Tools for Legal Sector 
Unitree Shares Plunge 45% After Blockbuster IPO, Raising China Tech Bubble Fears 
Trump Says ExxonMobil Among Oil Majors Planning Venezuela Return 
SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says 
Add as a preferred source on Google
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
