Tim Cook says AI, machine learning are part of ‘virtually every product’ Apple is building

cyptouser1 years agoCryptocurrencies News529

Tim Cook says AI, machine learning are part of ‘virtually every product’ Apple is building

In a recent quarterly earnings call on Aug. 3, Apple CEO Tim Cook emphasized the company’s extensive use of artificial intelligence (AI), a technology dramatically reshaping the tech industry.

Cook said during a question-and-answer session:

“If you take a step back, we view AI and machine learning as core fundamental technologies that are integral to virtually every product that we build.”

He noted that Apple announced certain AI-powered consumer features at its Worldwide Developers Conference in June, including a speech generator called Personal Voice and a speech transcription tool called Live Voicemail.

Cook also said Apple has announced other AI-powered features such as fall detection, crash detection, and ECG heart tests, all of which rely on AI and machine learning.

He stated that the company has been researching generative AI and many other areas of AI “for years.”

Cook’s response was prompted by a question from Deutsche Bank analyst Sidney Ho, who noted that Apple discusses AI less than other major tech companies. Cook emphasized that Apple waits to announce products as they arrive on the market but ultimately said AI is “absolutely critical” to the company.

According to separate reports from The Independent, Cook said that the company’s greater focus on AI over the last quarter was one cause of the increased spending on R&D that Apple reported in its latest earnings call.

Apple has other AI products

Apple has launched other AI products in addition to the products mentioned by Cook. The Verge reported in January that Apple had launched AI-powered audiobook narration and said in June that said the company had launched an image-to-text tool called Live Text.

Other reports via Bloomberg in July suggest that the company is working on an AI-powered chatbot, albeit only for internal use.

n the same earnings call, Apple reported revenue of $81.8 billion, with service sales witnessing an 8% rise year-over-year. However, overall sales saw a slight dip, falling 1% year-over-year. This news has impacted the market, with the company’s stock falling 4.51% on Aug. 4.


The content on this website comes from the Internet. Due to the inconvenience of proofreading the authenticity and accuracy of the copyright or content of some content, it may be temporarily impossible to confirm the authenticity and accuracy of the copyright or content. For copyright issues or other issues caused by this, please Call or email this site. It will be deleted or changed immediately after verification.

related articles

SEC adopts proposal for regulating use of AI in markets

The U.S. Securities and Exchange Commission (SEC) has adopted a new set of rules for financial servi...

Space and Time launches Proof-of-SQL for blockchain and AI data verification

Space and Time launches Proof-of-SQL for blockchain and AI data verification

Space and Time, a firm that describes itself as an AI-powered data warehouse, announced the launch o...

Federal judge rules art generated purely by AI cannot be copyrighted

According to a federal judge’s ruling on Aug. 18, art and media generated purely by artificial...

Nvidia shrinks AI image generation method to size of a WhatsApp message

Nvidia shrinks AI image generation method to size of a WhatsApp message

Nvidia researchers have developed a new AI image generation technique that could allow highly custom...

New Google cloud sync feature implicated in $15M crypto heist at Ripple-owned Fortress Trust

Software development company Retool has blamed the hack of crypto custodian Fortress Trust on a rece...

Meta’s Zuckerberg sees metaverse as long-term goal despite $3.7B loss, AI investments ‘paying off’

During the Q2 Earnings Call, Meta CEO Mark Zuckerberg outlined the company’s commitment to its...