Apple, Google and AI
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Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) are the second- and third-largest companies on the market right now, with valuations of $3.9 trillion and $3.4 trillion, respectively. That means a company would need to be worth $7.3 trillion by 2030 to be worth more than the combined value of these two companies right now.
Strong financials, robust margins, and a healthy upgrade cycle position Apple for sustained growth. Read why I rate AAPL stock a Buy now.
ByteDance released an open-source AI model to compete with Alibaba and DeepSeek. Alibaba stock down. ByteDance's model surpasses others in tests.
Only half of the voluntary commitments on AI made in 2023 made by 16 large AI companies are being followed, a new analysis suggests.
Commentary: The Apple Watch and AirPods can lead the way in Apple's AI comeback — that is, if those Siri reports are true.
Apple Inc. is plotting its artificial intelligence comeback with an ambitious slate of new devices, including robots, a lifelike version of Siri, a smart speaker with a display and home-security cameras.
Although Apple is tight-lipped about the progress of its AI projects, the so-called Apple GPT chatbot is rumored to be more powerful than Open AI’s GPT 3.5 model, according to The Verge.
Taiwan's Foxconn , which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income.
The company launched the Apple Intelligence platform last year in a bid to catch up with rivals. But the initial features haven’t been widely used, and other AI platforms remain more powerful.
Apples iPhone 17 is just weeks from launch, and fresh leaks suggest this may be the companys boldest redesign in years. From a slimmer frame and new AI-driven features to price hikes that could test U.