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Apple believes that AI is the future [Business Insider]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
A report about AI chips coming to next-gen Macs helped boost Apple's stock by $112 billion. Two months ago, Tim Cook was busy marking Apple's bold new vision of the future with the launch of expensive nerd goggles. He might want to reconsider where the company's real future lies. Last week, investors signaled their belief that there is a more important needle-mover in the Cupertino giant's future than the $3,500 Vision Pro headset it launched in February; Apple's stock by $112 billion after news of an AI overhaul to Macs, of all things. A report on Thursday from Bloomberg's Mark Gurman said Apple is working on revamping its entire Mac lineup with a series of new M4 processors that aim to put AI at their center. The positive response to the news shows two key things for Apple. First, expectations are sky-high for its AI strategy. Though Apple has remained mostly silent on its plans for the tech industry's most-discussed technology over the past year, the market expects App
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