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Investors look out for Apple’s AI plans after Siri reboot announced
['Dara Kerr']
Guardian Middle East
Investors have worried that Apple is getting left behind when it comes to AI.
To assuage Wall Street’s fears, Apple announced earlier this month that the rebooted version of its voice assistant, Siri, will be powered by Google’s Gemini AI models.
That’s more than the $124.3bn in revenue that the company reported a year ago.
Last quarter, Apple reported a new record for fourth quarter revenue, coming in at $102.5bn.
Investors see the Chinese market as key to Apple’s success.