Nvidia’s shares rallied around 6% to hit a record high on Tuesday, leaving the AI chipmaker’s stock market value about $100 billion away…
Tag: GenAI
Apple to focus on practical AI-powered features at WWDC
Scrambling to catch up, Apple’s first set of modern AI features won’t be as impressive as rival offerings, but the company is betting…
How Generative AI can breathe new life into iPhones, Macs, iPads, Apple Watches, Apple TVs, HomePod, and more
Generative AI, a type of artificial intelligence that can create new data, like text, images, or videos. It works by learning the underlying…
Nvidia closing in Apple to become world’s second most-valuable company
Already the world’s third-most valuable firm, Nvidia’s market cap gain on Thursday was roughly equivalent to the full value of Adobe…
Apple teaming with OpenAI on chatbot to be announced at WWDC
Apple is reportedly teaming up with OpenAI to add the startup’s chatbot technology to its products. The companies are preparing…
Apple stock returns to winning ways as AI optimism builds
Apple stock has nearly erased its year-to-date drop with recent gains as investor hopes for a major AI event ratchet up in the lead-up…
OpenAI’s ChatGPT will soon be able to see everything happening on your screen
Yesterday in its spring update, OpenAI launched a fully-native Mac app for ChatGPT and also debuted its new flagship model, GPT-4o…
Apple reportedly finalizing terms to incorporate OpenAI’s ChatGPT technology into operating systems
Apple reportedly is close to a deal with ChatGPT-creator OpenAI to integrate its generative artificial intelligence (GenAI) technology…
Apple plans to smarten up Siri with generative AI infusion
A new report suggests that Apple’s Siri virtual assistant is undergoing a major revamp with the integration of generative AI…
Apple’s belated AI reveal had better not be ‘off the mark’
If the company misses the mark when it unveils its belated AI features next month, Apple stock could be in a lot of trouble…
Apple supplier TSMC’s sales jumped 60% in April on AI chip demand
Major Apple supplier Taiwan Semiconductor Manufacturing Co. (TSMC) saw April sales jump 60% to NT$236 billion (US$7.3 billion) as…
Apple to power some AI features with via data centers using Apple Silicon
This year, Apple will power some of its upcoming artificial intelligence features via data centers equipped with its own Apple Silicon chips…
Apple’s iPad event was an AI appetizer
Apple’s recently hatched plan to catch up to rivals in artificial intelligence, specifically in generative AI (GenAI), have begun to be…
Apple investors get 2 new signs that Apple has woken up on AI
There’s mounting evidence that Apple has woken up to the importance of artificial intelligence, Jim Cramer said on CNBC Tuesday…
Where is Apple headed after latest product event?
Apple unveiled new models of its iPad and a new M4 chip during a pre-taped event on Tuesday. “This is the biggest day for iPad since…
Apple unveils powerful new AI-focused M4 chip
Apple unveiled its latest iPad Pro models on Tuesday powered by new Apple Silicon, the M4 SoC, with a new Neural Engine for AI and…
Apple expected to unveil new iPads and possibly a new chip with AI features at ‘Let Loose’ event
Apple plans to hold a virtual event on Tuesday at 7am PDT / 10am EDT where it is expected to reveal new iPad models, some of which…
Apple said to begin production of M2 Ultra-powered AI servers
Haitong analyst Jeff Pu is reporting that Apple has begun production of its own AI servers powered by its M2 Ultra chip…
Reports of a better Siri abound yet again; this time it might actually be true
Believe it or not, after years of similar promises that never really came to fruition, Siri might actually significantly improve…
Bank of America ups Apple price target to $230
BofA raised its price target from $225 to $230, saying that the company could be about to see a multiyear iPhone upgrade supercycle…
Apple CFO: ‘We are making significant investments’ in AI and ‘believe we are well-positioned’
Apple is planning a long-awaited push into generative artificial intelligence (GenIA), the fruits of which are expected to be revealed at its…
Apple buys itself some time as it scrambles to catch up in AI
Apple’s board of directors on Thursday announced the authorization of an additional program to buyback up to $110 billion of the company’s…
Apple expected to report biggest quarterly revenue decline in more than a year
Apple’s plans to catch up to rivals in generative AI and revive sagging sales in the Chinese smartphone market will be in focus on Thursday…
Apple poaches AI experts from Google for secretive artificial intelligence lab
Apple has poached dozens of artificial intelligence experts from Google and has created a secretive AI laboratory in Zurich, Switzerland…
Apple might be able to get away with another weak iPhone quarter
Apple is set to report its fiscal 2nd quarter earnings report this Thursday, after the closing bell, but the company may be able to skate by…
Bernstein upgrades Apple stock, reiterates $195 target price
Bernstein analyst Toni Sacconaghi on Monday raised his rating on Apple stock to “Outperform” from “Market Perform” and reiterated…
Apple’s new iPad Pro likely to be AI-driven device powered by M4 chip
It’s a strong possibility that the chip in the new iPad Pro will be the M4, not the M3 and it will be Apple’s first major AI-driven device…
Apple reportedly renews talks with OpenAI for generative AI features
As Apple scrambles to catch up to rivals in generative AI, the company has renewed talks with OpenAI regarding artificial intelligence…
Apple’s forthcoming on-device model is the future of AI
Apple has revealed some of its plans for the on-device AI that will run on future iPhones, iPads, and other devices and it looks like…
Microsoft results top Wall Street targets; world’s most valuable company driven by AI investment
Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of AI…
Apple’s newly released AI models could show the future of artificial intelligence on iPhones
Apple researchers have released a slew of new AI models that offer a hint at how artificial intelligence might work on future iPhones…
Apple reportedly designing its own custom artificial intelligence server processor
Apple is reportedly developing its own artificial intelligence server processor using TSMC’s 3nm process, with mass production to begin by…
Apple acquires Datakalab, an AI startup specializing in on-device processing
As it scrambles to catch up to rivals in GenAI, Apple has acquired the Paris-based artificial intelligence startup Datakalab which…
Wells Fargo: Buy Apple stock on weakness
Apple stock continues to underperform the market, but one Wells Fargo analyst recommends buying the dip ahead of some potential…
Apple likely to reveal on-device large language model AI at WWDC 2024
As Apple scrambles to catch-up in generative and other artificial intelligence, the company’s next big thing is an on-device lLLM…
Apple may leapfrog to massive AI advantage
Apple’s iOS 18 AI capabilities will be on-device – no need for privacy-infringing cloud processing that rivals rely upon – and from which…
Apple is nearing production of powerful AI-focused M4 chips for Mac
Apple is nearing production of M4 chips and is planning to release its first Macs with the components later this year…
News of Apple’s AI-focus unleashes $112 billion stock surge
The stock market has punished Apple this year for failing to offer a generative AI (GenAI) solution to help power its future growth. The…
Apple preps dramatic overhaul of entire Mac line powered by AI-focused M4 chips
Looking to boost sluggish computer sales, Apple is preparing to overhaul its entire Mac line powered by a new family of M4 Apple Silicon…
Apple in deal with Shutterstock to use hundreds of millions of images, videos, and music files for GenAI training
After ChatGPT debuted in late 2022, Apple struck an agreement with stock image provider Shutterstock to use hundreds of millions of images…
Key analyst says Apple making personal robots would be a ‘horror show’
Apple is reportedly exploring the development of personal robots. Such a push into home robotics would be a “horror show.,” according to…
Get ready to be disappointed by Apple’s AI announcements at WWDC
Cue up the sad trombone to follow Apple’s big AI announcements at WWDC as “the chances of a truly momentous announcement at WWDC are low…
