CNBC September 5, 2024
Key Points
– Apple is set to debut its first lineup of AI-ready iPhones on Monday.
– Companies like Microsoft, Samsung and Google have tried to sell artificial intelligence hardware, but with little success so far.
– Apple will have to convince customers to pay up for new hardware to show Wall Street that an iPhone upgrade cycle is underway.
In late 2022, OpenAI’s launch of ChatGPT spurred an explosion of interest in the possibilities for artificial intelligence.
Within months, some of the biggest tech companies in the world, including Microsoft, Meta and Google, joined the party, launching their own AI chatbots and generative AI tools. By the end of 2023, Nvidia proved it was the only company in the...
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