Apple’s New AI Features and iPad Event
Apple AI and iPad event, Stories on X, $285M for Chip Digital Twins, Microsoft's MAI-1, SEC v Robinhood, Tesla x GM, Fei-Fei Li startup + Securitize x Blackrock + more
∆ Tech in the News
"Stories on X" - Elon Musk's X platform is using xAI’s Grok to auto-summarize posts on X blending breaking news and social commentary.
Chip "Digital Twins" - The U.S. is offering $285M for entities to develop virtual models to accelerate semiconductor development & manufacturing.
In-House Model - Microsoft is developing MAI-1, a larger 500B parameter LLM to compete with other top models including OpenAI.
Sheriff SEC - Robinhood received a "Wells notice" that the SEC could sue its’ cryptocurrency business over alleged securities law violations.
Tesla x GM? - Elon Musk is in conversations with "one major automaker" to license full self-driving tech, a report suggests it may be GM.
The Hottest Thing in Tech this Week
Apple’s AI Rumors and Today’s iPad Event
Rumors of upcoming Apple AI tools are rife ahead of today’s Apple iPad 2024 event. The big AI announcements like a Siri upgrade, on-device AI summarization, and an AI app store, aren’t expected until the iOS18 update at June’s WWDC event, but we may yet get some surprises today. Apple and its investors will be hoping so after iPhone sales fell 10.5% in Q1.
iPad Event
The rumor mill suggests today’s event will likely reveal:
A new M4 chip to compete with Microsoft’s new ARM chips;;
A new iPad Pro with an OLED display;
A new keyboard case; and
An Apple Pencil Pro with haptic feedback.
When Apple AI?
Speaking of chips, a MacRumors report today says Apple is building custom AI servers with its M2 Ultra chip and plans to use the M4 chip by late 2025. Also, AppleInsider broke that Apple’s iOS18 will include AI tools to summarize texts and Safari web pages on-device using the Ajax model. Spotlight Search, and Siri are also said to be first in line for AI upgrades.
While Ajax can generate basic offline responses, more advanced replies or summaries could require cloud-based processing. This is where another reliable rumor comes in, suggesting Apple is working with Google to license its Gemini LLM for iPhone to replace the default Google Search.
AppleInsider even suggests Apple and Google could be collaborating on a new App Store for AI apps & experiences. This would certainly be one way for the two companies to head off the growing threat of OpenAI and Microsoft.
“It's better to run the model close to the data rather than moving the data around.”
John Giannandrea, Apple, Senior VP of Machine Learning & AI Strategy.
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Closed Deals:
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Self-learning AVs - UK startup Wayve raised a $1.05B Series C from SoftBank, Nvidia & Microsoft to compete with Tesla and expand globally.
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