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Analysis: Does Apple's talent grab signal its commitment to the AI iPhone? [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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The FT reported this week (30 March) that Apple has been involved in the hiring of at least 36 AI specialist Google employees since 2018, in addition to opening a low-key research laboratory in Zurich to consolidate its global AI expertise. Apple has long been viewed as the least proactive among its Big Tech peers on AI development. This may be partly perception due to the massive public investments by competitors including Microsoft's $10bn investment in OpenAI and Google's $2bn and Amazon's $4bn investment in Anthropic AI. However, according to M&A trend data from GlobalData, Apple has largely kept pace with its competitors on AI deal count from 2019. The reporting of Apple's talent grab by the FT , alongside its considerable AI investments – albeit low-key – may signal the company's long-awaited public commitment to AI, amid speculation around an on-device AI iPhone. Although it could be argued that Apple is joining the AI battle a bit late , the company is no stranger to com
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