Tesla Ex-AI Chief Andrej Karpathy 'Really Liked' WWDC 2024 Announcements But Grok-Investor Pierre Ferragu Skeptical On Execution: 'Can Apple Make It Work?'
Portfolio Pulse from Ananya Gairola
Apple Inc. (NASDAQ:AAPL) unveiled its generative AI initiatives at WWDC 2024, introducing 'Apple Intelligence' to iPhones and iPads. While former Tesla AI Chief Andrej Karpathy praised the announcement, analyst Pierre Ferragu expressed skepticism about Apple's ability to execute the vision. Apple also announced a partnership with OpenAI to integrate ChatGPT into its operating systems.
June 12, 2024 | 6:18 am
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Apple's WWDC 2024 introduced 'Apple Intelligence' with new AI features for iPhones and iPads. While praised by former Tesla AI Chief Andrej Karpathy, analyst Pierre Ferragu raised concerns about execution. Apple also announced a partnership with OpenAI to integrate ChatGPT into its operating systems.
The introduction of 'Apple Intelligence' and the partnership with OpenAI are significant steps in Apple's AI strategy, which could positively impact its stock price. However, concerns about execution may temper short-term gains.
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