Posted 3/1/2024, 9:00:00 AM
Apple Lagging in AI Race, Concerning Some Investors
- Apple moving slower than Big Tech peers like Google & Microsoft in developing AI products, concerning some investors
- Investors eagerly watching if/when Apple will go all in on generative AI tech
- Apple CEO Tim Cook reassuring shareholders of company's AI innovation and plans to disclose more later this year
- While AI is hot topic, some say market narrative-driven; Apple may just need an "AI story"
- Shareholders vote down proposed AI ethics/transparency report at annual meeting