Apple's Google Gemini Deal Could Be Worth $5 Billion

Apple's newly announced partnership with Google to use Gemini models for Siri and Apple Intelligence could be worth as much as $5 billion, according to one analyst's estimate.
The deal is structured as a cloud computing contract that will see Apple pay "several billion dollars to Google over time," according to the Financial Times (paywalled), citing a person familiar with the agreement. Gene Munster at Deepwater Asset Management puts the value at $5 billion for Google.The arrangement is reminis