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Apple Expected To Enter AI Race With Ambitions To Overtake The Early Leaders

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Apple’s annual World Wide Developers Conference on Monday is expected to signal the company’s entry into generative artificial intelligence, marking its late arrival to a technical frontier that is predicted to be as transformational as the iPhone.

The highly anticipated showcase of AI built in the iPhone and other Apple goods will be the highlight of an event that normally previews the next generation of software that runs the company’s hardware lineup.

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Apple | AP News Image

Apple Expected To Enter AI Race With Ambitions To Overtake The Early Leaders

And Apple’s next generation of software is expected to include a slew of AI technologies that will help its often-bumbling virtual assistant Siri become smarter, making photographs, music, texting, and potentially even creating emojis on the fly a more productive and fun experience.

Apple, true to its secretive nature, has not revealed any advance information on Monday’s event at its Cupertino, California, headquarters.

However, CEO Tim Cook recently hinted that Apple is about to announce its huge intentions to enter the AI race, which has been powering an industry boom over the last 18 months.

AI craze is the primary reason Nvidia, the dominant maker of the processors that power the technology, has seen its market value skyrocket from $300 billion at the end of 2022 to almost $3 trillion. Nvidia’s remarkable rise allowed it to momentarily surpass Apple as the second most valuable corporation in the United States last week. Microsoft surpassed Apple earlier this year due to its successful drive into artificial intelligence.

However, analysts are increasingly concerned that Apple is lagging in the swiftly expanding AI area, exacerbated by the company’s unusually long sales slump. Both Google and Samsung have previously produced smartphone models with AI technologies as the main draw.

That’s why analysts like Dan Ives of Wedbush Securities see Monday’s conference as a potential springboard that will propel Apple into another strong period of growth. Ives predicts that adding more AI to the iPhone, iPad, and Mac computers will result in an additional $450 billion to $600 billion in market value for Apple.

Ives wrote in a research note that Monday’s meeting “represents the most important event for Apple in over a decade as the pressure to bring a generative AI stack of technology for developers and consumers is front and center.”

apple

Apple | AP News Image

Apple Expected To Enter AI Race With Ambitions To Overtake The Early Leaders

Apple may benefit from AI’s boost, especially for its 13-year-old assistant Siri, whom Forrester Research Dipanjan Chatterjee now refers to as an “oddly unhelpful helper.”

Meanwhile, OpenAI’s ChatGPT is becoming more conversational — to the point that it was recently accused of purposefully mimicking a piece of AI software spoken by Scarlett Johansson — while Google last month previewed Astra, an AI “agent” that can appear to perceive and recall things.

Aside from leveraging AI to improve Siri, Apple may collaborate with OpenAI to bring some aspects of ChatGPT to the iPhone, according to various unsubstantiated stories leading up to Monday’s presentation.

This will be the second year in a row that Apple has caused a stir at its developers conference by using it to announce its entry into a popular form of technology in which other businesses have already made inroads.

Last year, Apple gave an early look at its mixed-reality headset, the Vision Pro. It was not introduced until early this year and cost $3,500, a big hurdle to gaining acceptance. Nonetheless, Apple’s drive toward mixed reality, which it calls “spatial computing,” has fueled optimism that what is now a niche technology would grow into a massive market.

Part of the optimism originates from Apple’s history of introducing technology later than competitors and then leveraging beautiful designs and services, paired with slick marketing campaigns, to overcome its late start in launching new trends.

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Apple | AP News Image

Apple Expected To Enter AI Race With Ambitions To Overtake The Early Leaders

“Apple’s early reticence toward AI was entirely on brand,” Forrester’s Chatterjee wrote in a preview of the developers conference. “The company has always been famously obsessed with what its offerings did for its customers rather than how it did it.”

Introducing more AI into the iPhone, in particular, is likely to raise privacy concerns—a subject on which Apple has gone to great effort to reassure its dedicated customer base that it can be trusted not to pry too far into their personal lives.

One method Apple may use to convince customers that the iPhone will not be used to spy on them is to use its own chip technology to handle most AI-powered features on the device rather than faraway data centers, commonly referred to as “the cloud.” Taking that approach would also boost Apple’s profit margins because AI technology on the cloud is significantly more expensive than when performed exclusively on a device.

SOURCE – (AP)

Kiara Grace is a staff writer at VORNews, a reputable online publication. Her writing focuses on technology trends, particularly in the realm of consumer electronics and software. With a keen eye for detail and a knack for breaking down complex topics, Kiara delivers insightful analyses that resonate with tech enthusiasts and casual readers alike. Her articles strike a balance between in-depth coverage and accessibility, making them a go-to resource for anyone seeking to stay informed about the latest innovations shaping our digital world.

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Supreme Court, Siding With Starbucks, Makes It Harder For NLRB To Win Court Orders In Labor Disputes

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Starbucks | PixaBay Image

Washington: In a decision sparked by a labor dispute with Starbucks, the Supreme Court on Thursday made it more difficult for the federal government to obtain court orders when it suspected a corporation of meddling in unionization efforts.

The justices raised the bar on when a federal court may require worker jobs to be protected during a union organizing drive.

A higher standard, pushed by Starbucks that must be satisfied in most other disputes over court orders or injunctions, was favored by the court unanimously over a provision that some courts had applied to orders requested by the National Labour Relations Board.

starbucks

Starbucks | PixaBay Image

Supreme Court, Siding With Starbucks, Makes It Harder For NLRB To Win Court Orders In Labor Disputes

The National Labour Relations Act, which controls the agency, has, the NLRB had contended, permitted judges to issue temporary injunctions for over 75 years if they determined that the requests were “just and proper.” According to the agency, the statute was meant to restrict the power of the courts and does not need it to demonstrate any additional elements.

“Consistent federal standards are important in ensuring that employees know their rights and consistent labour practices are upheld no matter where in the country they work and live,” Starbucks stated after the ruling.

However, Lynne Fox, head of the union representing the workers, claimed that Starbucks should have abandoned the lawsuit as part of its more accommodating stance on union organizing initiatives. When their employers disobey the law, working people have very few options for self-defense. That makes today’s Supreme Court decision especially horrible, said Workers United president Fox.

Starbucks fired seven employees in February 2022 for attempting to organize their Tennessee location. The matter moved through the agency’s administrative procedures while the NLRB won a court order requiring the employer to rehire the employees. Two years may pass during such procedures.

starbucks

Starbucks | AP news image

Supreme Court, Siding With Starbucks, Makes It Harder For NLRB To Win Court Orders In Labor Disputes

Starbucks was ordered to rehire the employees in August 2022 by a temporary injunction issued by a district court judge who concurred with the NLRB. Starbucks appealed to the Supreme Court following the upholding of that decision by the 6th U.S. Circuit Court of Appeals.

According to Workers United, the union organizing Starbucks workers, five of the seven workers are still employed at the Memphis store, while the other two continue involved with the organizing campaign. The Memphis store voted to unionize in June 2022.

As the case proceeded, antagonism between Workers United and Starbucks began to dissolve. The two parties declared in February that they would reopen talks to complete contract agreements this year, and they convened their first bargaining session in nearly a year in late April.

starbucks

Starbucks | PixaBay Image

Supreme Court, Siding With Starbucks, Makes It Harder For NLRB To Win Court Orders In Labor Disputes

According to the NLRB, workers at 437 company-owned U.S. Starbucks cafes have voted to unionize since late 2021, but none of those stores has achieved a labor agreement with Starbucks.

Starbucks said it’s pursuing its goal of obtaining finalized contracts for those outlets this year.

SOURCE – (AP)

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Elon Musk Drops Lawsuit Against ChatGPT-Maker OpenAI Without Explanation

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Musk | AP News Image

SAN FRANCISCO — Elon Musk dismissed his lawsuit against OpenAI just before a scheduled hearing on Wednesday.

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Musk | Euro News Image

Elon Musk Drops Lawsuit Against ChatGPT-Maker OpenAI Without Explanation

Musk sued the San Francisco artificial intelligence business and its CEO Sam Altman in February, accusing them of betraying the ChatGPT maker’s basic goals of serving humanity rather than maximising profits.

In the February lawsuit filed in San Francisco Superior Court, billionaire Musk claimed that when he bankrolled OpenAI’s creation, he reached an agreement with Altman and the president, Greg Brockman, to keep the AI company as a nonprofit that would develop technology for the public’s benefit and keep its code open rather than walling it off for private profit.

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Musk | AP News Image

Elon Musk Drops Lawsuit Against ChatGPT-Maker OpenAI Without Explanation

However, Musk claimed in the complaint that by embracing a tight relationship with Microsoft, OpenAI and its top executives “aflame” that pact and are “perverting” the company’s objective.

Most legal experts believe Musk’s accusations, which revolve around allegations of breach of contract, breach of fiduciary duty, and unfair business practices, are unlikely to succeed in court. Musk’s attorney submitted a notice on Tuesday seeking to dismiss the entire case. There was no explanation for why it was being dropped.

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Musk | AP news Image

Elon Musk Drops Lawsuit Against ChatGPT-Maker OpenAI Without Explanation

Musk’s lawyers and OpenAI did not immediately return calls for comment.

SOURCE – (AP)

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American Investor Martin Shkreli Accused Of Copying And Sharing One-Of-A-Kind Wu-Tang Clan Album

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Martin Shkreli | AP News Image

NEW YORK — Martin Shkreli, an American investor, is facing a new lawsuit for allegedly storing and sharing recordings from a unique Wu-Tang Clan album that he was forced to sell after being convicted of securities fraud in 2017.

PleasrDAO, a cryptocurrency collective, filed the case on Monday after paying Shkreli $4.75 million for the only known copy of the album. The record, “Once Upon a Time is Shaolin,” has remained unreleased to the public, serving as a rare contemporary art piece since it was auctioned off by the renowned hip-hop group in 2015.

PleasrDAO accused Shkreli of violating their agreement by retaining digital copies of the album and circulating them extensively among his social media followers in a lawsuit filed in federal court in Brooklyn, New York.

shkreli

Shkreli | AP News Image

American Investor Martin Shkreli Accused Of Copying And Sharing One-Of-A-Kind Wu-Tang Clan Album

They allude to his recent social media posts boasting of distributing the digital recordings to “thousands of people.” According to the lawsuit, Shkreli played bits of the album during a livestream he hosted on X over the weekend, referring to it as a “Wu tang official listening party.”

Shkreli has not responded to a request for comment.

The lawsuit is the latest twist in a unique record created in protest of music’s devaluation in the streaming era but purchased at auction by Shkreli, a man infamous for inflating the price of a life-saving prescription and his “Pharma Bro” reputation.

shkreli

Shkreli | Coin Base Image

American Investor Martin Shkreli Accused Of Copying And Sharing One-Of-A-Kind Wu-Tang Clan Album

Following his conviction on securities fraud charges, Shkreli was compelled to sell the CD, which came in a hand-crafted silver and nickel casing and included a 174-page leather-bound book.

PleasrDAO stated that it purchased both the physical copy of the record and its digital rights in two transactions, in 2021 and 2024. They stated that Shkreli had erased all traces of the album’s files.

“Any dissemination of the Album’s music to the general public greatly diminishes and/or destroys the Album’s value, and significantly damages PleasrDAO’s reputation and ability to commercially exploit the Album,” the complaint claims.

shkreli

Shkreli | SF Gate Image

American Investor Martin Shkreli Accused Of Copying And Sharing One-Of-A-Kind Wu-Tang Clan Album

As of last month, the record was on its way to Australia’s Museum of Old and New Art, which announced that it would begin hosting private listening sessions this week showcasing chosen album tracks.

SOURCE – (AP)

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