Apple Considers ChatGPT or Claude for Major Siri Overhaul as Stock Price Target Hits $300
Apple is advancing plans to overhaul its Siri voice assistant with third-party AI technology, testing integrations with OpenAI's ChatGPT and Anthropic's Claude. Internal evaluations reportedly show superior performance from these external systems compared to Apple's native solution.
The potential partnership faces financial hurdles, with Anthropic demanding multibillion-dollar annual fees that escalate over time. Leadership of the Siri transformation has shifted to executives Mike Rockwell and Craig Federighi following recent organizational changes.
Wall Street analysts project significant upside for Apple stock, with the most bullish price target reaching $300 - a 46% premium to current trading levels around $205. The average analyst target stands at $226.54, reflecting growing Optimism about Apple's AI strategy.