The multi-year partnership validates Google’s AI comeback, spotlights Apple’s AI woes, and is a blow to OpenAI.

This increase propelled the shares to more than 32x forward earnings—a premium valuation that hinges on Apple’s success in its upcoming major platform transition.

Eddy Cue, Apple's (NASDAQ:AAPL) senior vice president of services, said on Tuesday that the company is exploring the option of adding artificial intelligence search options to its Safari web browser.

Apple Inc. plans to let third-party developers build applications using its large language models, Bloomberg reported today. The company is expected to announce the initiative at its upcoming WWDC ...