Google, AI and Alphabet
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Apple partners with Google to power Siri with Gemini AI
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The Atlantic on Tuesday sued Google and its parent company Alphabet, alleging the tech giant’s model of serving ads to publishers has become a monopoly.
Google-parent company Alphabet briefly reached $4 trillion in valuation on Monday, according to a Reuters reporter. This has been seen as a sign that the company’s increased focus on artificial intelligence is paying off.
Apple will use Google's Gemini models for its revamped Siri coming later this year under a multiyear deal that deepens the tech giants' alliance in the artificial intelligence era and
Apple gets a faster path to a smarter Siri, while Alphabet gets Gemini in front of one of the biggest consumer audiences in the world.
Alphabet's deals with Apple and Walmart are a strong endorsement for its Gemini technology, according to BofA analyst Justin Post. $GOOG up 1.74%.