Apple to Open its AI Models to App Developers

Apple Inc. (NASDAQ:AAPL) is one of the best Dow stocks to invest in.

In one of the recent developments, the company is giving millions of app developers access to its AI models for the first time, aiming to leverage its vast hardware and software ecosystem to stay ahead of competitors.

At its annual developer event, the company introduced a cautious update, unveiling refreshed operating systems and modest new AI tools, rather than making major announcements.

CEO Tim Cook said Apple Inc. (NASDAQ:AAPL) was looking to “harness the power of Apple Intelligence”, an AI-driven software update first introduced last year. Developers began testing the new features on June 9, with a broader rollout expected in the fall. These AI capabilities will only be available on newer iPhone models.

Analysts have been watching to see how Apple Inc. (NASDAQ:AAPL) might monetize AI within its App Store, which earned over $30 billion in 2024, according to Bank of America. One potential route could involve paid AI features within apps, with Apple taking a share as it does with other digital purchases.

Among the updates are real-time AI translations of phone calls and messages processed directly on users’ devices, along with enhancements like letting the “Visual Search” tool interact with on-screen content.

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