Bloomberg Podcasts
Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos

Apple, Google Confirm Multiyear Deal for AI Technology, Siri

Posted

January 13, 2026

Views

10,629

Likes

105

Comments

11

Engagement

1.09%

Search the Record

Indexed

Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.

Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.

Try a name, a topic, or a quoted line

YouTube Description

as posted by the channel

Alphabet Inc.’s Google confirmed that it has entered a multiyear deal with Apple Inc. to power the iPhone maker’s artificial intelligence technology, including the Siri voice assistant.  Bloomberg's Anurag Rana joins to discuss.

“After careful evaluation, Apple determined that Google’s AI technology provides the most capable foundation for Apple Foundation Models and is excited about the innovative new experiences it will unlock for Apple users,” the two companies said Monday in a joint statement. Terms of the agreement weren’t disclosed.

Bloomberg reported late last year that the two companies were finalizing such a deal, with Apple planning to pay about $1 billion a year.

Read More: Apple Nears Deal to Pay Google $1 Billion a Year for Siri AI

Shares of Alphabet rose as much as 1.7% Monday, while Apple was up less than 1%.

In the statement, the companies said that Apple would maintain its privacy standards by continuing to run its AI services on consumers’ devices or via Private Cloud Compute — a secure online system. The Google technology will help support a new version of Siri that is due this year.

Apple had previously delayed the update after development snags, part of broader struggles to introduce AI features.

--------

Get more on The Bloomberg Intelligence Podcast

Follow us on X

Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:

Apple CarPlay

Android Auto

Visit our YouTube channels:

Bloomberg Podcasts

Bloomberg Television

Bloomberg Originals

Guests & Subjects Covered

Alphabet Incs GoogleApple IncBloomberg's Anurag RanaGoogles AIApple Foundation ModelsPay GoogleSiri AI SharesPrivate Cloud Compute

Sentinel Indexing in Progress

Metadata and chapters are available. Claim extraction for this episode is pending.

All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.

Apple, Google Confirm Multiyear Deal for AI Technology, Siri · Bloomberg Podcasts · Sentinel