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Apple Set to Unveil AI Initiatives Later This Year

Feb 28, 2024 - pymnts.com
Apple's CEO, Tim Cook, announced at a recent shareholder meeting that the company will soon provide more details about its strategy for using generative artificial intelligence (AI). Cook expressed confidence that significant investments in this field would lead to transformative advancements for users. However, a proposal requiring the company to reveal more details about AI usage and ethical standards was voted down by shareholders.

In other news, Apple has reportedly abandoned its secretive initiative to develop a self-driving electric car, a project that has been in development for over a decade. The engineers previously dedicated to this project will now be reassigned to generative AI efforts within the company’s artificial intelligence division.

Key takeaways:

  • Apple's CEO, Tim Cook, announced that the company will provide more details about its strategy for using generative artificial intelligence (AI) later this year.
  • Apple shareholders voted against a proposal that would have required the company to reveal more details about AI usage and ethical standards.
  • Apple has been slower than some other companies to embrace generative AI, but AI is already embedded in Apple products, such as the Apple Watch’s heart rate alerts.
  • Apple has abandoned its secretive initiative to develop a self-driving electric car, and the engineers previously dedicated to the autonomous car project will be reassigned to generative AI efforts within the company’s artificial intelligence division.
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