Apple Inc., known for its innovation and substantial financial resources totaling $73 billion, is shifting its focus towards artificial intelligence (AI). While projects like the Vision Pro and Apple Car have gained attention, recent reports suggest a significant emphasis on AI.
Transition to AI Innovations:
Ahead of its Worldwide Developers Conference (WWDC) in June, Apple is set to introduce a range of generative AI-based tools. This marks a pivotal moment in Apple’s AI strategy, notably with the upgraded Siri boasting enhanced generative AI capabilities, aiming to revolutionize user interactions.
Expanding AI Horizons:
Apple’s AI efforts extend beyond Siri, with reports indicating the development of an AI-based tool for automating software code lines, akin to Microsoft Corp.’s Copilot. Microsoft’s dominance in the AI sector, propelled by investments in OpenAI, emphasizes the significance of AI in tech innovation.
Venturing into Startup Investments:
Apart from AI ventures, Apple is eyeing promising startups in the tech realm. Notably, a startup dubbed the “eBay for gamers” demonstrates substantial growth potential, attracting investment interest. Similarly, a Boston-based startup addressing online advertising challenges seeks funding through crowdfunding campaigns.
