Apple continues to invest in AI and home robotics
It's not just EVs that Apple is inferior to. Microsoft has officially overtaken the iPhone maker as the top company, although the company has famously lagged behind its rivals when it comes to advances in AI. the world's most valuable companydue to its early lead in the race to monetize generative AI.
However, despite the weak start, Apple has made a lot of progress in this area, including recently developing an AI model that can understand spoken subtitles.model, common name ReALM (Reference resolution as a language mode) is used to improve Siri, Apple's AI assistant, and helps give the company a competitive advantage over rivals such as: samsung.
Apple is also rumored to be in the early stages of developing a personal AI-enabled robot for use in the home. According to a recent report from Bloomberg, one robot has been programmed to help people by following them around the house. However, since this project is still in its early stages, it is unclear when these devices will be available to the public.
These developments are part of Apple's broader mission to bring generative AI to more products. But Apple needs to do more work to secure its place in the rapidly expanding market, with many investors criticizing the company's slow pace of AI development.