Sunday, October 22, 2023

Sources: Apple was caught off guard by the generative AI fever and is on course to spend ~$1B/year to deploy the tech across iOS 18, Siri, Music, and other apps (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Sources: Apple was caught off guard by the generative AI fever and is on course to spend ~$1B/year to deploy the tech across iOS 18, Siri, Music, and other apps  —  But the company is now preparing its response and plans to develop features for its full range of devices.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...