Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home Themes AI

Apple Integrates ChatGPT Without Spending a Dime

by Team Lumida
June 13, 2024
in AI
Reading Time: 3 mins read
A A
0
Apple Integrates ChatGPT Without Spending a Dime

Source: OpenAI

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways

  1. Apple integrates ChatGPT into its devices without paying OpenAI.
  2. The partnership aims to boost device usage and potential upgrades.
  3. Apple plans to expand AI offerings with multiple chatbot options.

What Happened?

Apple announced a groundbreaking partnership with OpenAI to incorporate ChatGPT into iPhones, iPads, and Macs. During the Worldwide Developers Conference, CEO Tim Cook and his team unveiled this move as part of their broader AI initiative. Interestingly, Apple isn’t paying OpenAI; instead, it’s leveraging its massive user base to promote OpenAI’s technology.

This integration is expected to boost user engagement and potentially drive upgrades to newer devices. ChatGPT will be embedded into Siri and new writing tools, making it available for free on Apple’s recent products.

Why It Matters?

This partnership is crucial as it marks a significant push by Apple into the AI space, enhancing the user experience on its devices. Integrating ChatGPT could make Apple’s devices more appealing, increasing the time users spend on them and encouraging upgrades. This could ultimately drive higher revenue through device sales and subscriptions.

For OpenAI, the collaboration provides massive exposure to millions of Apple users, which could translate into increased subscriptions for premium features. However, OpenAI faces rising costs due to its reliance on Microsoft’s Azure cloud services to host ChatGPT.

What’s Next?

Apple plans to diversify its AI offerings by adding Google’s Gemini chatbot and potentially partnering with Anthropic. This strategy aims to provide users with a range of AI services, much like the multiple search engine options in Safari. Apple intends to monetize these AI integrations through revenue-sharing agreements.

The company also needs to address challenges in expanding Apple Intelligence to other languages and regions, particularly in China, where services like ChatGPT are currently banned. Over the next year, expect Apple to roll out more language support and negotiate with local providers in international markets.

Source: Bloomberg
Tags: AIAppleChatGPTOpenAI
Previous Post

AI Startups Rush to Sell: Hugging Face CEO Shares Insights

Next Post

Jobless Claims Surge to 10-Month High: Is a Rate Cut on the Horizon?

Recommended For You

AI Disrupts Entry-Level Job Market, Leaving Recent College Graduates Struggling

by Team Lumida
1 day ago
AI Disrupts Entry-Level Job Market, Leaving Recent College Graduates Struggling

Key Takeaways: Powered by lumidawealth.com AI Replacing Entry-Level Work: Companies increasingly rely on AI tools like ChatGPT to perform routine tasks traditionally done by entry-level college graduates, reducing demand...

Read more

Alibaba Cloud Founder Predicts 90% of Current AI Services Will Disappear

by Team Lumida
2 days ago
Alibaba Stumbles: Profit and Revenue Fall Short Despite Strong Growth Efforts

Key Takeaways: Powered by lumidawealth.com AI Shakeup Coming: Wang Jian, founder of Alibaba's $16 billion cloud business, predicts 90% of current AI technologies and services will vanish within 5-10...

Read more

China’s Premier Targets AI ‘Monopoly’ as US-China Tech Race Intensifies

by Team Lumida
4 days ago
China’s Premier Targets AI ‘Monopoly’ as US-China Tech Race Intensifies

Key Takeaways: Powered by lumidawealth.com Global AI Organization: Premier Li Qiang announced China will spearhead creation of a "World AI Cooperation Organization" to prevent AI from becoming monopolized by...

Read more

Samsung Eyes More AI Partners for Next Galaxy Phones

by Team Lumida
5 days ago
a hand holding a phone

Key Takeaways: Powered by lumidawealth.com AI Expansion: Samsung is in talks with OpenAI, Perplexity AI, and others to integrate a broader range of AI services into its upcoming Galaxy...

Read more

Google Revenue Surges on AI and Cloud Growth

by Team Lumida
6 days ago
China Stimulus: Enough to Sway Markets?

Key Takeaways: Powered by lumidawealth.com Strong Q2 Growth: Alphabet’s revenue jumped 14% year-over-year to a record $96.4 billion, driven by robust gains in both its cloud and search businesses....

Read more

Trump Administration Uses Tariff Threats to Shield Big Tech in Global Trade Talks

by Team Lumida
1 week ago
Trump Delays Reciprocal Tariffs to August 1, Citing Progress in Trade Negotiations

Key Takeaways: Powered by lumidawealth.com Tech Protectionism: The Trump administration is leveraging tariffs and trade threats to pressure foreign governments into dropping or relaxing taxes and regulations targeting U.S....

Read more

SoftBank and OpenAI’s $500 Billion Stargate AI Project Stalls, Scales Back Ambitions

by Team Lumida
1 week ago
SoftBank and OpenAI’s $500 Billion Stargate AI Project Stalls, Scales Back Ambitions

Key Takeaways: Powered by lumidawealth.com Delayed Launch: The high-profile $500 billion Stargate AI infrastructure project, announced at the White House six months ago, has yet to complete a single...

Read more

Amazon Shares Lag as Investors Await Clear AI Payoff Despite Heavy Spending

by Team Lumida
1 week ago
Amazon’s $100 Billion Bet: AI Over Retail

Key Takeaways: Powered by lumidawealth.com Stock Underperformance: Amazon shares are up just 3% in 2025, trailing the S&P 500’s 7% gain and far behind AI-focused peers like Meta, despite...

Read more

Microsoft Warns of Active Attacks on SharePoint Servers, Urges Immediate Security Updates

by Team Lumida
1 week ago
Microsoft’s Blue Screen of Death: What You Need to Know

Key Takeaways: Powered by lumidawealth.com Active Exploitation: Microsoft has issued an alert about ongoing attacks targeting on-premise SharePoint servers, exploiting vulnerabilities that were only partially addressed in a July...

Read more

Meta Hires Top Apple AI Researchers, Escalating Talent War in Silicon Valley

by Team Lumida
2 weeks ago
Zuckerberg Launches Meta Superintelligence Labs, Pledges Billions for AI Leadership

Key Takeaways: Powered by lumidawealth.com Aggressive Recruiting: Meta has hired Mark Lee and Tom Gunter—two key AI researchers from Apple’s Foundation Models team—shortly after poaching their former boss, Ruoming...

Read more
Next Post
a now hiring sign in front of a building

Jobless Claims Surge to 10-Month High: Is a Rate Cut on the Horizon?

black and white star logo

SEC's Gensler Hints at Summer Approval for Ether ETFs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

A fed ex truck parked in a parking lot

FedEx’s New Strategy: Eliminating Duplicate Trucks to Boost Efficiency

August 4, 2024
Why Apple’s AI Approach May Save Its Reputation

Apple’s App Store Safety Concerns Raise Alarm for Children’s Digital Well-being

December 22, 2024
1 U.S.A dollar banknotes

Is the Recession Really Over? Key Economic Indicator Shows Surprising Turnaround

July 16, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018