Apple CEO Tim Cook claims firm is &#x27investing significantly&#x27 in generative AI

Apple CEO Tim Cook claims firm is &#x27investing significantly&#x27 in generative AI


Apple CEO Tim Cook (2nd R) greets customers as he comes for the launch of the Vision Professional headset at the Apple Retailer in New York Town on February 2, 2024.

Angela Weiss | AFP | Getty Photographs

Apple CEO Tim Cook dinner mentioned on Wednesday that his organization is pouring dollars into synthetic intelligence, a person of the strongest indicators but that the Iphone maker is embracing the generative AI fad which is consumed the tech field.

The enterprise sees “outstanding breakthrough likely for generative AI, which is why we are at present investing substantially in this region,” Cook reported at Apple’s annual shareholder conference, which was held virtually. “We feel it will unlock transformative possibilities for our end users when it arrives to productiveness, issue resolving and extra.”

Apple has not unveiled competing goods to designs like OpenAI’s GPT or Google’s Gemini, but he teased a important announcement coming this calendar year.

“Later this yr, I search forward to sharing with you the approaches we will split new ground in generative AI, one more technological innovation we believe that can redefine the potential,” Prepare dinner explained.

Cook dinner also reframed quite a few introduced Apple merchandise as “AI-powered,” to emphasize that the firm has been doing the job on the know-how for decades. In the earlier, the organization tended to stay clear of the time period AI in favor of equipment discovering.

Present-day functions that use Apple’s AI engineering include things like the Eyesight Pro’s hand tracking resource and Apple Watch’s heart amount alerts, Cook dinner claimed. He also stated that Apple’s chips inside of its MacBooks are capable of operating AI.

“AI is woven into our users’ lives for all types of duties, from the day-to-day to the crucial,” Cook mentioned. “AI makes it possible for Apple Watch to assistance you observe your workouts, quickly detecting irrespective of whether you’re using a walk or heading for a swim. It permits your Iphone to contact for enable if you might be in a car accident.”

Apple typically announces new application goods and features in June at its yearly developer’s conference.

At the assembly, Cook was not asked about the Apple Car or truck venture, which he’d earlier named the “mom of all AI tasks.” Employees were being advised on Tuesday that the program was being disbanded.

In response to a basic query about what solutions the enterprise chooses to release, Prepare dinner mentioned “a lot of this is about emphasis.”

The remarks arrived following Apple shareholders rejected a proposal that would compel the firm to deliver a report on AI challenges.

The proposal submitted by the AFL-CIO Index Resources was read at the conference by Apple retail worker and union organizer Michael Forsythe and would have pushed the enterprise to disclose moral suggestions for AI. Apple opposed the effort and hard work, saying this sort of a shift could disclose organization techniques.

At the assembly, shareholders authorized Apple’s board of directors, including electing former Aerospace CEO Wanda Austin, who is joining as Al Gore and James Bell retire. Shareholders also accepted the company’s auditor and executive shell out.

5 individual impartial shareholder proposals opposed by Apple were being turned down, which includes the AI report.

Watch: What can reignite Apple shares?

What can reignite Apple shares?



Supply

Generative AI’s hype has yet to lead to a must-have gadget for the holiday season
Technology

Generative AI’s hype has yet to lead to a must-have gadget for the holiday season

Ray-Ban Meta smart glasses Meta Shoppers looking for gadgets and gizmos powered by generative AI technology to gift to their loved ones won’t have many options to choose from this holiday season. Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI’s ChatGPT chatbot in November 2022. Although startups have raised […]

Read More
Reddit targets international users for ad growth, teases bolstered search feature
Technology

Reddit targets international users for ad growth, teases bolstered search feature

Reddit logo on website. Jakub Porzycki | Nurphoto | Getty Images Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it looks to unlock new advertising opportunities, a top company executive told CNBC. In a wide-ranging interview, Jen Wong, chief operating officer […]

Read More
OpenAI gets new .5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
Technology

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

Sam Altman, chief executive officer of OpenAI, during an event in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images OpenAI is allowing employees to sell roughly $1.5 billion worth of shares in a new tender offer to SoftBank, CNBC has learned. The new financing will allow the Japanese […]

Read More