The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.

Barton Crockett, Rosenblatt Securities senior analyst, joins 'Squawk Box' to discuss the AI battle between Apple and OpenAI, future of AI-powered devices, OpenAI's purchase of former Apple designer Jony Ive's design firm,

The report from Bloomberg outlines why Apple has been struggling with its AI strategy. Sources claim Apple Intelligence “wasn’t even an idea” before ChatGPT was launched in late 2022, and that head of software engineering Craig Federighi was “reluctant to make large investments in AI” without a clear end goal.

Apple has pulled out all the stops to tout shiny new AI tools. Now, the company is facing questions about what it’s promised versus what it’s delivered.

Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. What next for the AAPL shares this year?

The notoriously protective iPhone maker is opening up its artificial-intelligence models to outside developers.

Tom Forte, Maxim Group senior consumer internet analyst, joins 'Money Movers' to discuss Apple following the news of OpenAi investing in former iPhone designers company.

As OpenAI competes with tech giants such as Google, Meta and Apple, it's recruiting some of the most well-known figures in the tech industry.