• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Tech

Apple, caught by surprise in generative AI boom, to spend $1 billion per year to catch up: Report

by
October 24, 2023
in Tech
0
Apple, caught by surprise in generative AI boom, to spend  billion per year to catch up: Report
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Apple CEO Tim Cook takes a dip in the crowd after the presentation of the new iPhone 15. 

Christoph Dernbach | Picture Alliance | Getty Images

Apple is on track to spend $1 billion per year on developing its generative artificial intelligence products, Bloomberg reported.

The spending comes as the company plays catch-up to some competitors who have already debuted new AI products and features, such as Google, Microsoft and Amazon, according to the report Sunday.

Apple uses AI in its products but hasn’t launched a generative AI product along the lines of OpenAI’s ChatGPT or Google Bard. Instead, Apple’s AI is used for things like improving photos and autocorrecting text.

So far, Apple has built its own large language model, or LLM, framework, known as Ajax, as well as a rumored chatbot, known internally as Apple GPT, Bloomberg said. Neither has been incorporated into its products yet.

The company is reportedly looking to integrate AI into Siri, Messages and Apple Music. For the latter, Apple would use AI to create auto-generated playlists like Spotify does via its partnership with OpenAI. The company is also exploring using AI in Xcode to assist app developers, according to the report.

The Apple executives leading the AI initiatives are John Giannandrea, SVP of machine learning and AI strategy; Craig Federighi, SVP of software engineering; and Eddy Cue, head of services, Bloomberg reported.

An Apple spokesperson wasn’t immediately available for comment.

Don’t miss these CNBC PRO stories:

Tags: Alphabet Class CAlphabet IncAmazon.com IncAppleApple IncArtificial intelligencebillionboomBreaking News: Technologybusiness newscatchCaughtEntertainmentgenerativeGenerative AIMicrosoft CorpreportSpendSurpriseTechnologyYear
Previous Post

Real Reason Behind Ethereum Founder’s Massive ETH ‘Sales’ Exposed

Next Post

‘Honest Mistake,’ Says U.S. Politician Arrested on Gun Charge in Hong Kong

Next Post
‘Honest Mistake,’ Says U.S. Politician Arrested on Gun Charge in Hong Kong

‘Honest Mistake,’ Says U.S. Politician Arrested on Gun Charge in Hong Kong

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

July 18, 2023
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

March 23, 2025
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

March 23, 2025
Why startups and tech giants are racing to build a practical quantum computer

Why startups and tech giants are racing to build a practical quantum computer

March 23, 2025
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Google parent Alphabet shares surge 6%, hit record after Berkshire Hathaway makes rare tech bet with .9 billion stake

Google parent Alphabet shares surge 6%, hit record after Berkshire Hathaway makes rare tech bet with $4.9 billion stake

November 17, 2025
Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash

Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash

November 17, 2025
Trump administration ditches Biden plan to compensate travelers for airline delays

Trump administration ditches Biden plan to compensate travelers for airline delays

November 17, 2025
Video: Trump Calls on House Republicans to Release the Epstein Files

Video: Trump Calls on House Republicans to Release the Epstein Files

November 17, 2025

Recent News

Google parent Alphabet shares surge 6%, hit record after Berkshire Hathaway makes rare tech bet with .9 billion stake

Google parent Alphabet shares surge 6%, hit record after Berkshire Hathaway makes rare tech bet with $4.9 billion stake

November 17, 2025
Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash

Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash

November 17, 2025
Trump administration ditches Biden plan to compensate travelers for airline delays

Trump administration ditches Biden plan to compensate travelers for airline delays

November 17, 2025
Video: Trump Calls on House Republicans to Release the Epstein Files

Video: Trump Calls on House Republicans to Release the Epstein Files

November 17, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Google parent Alphabet shares surge 6%, hit record after Berkshire Hathaway makes rare tech bet with .9 billion stake

Google parent Alphabet shares surge 6%, hit record after Berkshire Hathaway makes rare tech bet with $4.9 billion stake

November 17, 2025
Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash

Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash

November 17, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.