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Can Apple Be The Next Big AI Stock?

Apple is making significant investments in artificial intelligence (AI), allocating millions of dollars daily to developing AI models across multiple teams. The tech giant expects these tools to challenge other prominent AI models, including those offered by OpenAI and Google.

According to a recent report from The Information, Apple’s conversational AI unit, known as “Foundational Models,” has around sixteen members, including former Google engineers. Led by John Giannandrea, Apple’s head of AI, the team aims to enhance Siri and explore the potential of AI language models.

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This post originally appeared on 247WallStreet.