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Apple AI announcement sends shares to record high

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Apple highlighted its new Apple Intelligence feature on Monday, sending shares to a record high. Not everybody is sold though, including a concerned Elon Musk.

The stock price rose about 3.7% after Apple’s Worldwide Developers Conference presentation, during which the company revealed a number of updates to its operating systems, but not everyone is buying the Big Tech partnership.

It’s patently absurd that Apple isn’t smart enough to make their own AI, yet is somehow capable of ensuring that OpenAI will protect your security & privacy! Apple has no clue what’s actually going on once they hand your data over to OpenAI. They’re selling you down the river.According to Apple, Apple Intelligence will be integrated into Siri and will additionally allow users to create original images and retrieve relevant information.“This is a moment we’ve been working toward for a long time,” Apple Senior Vice President Craig Federighi said at the event, where he described the technology as “AI for the rest of us.

 

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