Tim Cook commented on-device AI as a competitive weapon as Apple unveiled the Watch alongside a foldable iPhone Duo, while also seeking discovery into OpenAI's unreleased device.

The entities involved

• Apple Inc. →

  American multinational technology company based in Cupertino, California

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
• OpenAI →

  American artificial intelligence research organization

  • Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.Mon 17:41
  • Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.Mon 17:41

Related events

• Tim Cook took over as CEO of Apple, leading the company to shift away from Intel chip dependence and expand its services business.Aug 30
• Apple is developing a screenless fitness tracker prototype under the leadership of CEO John Ternus.Sep 22
• Tim Cook warned of extreme memory pricing volatility while also positioning Siri AI as a competitive advantage for Apple.Sep 3
• Apple Inc. is integrating AI features into its products, including Apple Watch and Shortcuts, while continuing to provide digital services.Jun 22
• Meta and Wearable Devices Ltd. are collaborating on the future of wearable AI devices, with Apple also mentioned.Jun 7