Ming-Chi Kuo wrote about how Apple's approach to AI could impact stock prices in the short term as no product with this tech is expected soon.
According to the analyst, “There is no sign that Apple will integrate AI edge computing and hardware products in 2024, so it is difficult to benefit the stock prices of Apple and its supply chain.” This means that Apple is still lagging behind the competition, as Microsoft andBloomberg’s Mark Gurman recently said Apple has been developing its own GPT.
Some keywords Apple has been using for years are “machine learning” and “neural engine.” For example, with iOS 17, if you listen to an ABBA song and then check the Spotlight tab, you’ll see a recommendation to check web details about the band. This is Artificial Intelligence. With the new autocorrection language model, Apple also uses AI to predict what you will write or what you intend to say. This is also AI.
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