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In response to rapid AI advancements, Apple is set to plough $1 billion annually into the development of competing solutions. Executives at Apple have reportedly expressed concerns about falling behind competitors, particularly in the wake of innovations driven by AI models like GPT. CEO Tim Cook confirmed Apple’s commitment to generative AI in a recent... Read more » The post Apple will plough $1B annually into AI after being ‘caught off guard’ appeared first on Developer Tech News.