Tag: AI strategy

Apple Set to Unveil AI Strategy at June 10 Developers Conference
Technology

Apple Set to Unveil AI Strategy at June 10 Developers Conference

[ad_1] Apple Inc. plans to kick off its annual Worldwide Developers Conference on June 10, when the company is expected to unveil its long-anticipated artificial intelligence strategy.  The iPhone maker announced the timing on Tuesday, saying the event will run through June 14. Though Apple didn't say what it plans to unveil — in usual fashion — people familiar with the matter have said that the presentation will focus heavily on AI.  Continuing an approach used since the beginning of the Covid pandemic, the conference will be hosted for free on Apple's website and app for developers. The opening day announcements will take place in-person at the company's campus in Cupertino, California.  Apple is expected to unveil its next major software updates for the iPhone, iPad, Mac, Vision Pr...
Alphabet Needs to Show Path to AI Sales in Race With Microsoft
Technology

Alphabet Needs to Show Path to AI Sales in Race With Microsoft

[ad_1] Alphabet Inc. just got a reminder of how important the perception of having a winning AI strategy is for investors.The Google owner added $87 billion in market value in a single day last week after showing off the capabilities of its Gemini large language model, which it claims can rival OpenAI's ChatGPT. To sustain those gains, tech “The whole business model depends on getting this right,” said Gene Munster, co-founder and managing partner at Deepwater Asset Management, whose firm holds the stock. “If they can nail multi-modal generative AI, that will draw usage to Google, and that increased usage will protect and grow the search business.” Shares of Alphabet rose 0.5% on Thursday.Alphabet has been dogged all year by concerns it has fallen behind Microsoft Corp. in the AI race. ...