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Apple Is Paying Google $1 Billion a Year for AI. Here's Who the Real Winner Is.

Apple's deal to put Google's Gemini AI inside Siri looks like an admission of defeat in the AI race. But a closer look at the numbers tells a very different story -- one where Apple comes out on top.

Apple Is Paying Google $1 Billion a Year for AI. Here's Who the Real Winner Is.

Published June 26, 2026 · Category: Finance

Overview

On Jan. 12, 2026, Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) announced a deal that will see Google's Gemini AI model power a smarter Siri. The price tag is rumored to be roughly $1 billion a year, though neither company has confirmed terms.

On its face, it looks like a confirmation that Apple is painfully behind in the AI space race. I disagree. I think Apple is the winner. Here's why.

Image source: Getty Images.

Details

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Originally published at www.fool.com.

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