Apple would punish him severely unless they cleared it in advance, it might be to their advantage for some reason (negotiating with Google for Gemma rights? idk).
I would be slightly surprised if anything Apple wanted to do with Gemma they couldn't do with Gemini, which they have the right to make various derivatives of.
They could more or less redistribute Gemma as-is in the developer program; they are unlikely to be troubled by any of the licence terms.
They never had $200 billion in cash in any quarter. Not at least since 2014. Besides, how much cash to hold is an executive decision. If the cash balance went down, it doesn't mean their business is not doing well. Cash can be used for Capex, like what the hyperscalers are doing right now. It can be used for buying back equity.
I do not believe they are panicking, not least because I don't think they've finished adjusting Apple Silicon for the task; it will be very interesting to see what happens in the M6 and M7.
I think their strategy is broadly correct, actually; I think there's still a bit of scope for "sit and wait and do it right" here. But acquiring more edge AI tech and edge AI people would potentially be in their interest.
And if they aren't, they should be. They ship some of the cheapest, most capable, and easiest to buy/set up AI hardware out there, and then don't ship any AI software worth speaking of. Apple needs to fix this.
They could more or less redistribute Gemma as-is in the developer program; they are unlikely to be troubled by any of the licence terms.