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- Google’s Gemini becomes top free iPhone app after Nano-Banana drives 500M+ image edits
Google’s Gemini becomes top free iPhone app after Nano-Banana drives 500M+ image edits

Top stories today:
- Google’s Gemini becomes top free iPhone app
- OpenAI said to cut Microsoft revenue share to 8% by 2030
- Fed expected to cut rates by 25 bps Wed.
- Polymarket said to be valued at $9B, Kalshi close to $5B
- ChatGPT now has 73% of use personal, OpenAI study finds
0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.
1. Google’s Gemini becomes top free iPhone app after Nano-Banana drives 500M+ image edits
As of Fri. evening, Gemini is the #1 on Apple’s Top Free Apps chart on the U.S. App Store.
ChatGPT took 2nd place, while Meta’s Threads came in 3rd.
From its launch on Aug. 26 to Sep. 9, the Gemini app saw 23M new users.
Gemini has also surpassed ChatGPT in Google’s global search trends, with more people now searching for it
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3. OpenAI said to cut Microsoft revenue share to 8% by 2030, saving $50B
At ~8%, the share is below OpenAI’s earlier forecast of ~10% of 2030 revenue going to partners.
Microsoft is entitled to 20% of OpenAI’s revenue through 2030, per their original deal.
~$56B in revenue is now projected to be shared with Microsoft and other partners through 2030.
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