Apple Bans Internal ChatGPT Use: iPhone Maker Exploring In-House AI Solutions?
Portfolio Pulse from Aveek Bhowmik
Apple has banned the use of ChatGPT and other artificial intelligence tools within the company due to concerns over potential user data leakage. The company is also reportedly developing its own similar technology. Apple employees have also been instructed not to use Microsoft-owned GitHub's Copilot, a code-writing automation tool.
May 19, 2023 | 3:32 am
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NEUTRAL IMPACT
Apple bans ChatGPT and other AI tools, potentially developing its own AI solutions.
Apple's decision to ban ChatGPT and other AI tools may not have a direct short-term impact on its stock price. However, the development of in-house AI solutions could potentially lead to long-term benefits for the company.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Apple employees instructed not to use Microsoft-owned GitHub's Copilot, a code-writing automation tool.
Apple's decision to ban the use of Microsoft-owned GitHub's Copilot may have a negative short-term impact on Microsoft's stock price, as it could signal a potential loss of a major client for the Copilot tool.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50