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Stockreport

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

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
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. [Read more]
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Stockreport

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

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
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. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS