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Apple plans to spend about $1 billion annually to use Google's advanced 1.2 trillion parameter AI model for an overhaul of its Siri voice assistant. The companies are close to finalizing an agreement after a thorough evaluation process.
The article argues that despite concerns over Apple's AI strategy and a weakening supply chain, the company's strong brand loyalty and durable market position will help it weather potential disruptions. While short-term challenges may arise, Apple is expected to remain a solid long-term investment as the AI hype evolves.