anurag: from the ai side, they are a bit behind. i do not think anybody would say apple would have one of the leading large language models or even small in which models. right now, they have said they will use openai for their particular products, like you ask siri a question, and it uses ai. down the road, they could use other models as well. but they should be making an effort to put their own. models in there as well. that's not easy. you can understand how much money it has taken openai to come up with these models. if they are serious about ai in their products, they will have to spend some money. caroline: bloomberg intelligence's anurag rana, thank you. let's get all of this and the context of ongoing -- ipek ozkardeskaya is with us from swissquote. we think about ai spend and what is happening in china and alibaba in the context of china and u.s. relations. how much of this is a concern going forward? ipek: right now, we obviously have a world that has shifted its focus on geopolitical tensions. so the technology war is jus

jackie: that is anurag rana. thank you for joining us.t for this edition of "bloomberg technology." forget to check out our podcast. you can find it on the terminal, as well as online. this is bloomberg. ♪ ♪ safari? hot air balloon ride? swim with elephants? wait, can we afford a safari? great question. like everything, it takes a little planning. or, put the money towards a down-payment... ...on a ranch ...in montana ...with horses let's take a look at those scenarios. j.p. morgan wealth management has advisors in chase branches and tools, like wealth plan to keep you on track. when you're planning for it all... the answer is j.p. morgan wealth management. sonali: tim: