Apple AI announcement sends shares to record high

Apple AI announcement sends shares to record high


Apple highlighted its brand new Apple Intelligence artificial intelligence platform at an event on Monday after announcing a partnership with OpenAI, the creators of ChatGPT. The market responded by sending Apple shares to a new record high at $200.33.

The stock price rose about 3.7% after Apple’s Worldwide Developers Conference presentation, during which the company revealed a number of updates to its operating systems, but not everyone is buying the Big Tech partnership.

X owner Elon Musk warned that integrating OpenAI into iPhone operating systems is “an unacceptable security violation” and said if the tech giant does integrate OpenAI into its OS, all Apple devices will be banned at Musk’s companies and “visitors will have to check their Apple devices at the door, where they

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