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 With little in the way of company earnings and economic data out this morning, the expectation was for a somewhat sleepy morning ahead of today’s GTC keynote by Nvidia (NVDA) CEO Jensen Huang.However, that is not the morning folks will be getting given reports that Apple (AAPL)Apple (Apple (GOOGL)Apple (and Nvidia is in advanced negotiations to acquire AI infrastructure orchestration and management platform Run:ai.With Apple and Google, indications are Google’s set of generative AI models would power some new features coming to the iPhone software this year in a relationship that would extend the Search pact between the two companies.Nvidia’s interest in Run:ai is simple to see because Run:ai has developed an orchestration and virtualization software layer tailored to the unique needs of AI workloads running on GPUs and similar chipsets.It will be interesting to hear what Jensen says about this as well as other announcements tied to his keynote at 4 PM ET dubbed, “Don’t Miss This Transformative Moment in AI.” Expected items include more details about the company’s B100 chip, potentially its most capable AI GPU yet.We’d bet Jensen will discuss the demand for its chips to back up the company’s recent shoot-the-lights-out guidance, but also its product roadmap. With other speakers ranging from Ford Motor (F), Meta (META), Google, Salesforce (CRM), ServiceNow (NOW), L’Oréal (LRLCF), Goldman Sachs (GS), Lowe’s (LOW), and a host of others over the next few days, the conference will provide more insight to what is unfolding in the AI space.More By This Author:Equities Look to Bounce BackFebruary Retail Sales And PPIFebruary CPI – Market Sell Off Or Buy the Dip?