Apple’s Generative AI Lags Behind Competitors

According to analyst Ming-Chi Kuo, Apple’s generative AI technology is significantly behind its competitors. The company is unlikely to discuss AI much during its upcoming earnings call due to the lack of progress in this area. There are no indications of Apple launching AI services or products in 2024, which may not immediately impact its stock price or supply chain.

Apple GPT AI Projects

Bloomberg’s Mark Gurman revealed that Apple is working on “Apple GPT” artificial intelligence projects, which could potentially rival OpenAI’s ChatGPT. However, there is no clear strategy yet for creating consumer products. While there might be a significant AI announcement in 2024, there are no concrete plans as of now.

Tim Cook’s Views on AI

During Apple’s previous earnings call, Tim Cook acknowledged that there are various challenges to address with AI. The company takes a deliberate and thoughtful approach to its development. Apple recognizes the significance of AI and plans to integrate it into products thoughtfully.

Conclusion

As of now, Apple’s generative AI technology isn’t expected to make a debut in 2024. While they have projects in the works, the company’s strategy for consumer products remains unclear. AI enthusiasts and investors will have to wait for future announcements to see how Apple’s AI endeavors unfold.