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Is Apple too late to the AI game? 🤔
Apple's AI future, Intel's AI chips, AI bigs calls for whistleblower protection,
Everyday AI
June 04, 2024
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Sup y’all!
Today, we went all in on Apple and what they’re going to be showing us with their AI announcements next week.
Wondering what your thoughts are on where Apple’s at in terms of its GenAI strategy and rollout?
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What are your thoughts on Apple's GenAI strategy? (vote to see live results!) |
Outsmart The Future
Today in Everyday AI
7 minute read
🎙 Daily Podcast Episode: Can Apple’s AI partnership with OpenAI help catch up to Microsoft’s AI and other competitors? Or is Apple a little too late? Give it a listen.
🕵️♂️ Fresh Finds: Meta’s AI Scientist and Elon Musk drama, NVIDIA stocks soar and Zoom’s CEO speaks on AI clones in meetings. Read on for Fresh Finds.
🗞 Byte Sized Daily AI News: Intel’s new AI chips, AI big shots call for whistleblower protection and Musk shifts NVIDIA chips for Tesla to xAI. For that and more, read on for Byte Sized News.
🚀 AI In 5: Is this AI website builder actually good at building a custom website? We’re giving you our honest take. See it here
🧠 Learn & Leveraging AI: Will Apple be able to catch up in the AI world? We don’t think so. We break down why. Keep reading for that!
↩️ Don’t miss out: Did you miss our last newsletter? We talked about NVIDIA's slew of AI updates, Microsoft Recall feature has security concerns, Eleven Labs text-to-sound overview. Check it here!
Apple's AI - Too little, too late? 🤔
Here's a lil secret.
Apple's behind Microsoft. Like way behind.
But, all reports are pointing to Apple announcing a HUGE partnership with OpenAI next week.
Can OpenAI save Apple's AI future and help it compete with Microsoft? Or is it too little, too late?
We give you our hot take for #HotTakeTuesday.
Join the conversation and ask Jordan questions on Apple’s AI here.
Also on the pod today:
• Current State of AI in Apple 🍎
• Comparison of Apple with Its Competitors 🆚
• Apple's Financial Situation and Market Position 💰
It’ll be worth your 38 minutes:
Listen on our site:
Click to listen
Subscribe and listen on your favorite podcast platform
Listen on:
Here’s our favorite AI finds from across the web:
New AI Tool Spotlight – Potis.ai is a hiring copilot that tests skills, Fliz turns any URL into a video, and Rimo is an AI article generation tool.
Trending in AI – Meta’s Chief AI Scientist is calling out Elon Musk for spreading ‘false conspiracies’ around scientists and news organizations.
Big Tech - Microsoft and Hitachi are agreeing on a multibillion-dollar AI partnership.
Money in AI – NVIDIA’s stocks have soared more than 3% after the announcement of its new AI chips.
AI in Politics – Microsoft is taking steps to resolve the EU’s concerns with Teams.
Future of Work – Zoom’s CEO spoke on the possibility of having AI clones in meetings.
AI Tech – Raspberry Pi is teaming up with Hailo to bring AI microcomputers.
1. Intel Unveils New AI Chips to Rival Nvidia and AMD 💻
Intel has announced the launch of the Xeon 6 processor during the Computex tech conference in Taiwan, targeting high-intensity data center workloads with improved performance and power efficiency. Not stopping there, Intel revealed that their Gaudi 2 and Gaudi 3 AI accelerators come at lower prices compared to competitor chips, aiming to attract customers seeking cost-effective AI solutions.
The upcoming Lunar Lake processors, expected to ship in the third quarter, will intensify the competition in the AI PC market, setting the stage for an exciting showdown in the tech industry.
2. AI Big Shots Sound Alarm on Whistleblower Protections 🚨
Thirteen former and current employees of top AI companies like OpenAI, Anthropic, and DeepMind have initiated the "Right to Warn AI" petition. This movement aims to establish better protections for whistleblowers within AI companies, allowing employees to voice concerns about the risks associated with advancing AI technologies.
The petition proposes four key principles, including the elimination of non-disparagement agreements and the establishment of anonymous reporting channels to foster a transparent environment for addressing AI risks.
3. Elon Musk ships NVIDIA AI chips reserved for Tesla to X and xAI 😲
Elon Musk’s decision to redirect NVIDIA’s AI processors from Tesla to xAI has not only raised eyebrows but also concerns among shareholders. coThe move, as revealed in NVIDIA emails, has potentially delayed Tesla’s projects, leading to questions about Musk’s focus and priorities.
With conflicts of interest surfacing and the tech industry buzzing, the showdown between Tesla and xAI ventures promises to be a high-stakes tech drama.
We’ve already given you some of our takes on all things Elon and AI.
4. Microsoft Makes Cuts in Azure, Mixed Reality and More ✂️
Microsoft announced layoffs affecting around 1,000 employees, with the mixed reality department working on HoloLens 2 and Azure for Operators facing significant cuts. Despite the workforce adjustments, Microsoft remains steadfast in supporting the Department of Defense's IVAS program and investing in the mixed reality hardware ecosystem.
These changes come following previous layoffs and strategic shifts within the company, including the recent acquisition of Activision-Blizzard and a focus on "AI PCs" powered by Qualcomm chips.
5. SAP Unveils Business AI Collaborations with Tech Giants 🤝
SAP is revolutionizing the business world with cutting-edge AI innovations in collaboration with giants like Google Cloud, Meta, Microsoft, and NVIDIA. The infusion of business AI across SAP's enterprise solutions will empower users with rich insights, predictive capabilities, and enhanced decision-making tools.
By broadening partnerships and embracing responsible AI principles, SAP is paving the way for businesses to thrive in today's fast-paced digital landscape.
6. Canadian AI Startup Cohere Raises $450 Million in Funding 🚀
Canadian AI startup Cohere has secured $450 million in funding from a mix of returning and new investors, including Nvidia and Salesforce Ventures.
The company's valuation has now reached $5 billion, marking a significant increase from its previous valuation of $2.2 billion. Cohere specializes in generative AI, focusing on data privacy and revenue growth, positioning itself as a key player in the competitive AI landscape.
Is this AI website builder ACTUALLY good?
We’re diving into Wegic, an AI website builder, to see its capabilities and test its real-time editing features.
From potential frustrations with its speed to the ease of adding elements, we give you the raw, unfiltered truth.
Is it your next best friend? Or another tool with too much AI and not enough tool?
Check out today's AI in 5.
Or see this related video:
🦾How You Can Leverage:
As Apple and AI fans, this one’s hard for us to admit.
Apple’s failed miserably when it comes to Generative AI.
And their upcoming announcement Monday at WWDC might be too little, too late.
For #HotTakeTuesday we brought out the flamethrower and (kinda) torched Apple’s failed GenAI rollout.
Why?
They’ve kinda ignored Generative AI.
And although they’re gonna see a boom in the coming weeks and months after they announce Generative AI features next week, we think it’s gonna be only a slight blip in the long run.
When it comes to GenAI, Apple is not only kinda playing a lose-lose game, but their announcement next week might be too little, too late.
Let’s get spicy 🔥
1 – OpenAI partnership: sign of failure? 🧑🎨️
Personally, we think this is the right choice.
But if Apple ultimately reveals a partnership with OpenAI on Monday as expected, it’s a massive L for Apple.
Nearly a year ago, reports showed Apple was spending ‘millions’ a day on developing its own large language model, codenamed Ajax.
And Apple released finings of its MM1 model back in March, we thought Apple might have what it takes to bring their own model to the big show.
Nope.
Instead, the most cash-rich company (like… ever) failed to bring its own model to market and now must rely on a startup AND make its competitors richer.
What it means:
Given that its own model (apparently) wasn’t ready for the big time, Apple had no other choice but to partner with OpenAI. (We said as much months ago.)
There was reporting that Apple was courting Google and Anthropic for the task, which would have ended in disaster.
(Real talk — OpenAI is the only model that’s ready for the big time. #SorryNotSorry)
What makes this worse?
The reported billion-plus deal between Apple and OpenAI just makes Apple’s competitor richer.
Microsoft reportedly has a 49% stake in OpenAI. So with this move, Apple is kinda just throwing free money at its biggest competitor in Microsoft.
Yikes.
2 – Apple has lost its innovation edge 🎯
When was the last time we truly saw an innovative product from Apple?
It’s been a while. Like. A loooooong while.
Usually, Apple finds the right combination of being second in a space, but much better.
Examples:
The iPhone was not the first touchscreen phone. Or the first portable music device. Or the first tablet. Or the first XR headset (that we knew would flop.)
It was just better.
But in the case of the iPhone, iPod, iPad, Apple Watch and others, Apple didn’t drag their feet. Sure, they weren’t first. But they weren’t last. They still struck while the market was hot.
What it means:
Our take — we shoulda seen this announcement from Apple in 2023. Yeah, Apple’s always the cool kid that shows up late to the party.
But, metaphorically speaking, the ‘Welcome to AI’ party is over.
Case in point — Microsoft last month released some impressive updates to its AI Copilot tech, which they announced in March 2023.
Apple is a whole cycle and a half behind its AI-first competitors.
3 – Their upcoming surge will be short-lived 🧍
Don’t get us wrong — these new, AI-powered Apple iPhones are gonna sell like hotcakes.
(We’re big pancake fans, BTW. Anyone else?)
We’re not saying the next generation of Apple is gonna flop. (We already called that with the Apple Vision Pro.)
Actually, the next iPhone may be Apple’s best selling iPhone in years due to edge AI capabilities.
But we see this being short-lived.
Unless Apple has some sort of trick up its sleeve that no one has reported on, we honestly think Apple will see only a short-ish bump in its stock.
What it means:
Let’s be honest — we’re not market analysts. (Although we DID stay at a Holiday Inn Express once and totally told y’all a year ago that NVIDIA was gonna wipe the floor with everyone.)
But, you can’t argue with the facts.
Google (Alphabet), Microsoft, Meta, Amazon and NVIDIA have all outpaced Apple’s growth over the past year.
Like, they’ve been straight up slapping Apple silly in 1Y growth:
Microsoft: 22% 1Y growth
Alphabet/Google: 38% 1Y growth
Amazon: 42% 1Y growth
Meta: 75% 1Y growth
NVIDIA: 194% 1Y growth
Apple: 7% 1Y growth
Actually, before the OpenAI/Apple rumor was all but confirmed, Apple’s stock was actually DOWN year-over-year.
Want an extra juicy hot take?
We see that before the end of 2024, Apple will lose its place among the Top 2 U.S. companies by market cap and will get gobbled up by NVIDIA. (Could happen within weeks TBH.)
What do you think?
Hit us with a reply and lettuce know!
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Numbers to watch
$160,056
The median salary for AI jobs in the U.S. in April 2024 was $160,056 annually or $76.95 hourly.
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