Alphabet stock rises on potential Apple integration and major salesforce deal

Alphabet Inc. (NASDAQ:GOOGL) saw its shares climb 2% amid speculation that Apple Inc. (NASDAQ:AAPL) may soon integrate Google's Gemini AI into its Apple Intelligence ecosystem. Reports indicate that this partnership could enhance Siri’s functionality by enabling it to direct requests to ChatGPT, leading to more sophisticated and context-aware responses.

According to 9to5Mac, Apple software executive Craig Federighi hinted at potential third-party AI integrations during WWDC24. A recent iOS 18.4 beta leak, discovered by analyst Aaron Perris, revealed options for both "Google" and "OpenAI" as possible AI models within Apple Intelligence. While the integration is not confirmed for iOS 18.4, the presence of this code suggests that Google’s Gemini AI may be incorporated into future Apple devices, possibly in later iOS 18 updates or with the launch of iOS 19.

Apple is also expected to introduce its own advanced conversational Siri model in iOS 19, but Google’s recent unveiling of Gemini 2.0—including a high-performance reasoning model—could make Google’s AI an attractive option for Apple users. If integrated, Gemini 2.0 would likely be available on newer iPhone models, including the iPhone 15 Pro, iPhone 16, iPhone 16 Pro, and the rumored iPhone 16e.

Beyond the AI integration speculation, Alphabet has also secured a significant cloud computing contract with Salesforce (NYSE:CRM), as reported by Bloomberg. This multibillion-dollar deal further underscores Alphabet’s expanding influence in enterprise technology.

The combination of these developments has sparked investor optimism, contributing to the slight rise in Alphabet’s stock price. As the tech landscape continues to evolve, all eyes remain on Apple and Alphabet’s next moves in AI and cloud computing.