{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/665dda1b3ce6480013459039/6a84bab73c90594060d7d22e?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Will Apple's Cautious AI Strategy Hurt Its Valuation?","description":"<p>Apple has emphasized privacy and on-device intelligence over launching a branded large language model or chatbot. Through 2024, Apple’s AI features relied on the Neural Engine in A series and M series chips, while research and development expense reached about $29.9 billion in fiscal 2023. Microsoft overtook Apple in market value in January 2024 as investors priced in Azure’s AI growth, and Nvidia’s gains reflected demand for AI accelerators. Apple reported about $383.3 billion in fiscal 2023 revenue, including roughly $200.6 billion from iPhone and about $85.2 billion from Services. Developers face trade-offs between on-device and cloud AI, with Apple’s chip roadmap supporting local inference and cloud providers offering larger models. Founders should design hybrid architectures and monitor Apple’s software and hardware events for AI-related updates.</p><p>Learn more on this news by visiting us at: https://greyjournal.net/news/</p><p><br></p><p><br></p>","author_name":"GREY Journal"}