Im katie greifeld, in new york. Welcome to bloomberg markets. Looking at markets so far this monday, there is a lot of green behind me. The s p 500 is up. 9 . Taking a look at tech, it gets even better. The nasdaq 100 is up 1. 3 at a lot of that is thanks to what we are seeing in alphabet, currently up 6 on the heels of a Bloomberg News scoop that apple and alphabet are considering a deal to allow the gemini ai to power new iphone features, sources telling bloomberg that the tech giants are actively negotiating a plan to let apple license the models into the new ios capabilities as soon as this year. Alex webb joins us with the details. Why does apple need google for this . Alex the assumption is that at this stage apple is quite awake behind google in this space, technologically. Google is one of the market leaders, up there with the load the likes of openai. Apple is really fighting to catch up and have moved a lot of people from their car project into ai and it seems as though if th