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Apple is testing a new AI tool – Apple GPT


Júl, 21 2023
watermark Economic news

Analysts note that Apple, which previously lagged behind in the race for artificial intelligence, may soon make a powerful leap forward. Following OpenAI and Google, Apple is creating its own large language models and chatbot capable of competing with ChatGPT and Bard. However, Apple still needs to develop a clear strategy for releasing this technology to consumers.


The iPhone manufacturer has developed its own structure for creating large AI-based language models with the help of a foundation known as Ajax, and has also created a chatbot service called Apple GPT. 


Following the news, Apple shares rose 2.3% to a record high of $198.23, recovering from previous losses. Microsoft Corporation, a partner and main supporter of OpenAI, a competitor of Apple, lost about 1% after this news.


Recall that last year Apple was caught off guard with the advent of ChatGPT, Bard and Bing AI from Microsoft. Apple has been introducing AI technologies into its products for a long time, and now it is actively present in the market of generative tools capable of creating essays, images and videos based on text prompts. 


Apple CEO Tim Cook noted that although the technology has potential, there are still a number of problems that need to be solved, and therefore Apple will carefully introduce artificial intelligence into more of its products.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.