Since 2015, Apple has acquired over two dozen artificial intelligence companies, but their secretive strategy and reluctance to discuss their AI plans has led to concerns that they are lagging behind competitors in the field. Read The Full Article
Key Points
1. Apple has acquired more than 24 AI companies since 2015, including Emotient, Laserlike, Drive.ai, AI.Music, and WaveOne.
2. While rivals are focused on building standalone generative AI models, Apple is prioritizing machine learning infrastructure.
3. Analysts believe that Apple is on the verge of introducing an AI App Store, which could be a significant revenue source for the company
Key Insight
Apple’s secretive approach to AI may give the impression that they are behind their competitors, but analysts believe that they are on the cusp of major AI developments and anticipate the launch of an AI App Store.
Why This Matters
As artificial intelligence becomes increasingly important in various industries, Apple’s secretive strategy raises concerns about their ability to keep up with rivals. The potential introduction of an AI App Store could signify a major shift for the company and have significant implications for developers and consumers.
Notable Quote
“We believe they are on the cusp of what will be the introduction of an AI App Store over the next year.” – Daniel Ives, analyst.
Image Descripion: A group of people using smartphones and interacting with virtual assistants, representing the growing influence of artificial intelligence in daily life
