Apple’s upcoming artificial intelligence features will arrive later than anticipated.
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Morgan Stanley raised its price target on the iPhone maker’s shares and designated the stock as a “top pick”.
Meta has discussed integrating its generative AI model into Apple’s iPhones, the Wall Street Journal reported.
Apple will delay launching new AI features in the EU, with the company blaming the Digital Markets Act for the decision.
Apple shares hit their highest level since December as investor sentiment around the iPhone maker continues to improve.
Apple’s developer conference on Monday will show whether it can become a major player in the burgeoning field of AI.