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Apple plays it safe on AI despite Wall Street pressure
Apple plays it safe on AI despite Wall Street pressure
Economy
by  AFP

Apple on Monday remained on its cautious path to embracing generative AI even as rivals race ahead with the technology and Wall Street expresses doubts over its strategy. Wall Street analysts remain divided on Apple's prospects, with the stock down about 17 percent since the start of the year, wiping over $600 billion from its market value and far outshone by its Big Tech rivals.