Tech

Amidst a difficult earnings report, Apple intends to repurchase a record $110 billion worth of shares.

AI is the focus of attention.

Cook also hinted that, although Apple is now lagging behind competition, generative-AI tools may soon be included in Apple products.

He stated, “We believe we have advantages that set us apart in that space and see generative AI as a key opportunity across our products.”

It’s widely anticipated that Apple will unveil AI-powered tools during its yearly Worldwide Developers Conference in June. It is apparently in discussions to power an iPhone chatbot with Open AI, the company that makes Chat GPT.

Amidst a difficult earnings report, Apple intends to repurchase a record $110 billion worth of shares.

Amidst a difficult earnings report, Apple intends to repurchase a record $110 billion worth of shares.

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