Apple Accelerates AI Ambitions Challenging OpenAI’s ChatGPT

Rupam Roy
January 24, 2024
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Solana Co-founder Reacts As Apple's M Chip Vulnerability Threatens Crypto Security

In a strategic move towards the future, Apple is silently ramping up its artificial intelligence (AI) endeavors, aiming to reshape the capabilities of its upcoming iPhones. Through a series of acquisitions, key hirings, and hardware updates, the tech behemoth is poised to challenge the forefront of AI innovation.

Notably, this shift not only marks a departure from Apple’s traditionally secretive stance but also sets the stage for a potential clash with OpenAI’s ChatGPT.

Advertisement
Advertisement

Apple’s Stealthy AI Leap

Behind the scenes, Apple has been diligently advancing its AI capabilities, with a pronounced focus on the intricate challenge of running AI on mobile devices, particularly iPhones. A recent report by Financial Times (FT), which cited PitchBook’s research, reveals that Apple has outpaced its big tech rivals, acquiring 21 AI startups since 2017. Notably, the recent addition to this lineup is WaveOne, a California-based startup specializing in AI-powered video compression, acquired by Apple in early 2023.

Meanwhile, the report, amid a growing competitive scenario in the AI space, has triggered curiosity among global tech enthusiasts. Notably, a flurry of companies have shifted their focus towards the artificial intelligence (AI) realm, given the growing demand and popularity of the sector.

However, according to Daniel Ives from Wedbush Securities, Apple is poised for substantial mergers and acquisitions in AI. Ives notes an ongoing AI arms race, stating that Apple won’t stay on the sidelines. On the other hand, a research note from Morgan Stanley reveals a shift in Apple’s hiring focus, with nearly half of AI job postings emphasizing “Deep Learning,” aligning with algorithms powering generative AI like OpenAI’s ChatGPT.

Also Read: Celsius Shifts $40 Mln Ethereum To Coinbase Amid ETH Price Dip To $2,200

Advertisement
Advertisement

Vision Towards Generative AI

While tech rivals like Microsoft, Google, and Amazon boast multibillion-dollar investments in AI, the iPhone maker has been discreet about its plans, according to the report. However, insiders suggest that the company is actively working on developing its own large language models, akin to OpenAI’s ChatGPT.

Notably, Tim Cook, Apple’s CEO, emphasized responsible investment and innovation in AI technologies during a summer analyst briefing, hinting at the company’s comprehensive research across a spectrum of AI advancements.

Meanwhile, Apple’s ultimate goal revolves around deploying generative AI through its mobile devices, a strategic move that would enable AI chatbots and applications to operate directly on the phone’s hardware and software. This shift from cloud-powered services to on-device processing reflects Apple’s commitment to innovation and aligns with the growing trend of AI decentralization.

In addition, industry insiders disclose Apple’s venture into large language models, the foundation of generative AI products such as OpenAI’s ChatGPT. Anticipated by experts, this move positions Apple as a potential competitor to OpenAI’s ChatGPT.

As Apple ventures into this uncharted territory, the tech industry braces for a paradigm shift in mobile AI capabilities, setting the stage for intense competition and groundbreaking developments.

Also Read: Investment Community “Underestimating Bitcoin”, Ark Buys ARKB Units

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.