Apple Seeks News Deals Amid AI Expansion Plans
Apple's stock options are attracting attention as the company seeks deals with news publishers to improve Siri, according to reports. The news comes as Apple is set to launch a suite of AI tools in China in the coming months, training an AI model specifically for the Chinese market.
A recent report from Omdia found that iPhone users spend 40% more on micro-dramas than Android users in several major markets, highlighting the strong commercial potential of these audience segments.
The news has sent tech stocks rallying, with Micron, SK Hynix, and Intel seeing significant gains. Meanwhile, Apple's stock price remains steady at $372.50 per share.