American tech giant Apple Inc is dipping its feet into AI and has teased its ChatGPT rival dubbed Apple GPT By Godfrey Benjamin 13 seconds ago Updated 13 seconds ago
Tech giant Apple Inc is reportedly expanding its ambitions in the Artificial Intelligence (AI) realm and is working on developing its own chatbot dubbed Apple GPT designed to rival OpenAI’s ChatGPT. This latest endeavor demonstrates Apple’s commitment to advancing the field of Large Language Models (LLMs) and enhancing user experiences.
Apple’s Ajax Framework
As reported by Bloomberg, Apple has invested in building its own framework called “Ajax” to facilitate the creation of large language models. While details about Ajax’s technical specifics remain undisclosed, its development signifies Apple’s ambition to establish a robust infrastructure for natural language processing and AI-driven conversational systems.
As a direct result of the Ajax framework’s development, Apple has internally developed the Apple GPT service according to some engineers. Drawing inspiration from OpenAI’s ChatGPT, Apple GPT leverages the power of large language models to engage in human-like conversations, answer queries, and provide personalized assistance.
While the exact timeline for the public release of Apple GPT remains unknown, it is evident that Apple is investing in the future of language models. According to undisclosed sources, Apple has intensified its AI push, engaging multiple teams to work collectively on the project.
This collaborative approach underscores the importance Apple places on developing advanced AI capabilities that align with its core principles and enhance the user experience. Meanwhile, Apple’s announcement comes only shortly after Tesla’s CEO, Elon Musk announced the launch of his latest Artificial Intelligence-based outfit – XAI.
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Apple Inc’s AI Momentum Boosts Stock
Apple’s foray into the development of its own AI efforts has resulted in a surge in its stock value. Following the report by Bloomberg on Apple’s AI project, the company’s shares rose by as much as 2.3% to reach a new high of $198.23.
In contrast, Microsoft Corporation, a key partner and backer of OpenAI, experienced a slight decline of about 1% upon the news. This reaction in the stock market reflects the market’s confidence in Apple Inc’s AI ambitions and its potential impact on the industry.
Apple’s foray into the generative AI market comes as the company plays catch-up to competitors such as Google’s Bard and Microsoft’s Bing AI that have made significant strides in the field. By leveraging its existing user base, ecosystem integration, and focus on privacy and security, Apple has the potential to deliver unique generative AI experiences that resonate with its customers.
