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Market Chatter: Apple In Talks With Tencent, ByteDance on AI Model Integration for iPhones

MT Newswires Live12-20 17:29

Technology giant Apple is looking to integrate Tencent (HKG:0700) and TikTok owner ByteDance's artificial intelligence models into iPhones sold in China, Reuters reported Thursday.

The talks with the above local parties come because Chat GPT is unavailable in China and generative AI services need to obtain Chinese government approval prior to public release, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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