AI Fund Flows

Apple → Google: $1B cloud & services

Apple picks Google's Gemini for new Siri. Multiyear deal: Gemini becomes the basis of Apple Foundation Models and the new Siri, run on Private Cloud Compute.

This deal is 38% of everything Apple pays and 0% of everything Google receives in this database.

Date
Jan 12, 2026
Paid by
Apple
Received by
Google
Type
Cloud & services
Amount
$1B
Status
announced
Note
~$1 billion/year (Bloomberg), unofficial

Sources

All deals between Apple and Google

More Apple / Google deals

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