Tech Giant Apple Enters Artificial Intelligence Race
In the world of tech, two giants, Apple and Google, have recently found themselves at the centre of significant developments.
Apple is currently experiencing a three percent surge in the NASDAQ 100, a positive trend that follows its recovery from recent setbacks. The recovery can be attributed to a favourable resolution of the antitrust case against Alphabet, Google's parent company. This resolution has resulted in a significant boost to Alphabet's stock price, and it's worth noting that Apple continues to receive substantial funds from Google through licensing agreements.
The resolution of the antitrust case against Alphabet could potentially be beneficial for Apple. The ruling mandates Google to share data with competitors, but it does not involve the sale of the Chrome browser. This decision could slow down Google's progress in AI development, providing an opportunity for Apple to catch up.
Apple has been lagging behind in artificial intelligence, a field where Google's progress is heavily dependent on data. However, the licensing fees from Google can be invested in AI development for Apple. The company has been working on new AI features, but the name of the leading manager dedicated to this project remains undisclosed.
Despite the delays in the release of a new, improved version of Apple's Siri voice assistant, DER AKTIONÄR remains bullish on Apple. This optimism is shared by Mr. Bernd Foertsch, the majority shareholder and CEO of the publisher Boersenmedien AG, who holds direct and indirect positions in Apple.
Meanwhile, Alphabet leads the index with a nine percent gain. Google continues to make substantial payments to Apple, amounting to over $20 billion in recent years. The situation in artificial intelligence is not yet lost for Apple, and it will need to deliver on new AI features to provide value to users.
As the tech landscape continues to evolve, it will be interesting to see how these developments unfold for both Apple and Google.
