On Monday, at the WWDC 2024, Apple Inc. (NASDAQ:AAPL) unveiled a collaboration with OpenAI to incorporate the AI chatbot, ChatGPT, into its devices. However, a new report suggests that the partnership is unlikely to generate significant revenue for either party, at least initially. What Happened: Under the terms of the agreement, Apple will not be making any cash payments to OpenAI. Instead, the tech behemoth believes that the exposure of OpenAI’s brand and technology to its extensive user base is of equal or greater value than monetary transactions, reported Bloomberg, citing people briefed o…
