2024-06-15 07:38:09 ET
Summary
- At its most recent Worldwide Developer Conference (WWDC), Apple announced its new AI service, dubbed Apple Intelligence.
- The AI tools promised to integrate seamlessly into many different aspects of Apple's ecosystem.
- The event garnered rave reviews from top YouTube reviewers, some of whom were more critical of Apple in the past.
- Apple can make money directly from its revenue sharing deal with OpenAI.
- In this article, I explore the reasons why Apple's new AI is so promising, and could continue lifting the stock.
This week, Apple ( AAPL ) held its Worldwide Developer Conference (“WWDC”), an annual event that usually showcases the company’s new software and APIs. This year, the event was quite a departure from previous ones. Focused primarily on generative artificial intelligence (“AI”), it generated a lot of hype. People expected a lot from the event and, going by the rave reviews it got, the event delivered....
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For further details see:
Apple Looks Set To Win The AI Race (Rating Upgrade)