What the Apple-OpenAI Deal Means for Four Tech Titans

The deal strengthens OpenAI’s position, raises questions about the startup’s relationship with Microsoft—and is a setback for Google. Read More...

Apple rallies as new AI features promise sales boost

The rally comes as a breather for the stock, that has underperformed versus the benchmark S&P 500 this year, as Apple grapples with weak sales for its premium consumer gadgets. Apple stands to add $180 billion to its market value if the current stock price of $205 holds. At its annual developer event that kicked off on Monday, Apple unveiled an improved Siri virtual assistant that can answer a wider range of queries and accomplish more complicated tasks than earlier, and several AI features across its apps that will be shipped with the latest operating systems for iPhones, iPads and Mac computers.


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