The Apple-Google AI deal is a massive win for investors in both tech giants

The Apple-Google AI deal is a massive win for investors in both tech giants

A core pillar of our investment case in Google-owner Alphabet materialized Monday. Fellow Club name Apple selected Google’s AI model, Gemini, to power the artificial intelligence features across Siri and other key products later this year. The multi-year partnership to integrate Gemini into Apple’s foundation models, confirmed in an Apple statement obtained by Jim Cramer,…

Read More
Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned

Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned

Treasury Secretary Janet Yellen speaks with CNBC from the New York Federal Reserve on Sept. 26th, 2024. David A. Grogan | CNBC Former Federal Reserve Chair Janet Yellen on Monday condemned an investigation into her successor, Jerome Powell, saying it compromises the central bank’s independence. Yellen, who served as Treasury secretary after leaving the Fed,…

Read More
Apple picks Google’s Gemini to run AI-powered Siri coming this year

Apple picks Google’s Gemini to run AI-powered Siri coming this year

Apple is joining forces with Google to power its artificial intelligence features for products such as Siri later this year. The multi-year partnership will lean on Google’s Gemini models and cloud technology for future Apple foundational models, according to a statement obtained by CNBC’s Jim Cramer. “After careful evaluation, we determined that Google’s technology provides…

Read More