Alphabet Class A shares were trading 2.71% higher in early premarket trade. Apple shares were up 0.51%.
Apple also recently held discussions with OpenAI and has considered using its model, according to the people in the Bloomberg report. Citing people familiar with the matter, Bloomberg said that the two tech giants are "in active negotiations" for Gemini to power certain new features due to be released to the iPhone software later this year.Apple could launch iOS 18 — its latest operating system for the iPhone — at its Worldwide Developer's Conference in June.
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