Apple unveils long-awaited Siri AI overhaul at developers conference; stock dips nearly 2%
By
John Ruwitch
A baker's-dozen of insight crammed into one ring.
Summary
Apple announced a major AI update to Siri and its operating systems at its annual developers' conference, aiming to more deeply integrate artificial intelligence. Despite the announcement, Apple's share price fell nearly 2%. The Siri overhaul comes after repeated delays, and analysts say consumer reception remains uncertain until the features launch later this year. Apple also highlighted security, child safety, and critiqued AI competitors during the event.
Key quotes
· 3 pulledApple took a leap into the AI era on Monday, announcing a long-awaited update to its digital assistant Siri
The company's share price fell close to 2% after the news, though.
While analysts say the changes have potential, whether or not they are a hit with consumers will have to wait to be seen once they are made available to the public later this year.
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