Apple, Meta Held Talks For Potential AI Partnership: WSJ Reports

RTTNews | 809 days ago

(RTTNews) - Apple Inc. has discussed with Meta Platforms about potentially integrating the Facebook parent's generative AI model into Apple Intelligence, the Wall Street Journal reported citing people familiar with the matter.

Apple Intelligence, the tech major's AI system for iPhones and other devices, was introduced at its annual developers conference in early June. At that time, the tech major had announced a partnership with OpenAI, the developer of generative chatbot ChatGPT. As per the deal, an updated version of its voice assistant Siri would be able to tap into ChatGPT and would be capable of hundreds of more tasks.

Apple is also said to be discussing a potential tie-up with search partner Alphabet's Google. In addition, AI startup Anthropic as well as AI search startup Perplexity are also in talks with Apple to bring their respective generative AI to Apple Intelligence.

There are also reports of Apple's plan to discuss partnerships with other AI companies in different regions like China, where ChatGPT, which is backed by tech giant Microsoft, is banned.

Apple, at its annual developers conference, had announced new AI-powered features backed by OpenAI partnership.

Apple then said that Apple Intelligence, the personal intelligence system for iPhone, iPad, and Mac, is deeply integrated into iOS 18, iPadOS 18, and macOS Sequoia. The company is also integrating ChatGPT access into experiences within iOS 18, iPadOS 18, and macOS Sequoia, allowing users to access its expertise as well as its image and document-understanding capabilities without needing to jump between tools.

Apple Intelligence, which is free for users, will be available in beta as part of iOS 18, iPadOS 18, and macOS Sequoia this fall in U.S. English. The company plans to add some features, software platforms, and additional languages over the course of the next year.

Apple Intelligence will be available on iPhone 15 Pro, iPhone 15 Pro Max, and iPad and Mac with M1 and later, with Siri and device language set to U.S. English.

After Elon Musk, the founder and CEO of Tesla and SpaceX, warned Apple against incorporating OpenAI technology into its operating system, the tech major had reportedly said that it is using own AI, and its integration with OpenAI is an optional feature.

Tags: AAPL META

Apple Signs Over $30 Bln Worth Chip Deal With Broadcom To Boost U.S. Manufacturing

Tech major Apple Inc. announced a new multi-year, over $30 billion worth deal with chipmaker Broadcom Inc. to produce more than 15 billion U.S.-made chips, aiming to accelerate manufacturing in the U.S. In the pre-market hours on the Nasdaq, Apple is trading 0.15 percent lower at $310.20, while Broadcom is gaining 0.29 percent, trading at $371.84.

RTTNews | 64 days ago

Apple @ 50: Five Decades Of Reinvention

April 1 marks 50 years of Apple Inc., the tech major whose inventions and innovations in the world of technology have brought a radical change in the lives of people over these years. Apple, which was founded on April 1, 1976 in a small garage by visionary Steve Jobs and others, has now become a tech titan offering consumer electronics, software and online services.

RTTNews | 162 days ago

Apple Adds New Partners, To Invest $400 Mln To Expand US Manufacturing

Apple Inc. announced the addition of new partners to its American Manufacturing Program or AMP, aiming to expand advanced manufacturing and critical component production in America and strengthen the tech major's domestic supply chain. Bosch, Cirrus Logic, TDK, and Qnity Electronics will join AMP, a key part of Apple's $600 billion, four-year commitment to U.S. manufacturing and innovation.

RTTNews | 168 days ago

EU Launches Formal Antitrust Probe Against Meta

The European Commission has launched a formal antitrust probe against Meta Platforms to assess whether its new policy on artificial intelligence providers' access to WhatsApp may breach EU competition rules. The Commission is concerned that such new policy may prevent third party AI providers from offering their services through WhatsApp in the European Economic Area.

RTTNews | 280 days ago

Nvidia Shares Hit After Reports Of Meta In Talks To Buy Google AI Chips

AI chip major Nvidia Corp.'s shares were losing around 3.4% in pre-market activity on the Nasdaq following a report that Meta Platforms Inc., which mainly uses Nvidia graphic processing units or GPUs for its AI needs, is in talks with Google for using its custom AI chips for data centers. On the other hand, shares of Google's owner Alphabet Inc. were gaining around 2.7 percent.

RTTNews | 290 days ago

Apple To Expand Renewable Energy Projects Across Europe

Tech major Apple Inc. has unveiled a significant expansion of its renewable energy projects across Europe to boost energy capacity to match the electricity customers use to power its products. The new solar and wind projects, all enabled by Apple, will add 650 megawatts or MW of renewable energy capacity in various European countries, including Greece, Italy, Latvia, Poland, and Romania.

RTTNews | 332 days ago

Apple Shares Down On $900 Mln Tariff Hit, Despite Strong Q2, Dividend Growth, $100 Bln Buyback

Shares of apple inc. were down around 4 percent in the after-hours trading on Thursday after the tech major said it sees $900 million hit from tariffs in the third quarter, as it shifts U.S. iPhone supply to India from China. This was despite reporting higher profit in its second quarter, above market estimates, with strong growth in revenues. The company also announced higher dividend...

RTTNews | 497 days ago

Meta Hikes Executive Bonuses To 200% Of Salaries, Excluding CEO

Meta Platforms, Inc. announced the approval of a hefty increase in bonuses of its select executive officers under the new executive bonus plan, excluding Chief Executive Officer Mark Zuckerberg. The news comes close on the heels of the tech major's recent announcement of significant growth in its fourth-quarter results and positive outlook, as well as the layoff of 5% of its overall workforce.

RTTNews | 567 days ago

EURUSD	1.16058	GBPUSD	1.35269
USDJPY	153.373	USDCAD	1.38632