Here is some light reading material curated by Chief of Staff Asia to keep you updated over the weekend.
Apple is working on its AI tools that can challenge the tools already available in the market today. However, they keep this under wraps and still have no clear strategy in place yet. The iPhone maker has built its own framework, known as “Ajax”, to create large language models (LLMs) and is also testing a chatbot that some engineers call “Apple GPT”. The AI push has become a major effort for Apple, with several teams collaborating on the project, said the people, who asked not to be identified because the matter is private. The work includes trying to address potential privacy concerns related to the technology.
Generative AI tools such as OpenAI’s ChatGPT have been heralded as pivotal for the world of work, with the potential to increase employees’ productivity by automating tedious tasks and sparking creative solutions to challenging problems. But as the technology is being integrated into human-resources platforms and other workplace tools, it is creating a formidable challenge for corporate America. Big companies such as Apple, Spotify, Verizon, and Samsung have banned or restricted how employees can use generative AI tools on the job, citing concerns that the technology might put sensitive company and customer information in jeopardy.
Microsoft has laid out an aggressive spending plan to meet the demand for its new AI services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. The costs rose as Microsoft built new data centers to support AI and will continue to rise each quarter throughout fiscal 2024, according to Chief Financial Officer Amy Hood on a conference call with analysts.