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-8.65526095612635E-05 -2.88508698536998E-05 -0.000522200744352394 -0.000316782550993933 -0.00200975159401053 -0.00386601656039939 -0.0151178558033525 -0.017166267562967
Stock impact report

Apple's Secret AI Lab in Zurich Poised to Enhance iPhone Capabilities, Poach Google Staff [Yahoo! Finance]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Yahoo! Finance
This move comes as the company intensifies its efforts to lead in new AI model and product development. Apple, valued at $2.7 trillion, has been expanding its global AI and Machine Learning team by poaching many specialists from Google since hiring John Giannandrea as its top AI executive in 2018. This includes at least 36 experts who have since joined Apple, the Financial Times reports Also Read: Apple Strengthens Supply Chain in China While Growing Presence in Southeast Asia and India In addition to its central AI teams in California and Seattle, Apple has grown its presence in Zurich, Switzerland. This expansion followed the acquisitions of two local AI startups, leading to the creation of the “Vision Lab” in Zurich. The Zurich team has contributed to research on advanced AI models that merge text and visual inputs, which are crucial for products like OpenAI's ChatGPT. Apple has advertised several generative AI positions in Zurich, maintaining a low profile in the area. Show less Read more
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