Apple, Houston and American-made
Digest more
AI, Application software
Digest more
Apple Intelligence took a back seat in the rollout of iOS 26 and the iPhone 17 series, but the AI technology hasn't gone away. The release of Apple's M5 processor for iPad Pro, MacBook Pro and Vision Pro, which makes big improvements to neural processing, points to a future where AI takes more advantage of on-device processing.
John Sculley suggested CEO Tim Cook’s successor should focus less on apps, and more on agentic AI to compete with OpenAI.
Wells Fargo has raised its price target for Apple stock from $245 to $290, on what is believed will be a blockbuster fourth quarter because of the iPhone 17, and prospects for Apple Intelligence in the future.
So, while the ongoing AI bubble demands billions in infrastructure spending, Apple’s approach empowers the endpoints to run local LLMs as required. That’s important because it also opens up opportunity for agentic, focused AI solutions working together to tackle complex projects. (Does anyone remember SETI at home ?)
With expertise in the field scarce, workers in Silicon Valley are pushing themselves to extremes day after day.
Microsoft's Copilot is already helping generate billions in revenue, while Apple is in the midst of enhancing its iPhones with new AI features.
Apple has decided to stop work on a cheaper, lighter version of the $3,499 Vision Pro to instead focus its resources on smart glasses,
OpenAI has acquired Software Applications Incorporated and its AI app, Sky, developed by ex-Apple employees known for the Workflow app. Founders Conrad Kramer and Ari Weinstein created this new venture after leaving Apple,