Categories: Crypto

Apple Announces Plans to Create Generative AI

Apple plans to create generative artificial intelligence and launch it at the end of 2024. Cointelegraph reports this with reference to the words of the company's CEO Tim Cook.

“We will continue to invest in these and other technologies that will shape the future. Particularly in artificial intelligence, which we devote a huge amount of time and effort to, and we can’t wait to share the details of our ongoing work in this direction,” said the Apple CEO.

They also tried to extract details from Tim Cook regarding the company's plans in the field of artificial intelligence. He responded that the firm had several things they were “incredibly excited about.”

Let us recall that in July 2023, US authorities expressed concern about Apple’s policies regarding blockchain and NFTs.

In October, payment services provider Visa said it plans to invest $100 million in projects developing generative artificial intelligence technologies and applications.

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