Apple isn’t paying OpenAI for the right to build ChatGPT into services like its digital assistant Siri, according to a Bloomberg report. While ChatGPT will be offered for free on Apple’s devices, the companies could make money if Apple users upgrade to paid OpenAI subscriptions. (Bloomberg)
Skip to content
Apple isn’t paying OpenAI for the right to build ChatGPT into services like its digital assistant Siri, according to a Bloomberg report. While ChatGPT will be offered for free on Apple’s devices, the companies could make money if Apple users upgrade to paid OpenAI subscriptions. (Bloomberg)
Talking point: The deal, announced at Apple’s Worldwide Developers Conference on Monday, pushed the iPhone maker’s stock to a record high this week. The tech giant has been looking to deepen AI integration into its devices, acquiring Waterloo, Ont.-based DarwinAI earlier this year. Apple’s plan to essentially pay OpenAI in brand exposure instead of cash could end up costing OpenAI money, Bloomberg reported. The ChatGPT maker will have to pay Microsoft to host its cloud-computing services, a cost that could skyrocket with Apple’s user base. Meanwhile, Microsoft is reportedly building its own product to compete with OpenAI, despite its stake in the firm.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Canada and EU announce ‘ever-closer association’ to bolster economic security
Briefing
Canadian investors can’t let foreign capital crowd them out of infrastructure deals, Weston says
Cohere outlines plans to spend $4B on R&D and AI infrastructure in Canada
Binance starts recovering frozen assets following US$6.3B hack
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
