Sat, April 27, 2024 at 00:52
Hey Annie!
Guess what?
Apple's back in talks with OpenAI to use their generative AI tech for the iPhone.๐ฑ
Really?
That's interesting.
What's the reason behind this move?๐ค
Well, Apple is trying to generate more revenue from AI and focus more on developing its artificial intelligence sphere.
They're planning to use OpenAI's technology in their upcoming iPhone operating system, iOS 18!๐ฎ
Wow!
That sounds like a big leap.
But weren't they in talks with Google's Gemini chatbot earlier?๐ง
You're right!
They were considering licensing Google's Gemini chatbot for additional iPhone functionalities.
But it seems like they haven't decided yet.
They might even go with a different supplier or strike a deal with both OpenAI and Google.๐คทโโ๏ธ
Hmm, that sounds complicated.
But why is Apple shifting its focus to AI now?๐คจ
Great question, Annie!
Apple recently decided to leave the electric vehicle business and it seems like they're shifting their attention to AI products.
It's all about making money from artificial intelligence services.๐ฐ
I see...
So, it's all about the money then.
But how is the AI market doing overall?๐
Oh, it's booming!
The global AI market is expected to grow at a compound annual growth rate (CAGR) of 37.3% between 2023 and 2030.
China is expected to benefit the most from AI, with a projected GDP growth of 26% by 2030.
North America isn't far behind with a 14.5% growth.๐
Wow, those are impressive numbers!
So, is this news good or bad for the market?๐ค
Well, it's definitely good news!
Apple's move just confirms the growing importance of AI in the tech industry.
Plus, it could lead to some really cool new features for iPhone users.๐
To sum up, this article is considered a ๐Bullish for investors!!