During today's earnings call covering the fourth fiscal quarter of 2023, Apple executives held a Q&A session with analysts and investors. Apple CEO Tim Cook was questioned about how Apple might be able to monetize generative AI, which he of course declined to comment on, but he said that Apple is "investing quite a bit" in AI and that there are going to be product advancements that involve generative AI.
Cook said that Apple is planning to be "responsible" when it delves into generative AI technology, and he suggested that features will roll out over time. Current rumors suggest that Apple's is planning
some major AI updates for 2024, some of which could use generative AI.
Reports suggest that Apple
is spending billions on generative AI research and product development.
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Apple CEO Tim Cook on Generative AI: 'We're Investing Quite a Bit'