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.
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.
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
What moved overnight · what to watch today · pre-positioning notes from our desk. Delivered to your inbox at 6:30 AM Dubai.
No spam. Unsubscribe in one click. We never sell your email.
We use cookies and similar technologies to improve your experience, serve personalized ads, and analyze traffic. You can manage your preferences or accept/reject all.
Cookie Preferences
EssentialRequired for the site to function. Always active.
AnalyticsHelp us understand how visitors interact with the site.
AdvertisingUsed to deliver personalized ads.
FunctionalEnable enhanced functionality and personalization.