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Rani Molla

Apple closes near session highs after report it’s planning an AI web search tool like ChatGPT

Shares of Apple closed near session highs, getting an extra jolt near the end of the trading day following a report from Bloomberg that the iPhone maker is planning on launching its own AI-powered search tool next year that will compete with similar ones from OpenAI and Perplexity. The “answer engine,” dubbed World Knowledge Answers, is part of a larger AI overhaul of its Siri assistant that Apple has so far failed to deliver.

Apple reached an agreement with Google to “evaluate and test” the underlying tech behind part of this AI Siri. Bloomberg previously reported that Apple is in talks with Google over using Gemini to power Siri.

The news comes one day after a US court ruling on Google’s monopoly case that left its commercial relationship with Apple little changed.

Apple Plans AI-Powered Web Search Tool for Siri to Rival OpenAI, Perplexity

Apple Plans AI-Powered Web Search Tool for Siri to Rival OpenAI, Perplexity

Apple reached an agreement with Google to “evaluate and test” the underlying tech behind part of this AI Siri. Bloomberg previously reported that Apple is in talks with Google over using Gemini to power Siri.

The news comes one day after a US court ruling on Google’s monopoly case that left its commercial relationship with Apple little changed.

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Rani Molla

SpaceX seals right to buy coding startup Cursor for $60 billion

SpaceX said today it is “working closely together” with fast-growing coding startup Cursor “to create the world’s best coding and knowledge work AI.” The post also said SpaceX would have the right to acquire Cursor later this year or make the startup “pay $10 billion for our work together.” The New York Times, citing people familiar with the matter, previously reported that the companies had agreed to an acquisition.

The news comes as SpaceX prepares for a blockbuster IPO and doubles down on AI, with a growing — if still fully aspirational — focus on space-based data infrastructure and computing.

Last month, when SpaceX hired two senior leaders from Cursor, CEO Elon Musk noted that xAI, which SpaceX acquired earlier this year, “was not built right first time around, so is being rebuilt from the foundations up.”

ChatGPT Images 2.0 sample aliens

OpenAI releases new image generation model with complex capabilities

ChatGPT Images 2.0 marks a big leap forward in image generation as OpenAI seeks to distinguish its features from Anthropic’s Claude.

Jon Keegan16h
Rani Molla
23h
Tesla delivery miss puts margins and cash flow in focus

Tesla reports first-quarter earnings Wednesday.

US-AUTOMOBILE-EARNINGS-POLITICS-TESLA
Rani Molla
4/21/26
What analysts want from Apple’s new CEO

John Ternus is known for his decisiveness, and he needs to make some big decisions on AI.

Apple CEOs John Ternus and Tim Cook
Rani Molla
4/20/26
Tim Cook to step down as Apple CEO, John Ternus to replace him

Ternus was considered the front-runner for the job. During Cook’s tenure, he oversaw Apple stock gains of 1,933%, nearly quadrupling the S&P 500.

Chief Executive Officer (CEO) of Apple Tim Cook opens the first Apple store in India's Mumbai

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