Apple, after approximately 560 days since the launch of OpenAI’s ChatGPT, has revealed its long-awaited AI strategy, titled “Apple Intelligence.” This marks a significant move for the tech giant in the realm of artificial intelligence, particularly tailored for its latest iPhone 15 Pro and Pro Max smartphones. However, the strategy’s exclusivity to these newer models, constituting just 5% of the iPhone user base, raises questions about consumer adoption.
Keynote Highlights
At the 2024 WWDC, Apple presented its multifaceted AI strategy, meeting speculations and market expectations. It aims to embed AI features in its apps, rivaling Microsoft, Google, and OpenAI. Notable features include text summarization, email suggestions, call transcription, and image generation tools. These seamlessly integrate with Apple’s ecosystem.
Apple’s robust AI strategy showcased at WWDC 2024 fulfills market expectations, rivaling tech giants effectively, according to Barron’s Print Edition.

Mobileye Stock Surge Thrills Investors Despite Unclear Catalysts
Investors in Mobileye, the autonomous driving technology firm, had a reason to celebrate over the weekend…
Emphasis on Privacy and Device Integration
Apple highlighted its dedication to privacy, deploying AI experiences on its devices, bolstering data security at the network’s edge. The company unveiled Private Cloud Compute, a cloud service running on Apple silicon servers, focusing on user privacy. Siri, Apple’s virtual assistant, will undergo a major revamp, offering improved contextual awareness for a seamless user experience. This upgrade aims to enhance user interactions on iPhones, iPads, and Macs.
Collaboration with OpenAI and Device Updates
Apple, in collaboration with OpenAI, integrated ChatGPT into its devices, offering users an enhanced experience sans subscriptions or logins. Updates to iOS 18, iPad OS, and “Sequoia” Mac OS were announced, featuring improved organizational tools and messaging capabilities. The integration marks a significant step in Apple’s AI initiatives, enriching user interaction across its ecosystem. These updates aim to provide seamless device continuity and elevate user experience.
Analyst Reactions and Market Response
Analysts are optimistic about Apple’s AI strategy, foreseeing an iPhone super cycle driven by AI advancements post-keynote. Apple shares saw a slight decline despite this sentiment, in contrast to gains by tech rivals like Microsoft. Vimeo surged as a beneficiary, with shares rising after unveiling a new VR headset editing app. The app is tailored for editing spatial video, sparking investor interest.
In conclusion, Apple’s foray into AI with the “Apple Intelligence” strategy signals a significant step forward for the company, albeit with questions lingering about consumer adoption and market reception.
Get your exclusive 3-year subscription to Bloomberg News and The Wall Street Journal now, with a phenomenal 77% discount. Merge these financial powerhouses for a wealth of insights. Unlock this priceless treasure trove of knowledge today!