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Will Apple's stock price remain above $200 by July 31, 2024?
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Apple Unveils AI Features, Hits Record Highs with ChatGPT-Powered iPhone
Jun 21, 2024, 07:51 AM
Apple has unveiled a suite of AI features aimed at revolutionizing media creation, enhancing Siri, and ensuring data privacy. The announcement, made during the company's annual Worldwide Developers Conference, included the introduction of Apple Intelligence and the first AI-powered iPhone. This new iPhone will integrate ChatGPT, enabling users to perform tasks such as rewriting emails, summarizing messages, and editing photos. The move underscores Apple's commitment to embedding AI into everyday life, with the technology being described as a feature rather than a standalone product. Analysts note that while Apple's AI may not be the most powerful, it signifies the company's strategic push to make AI ubiquitous. Following this announcement, Apple hit record highs.
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