Apple (NASDAQ: AAPL)
Apple unveiled exciting updates during its recent Worldwide Developers Conference (WWDC) presentation earlier this week. The iPhone maker is making a push into the artificial intelligence (AI) realm in a bid to catch up with rivals within the same space. Branded as “Apple Intelligence”, AI will now be incorporated into the iPhone’s features, including a partnership with OpenAI’s ChatGPT. This technology can help to summarise text, create original images, and retrieve data from any of the apps within the phone based on a query. Apple’s digital assistant, Siri, will also receive a revamp and users can now type messages rather than just speaking to it. Apple Intelligence features will begin rolling out later this year but users will need to have at least an iPhone 15 Pro or Pro Max to operate them. This requirement could result in one of the largest replacement cycles for old...Welcome to this week’s edition of top stock market highlights.