Apple's iPhone 16 To Get Turbocharged Siri With Exclusive On-Device AI Features
Portfolio Pulse from Rounak Jain
Apple Inc. is reportedly developing a supercharged AI-powered Siri for the iPhone 16, as it competes with rivals Alphabet Inc. and Microsoft Corp. in the AI race. The new Siri will offer on-device AI features exclusively for the iPhone 16, while older iPhones will only get cloud-based AI features. This development is part of Apple's strategy to capitalize on the surge in AI adoption.
November 10, 2023 | 9:32 am
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NEGATIVE IMPACT
Apple's development of an AI-powered Siri could increase competition for Alphabet in the AI market.
Increased competition from Apple could potentially impact Alphabet's market share and revenues in the AI market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Apple's development of an AI-powered Siri could increase competition for Microsoft in the AI market.
Increased competition from Apple could potentially impact Microsoft's market share and revenues in the AI market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Apple's development of an AI-powered Siri for the iPhone 16 could boost its competitive edge in the AI market.
The development of an AI-powered Siri could make the iPhone 16 more attractive to consumers, potentially boosting Apple's sales and market share in the smartphone market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100