Apple AI

For two decades, no company better embodied the promise of the stock market than Apple Inc. Its transformation from niche computer maker to the most valuable corporation on the planet made its shares a cornerstone of investment portfolios worldwide.But in what seems like a blink of an eye, Apple's sheen is starting to fade. Artificial intelligence is the story in technology now, driving the growth that the company used to count on from selling its gadgets and services to eager consumers across the globe. This has Apple…

In an interesting turn of events, Apple is reportedly in talks with Google over the use of its Large Language Model (LLM) Gemini for powering artificial intelligence (AI) features on the iPhone. This development comes just days after the iPhone maker allegedly bought Canadian AI startup DarwinAI ahead of the reveal of iOS 18 in the summer which is reported to bring big AI features to the iPhone.Also Read: Apple iPhone 16 Leak Hints at Upgraded Neural Engine to Support iOS 18's AI Features Apple in talks with…

Apple plans to disclose more about its plans to put generative artificial intelligence to use later this year, chief executive officer Tim Cook said during the company's annual shareholder meeting on Wednesday.Cook said that the iPhone maker sees "incredible breakthrough potential for generative AI, which is why we're currently investing significantly in this area. We believe that will unlock transformative opportunities for users when it comes to productivity, problem solving and more."Elevate Your Tech Prowess with…

After witnessing rivals such as Samsung and Google leverage artificial intelligence (AI), it seems like Apple is gearing up to bank on this rapidly developing technology. In its efforts, the iPhone maker has been quietly acquiring tech startups -  21 startups since 2017 to be precise. These numbers hint that Apple could finally make an AI push this year by unveiling a slew of AI upgrades for its suite of products including iPhone, iPad and Mac. During the Q1 earnings call, Apple CEO Tim Cook highlighted the company's…

Microsoft's early lead in artificial intelligence has the software heavyweight's stock market value poised to pull decisively ahead of Apple's over the next five years, 13 institutional investors unanimously agreed ahead of the tech titans' quarterly results this week.Microsoft's shares have surged 7% so far in 2024, recently sending its stock market value above $3 trillion and dethroning Apple as the world's most valuable company. As of Friday, the Redmond, Washington software maker's market capitalisation was a few…

Ever since ChatGPT burst onto the surface in 2022, artificial intelligence (AI) has become a red-hot topic. There have been endless debates on whether the opportunities that have arisen courtesy of AI outweigh the obstacles raised by this new technology. But, this dilemma hasn't stopped big tech companies from investing in it. From AI chatbots to tools that can be used for various purposes including image generation, and code interpretation, we've already seen mass adoption of AI. It has even reached smartphones, with…

Image Source : APPLE Apple's Siri Apple is gearing up to make a significant entry into the AI scene this year. The big reveal is likely to happen at the Worldwide Developers Conference (WWDC) 2024 keynote in June. Apple has a history of keeping its major developments under wraps, and with AI, it's no different. AppleGPT: A Strong AI Contender Rumours suggest…

Apple Inc. shares rose on Thursday, after Bank of America upgraded the iPhone maker to buy from neutral, a sign of confidence in the stock following a weak start to the year.The stock gained 3.3%, its biggest one-day percentage gain since May. It remains down 2% this year, making it one of the weakest performers among the so-called Magnificent 7 megacaps that fueled market gains in 2023. Artificial intelligence will be a driver for the company's hardware and services business, according to BofA analyst Wamsi Mohan, who…

Apple Inc. is shutting a 121-person team related to artificial intelligence operations in San Diego, leaving many employees at risk of termination, according to people familiar with the matter. The group, known as Data Operations Annotations, was told Wednesday that they would be relocating to Austin to merge with the Texas portion of the same team, said the people, who asked not to be identified because the plans haven't been announced.Apple told employees that they have until the end of February to decide if they will…

Apple has opened negotiations in recent weeks with major news and publishing organizations, seeking permission to use their material in the company's development of generative artificial intelligence systems, according to four people familiar with the discussions.The technology giant has floated multiyear deals worth at least $50 million to license the archives of news articles, said the people with knowledge of talks, who spoke on the condition of anonymity to discuss sensitive negotiations. The news organizations…