- Elon Musk criticized a new multi-year collaboration between Apple and Google, calling it an “unreasonable concentration of power.”
- Apple said it will use Google technology to power foundation models while keeping Apple Intelligence on devices and using Private Cloud Compute to protect privacy.
- Musk noted Google already controls Android and Chrome; his remark is documented in Musk’s X post.
- Wedbush analyst Dan Ives called the agreement “an incremental positive” for both companies.
- Retail sentiment around AAPL stayed “extremely bullish,” while sentiment for GOOG moved to “extremely bullish”; both shares closed higher on Monday.
Elon Musk on Monday criticized a new multi-year deal between Apple and Google, saying the partnership looks like an “unreasonable concentration of power.” The comment appears in Musk’s X post. Musk is chief executive of Tesla and the founder of the AI startup xAI.
Apple announced the collaboration with Alphabet Inc.’s Google to provide foundation-model technology for Apple products and AI features, including planned updates to Siri later this year. The companies said they chose Google technology after evaluation and expect it to unlock new experiences for users.
The firms said Apple Intelligence will continue to run on Apple devices and that Private Cloud Compute will be used to preserve Apple’s privacy standards. The joint statement did not disclose financial terms. The report also noted that Google’s technology already powers features such as Samsung’s Galaxy AI.
Dan Ives, an analyst at Wedbush, described the deal as “an incremental positive” for both companies, saying it validates Google’s foundation models and helps accelerate Apple’s AI roadmap into 2026 and beyond.
On social platforms, retail sentiment for AAPL remained in “extremely bullish” territory with high message volume. Sentiment for GOOG rose from “bullish” to “extremely bullish,” also with elevated message volume. Both AAPL and GOOG shares finished the trading day in the green. An online “Add us on Google” button also appeared alongside coverage Add us on Google.
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