Reported about 1 year ago
Apple's second wave of AI technology is set to debut at the upcoming WWDC conference, with analyst Ming-Chi Kuo predicting the release of 7 new AI services including an enhanced Siri and an integration of ChatGPT chatbots. Despite the potential advancements in AI, it may not have a significant impact on revenue in the short term. Investors are keenly watching for Apple's AI services and features at WWDC 2024 to potentially redefine user behavior and drive hardware upgrades. The collaboration with companies like OpenAI could enhance Apple's competitive edge, while the development of in-house large language models is in progress. Overall, Apple's investments in AI are expected to benefit hardware upgrades and service business in the long run but may not yield significant revenue in the near future.
Source: YAHOO