Jim Cramer Discusses Reports of Apple (AAPL)’s AI Deal With Google

Core Insights - Apple Inc. (NASDAQ:AAPL) is reportedly set to pay $1 billion to Google for the use of its Gemini AI platform, which is expected to enhance Apple's AI capabilities, particularly in improving Siri's performance [2]. Group 1: Apple and AI Investment - The deal with Google is seen as a significant step for Apple, addressing concerns about Siri's previous shortcomings and positioning the company more competitively in the AI space [2]. - Jim Cramer expressed optimism about the partnership, suggesting that it could change perceptions of Apple's AI capabilities and improve its stock performance [2]. - Cramer believes that the current price-to-earnings multiple for Apple is too low, indicating potential for stock appreciation as the company enhances its AI offerings [2]. Group 2: Market Context - While Apple is viewed as a promising investment, there are suggestions that other AI stocks may offer higher returns with lower risk [2]. - The article hints at the potential for short-term AI stocks that could benefit from current market conditions, including tariffs and onshoring trends [2].