Tech
tech
Rani Molla
8/22/25

Google rises on report Apple is considering using Gemini AI to power Siri

Another day, another AI model Apple is considering to power its next generation of Siri. Today, Bloomberg reports that Apple is in early discussions with Google to use Gemini for that purpose.

Both companies’ stocks turned even higher on the news during an already green day for them and the broader market.

Earlier this summer, Bloomberg reported that Apple was considering Anthropic and OpenAI as well.

“Apple is still several weeks away from making a decision on whether to continue using internal models for Siri or move to a partner,” according to Bloomberg.

Last year, Apple attempted to use in-house models in combination with ChatGPT to create an AI Siri — a move that’s mostly been a flop. Analysts including Wedbush Securities’ Dan Ives have been encouraging Apple to look beyond Cupertino for AI innovation.

Earlier this summer, Bloomberg reported that Apple was considering Anthropic and OpenAI as well.

“Apple is still several weeks away from making a decision on whether to continue using internal models for Siri or move to a partner,” according to Bloomberg.

Last year, Apple attempted to use in-house models in combination with ChatGPT to create an AI Siri — a move that’s mostly been a flop. Analysts including Wedbush Securities’ Dan Ives have been encouraging Apple to look beyond Cupertino for AI innovation.

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President Trump hosts tech executives and their guests to a dinner at the White House in the Oval Office.

Here are the Trump ties among the tech leaders who had dinner at the White House

Many of the attendees have donated to, vocally supported, or even worked for the president.

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Tesla’s EV market share declined to 38% in August

In August, Tesla’s share of the US EV market fell to 38%, according to new data from Cox Automotive reported by Reuters. Tesla’s market share fell below 50% for the first time last year, as competitors’ EVs began hitting the market. Now, as Tesla’s own sales slip more drastically than they had last year, it’s giving up even more ground. Tesla’s market share fell from 48.7% in June to 42% in July to 38% in August, according to Reuters. That slide has come even as buyers rushing to take advantage of the federal tax credit that ends this month provide a near-term boon for sales at Tesla and other EV makers.

$115B

OpenAI now expects to burn around $115 billion through 2029 — a full $80 billion higher than the company had previously estimated, The Information reports.

Just how much is that? It’s roughly equivalent to:

Fortunately for OpenAI, which is raising money at a $500 billion valuation, its revenue is also growing faster than expected. The ChatGPT maker now expects to make $13 billion in revenue this year and $200 billion in 2030.

An annotated photo of who attended the tech dinner at the White House.

An interactive who's-who of the tech execs at Trump's White House dinner

The White House invited a gaggle of top founders and tech executives for an intimate dinner at the White House.

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