Big Tech

Apple Intelligence: the new frontier of AI pushing Apple's share price to an all-time high

About 24 hours after the Apple Intelligence presentation, the stock flies. Technology on iPhone impresses

by our correspondent Biagio Simonetta

Apple CEO, Tim Cook

3' min read

3' min read

CUPERTINO (CALIFORNIA) - It's the day after, the magic day, for Apple. Because some 24 hours after the launch of Apple Intelligence, the Cupertino-based company's stock is soaring to all-time highs, posting a tonic +5% at the open, which puts the company well above the 3 trillion capitalisation mark, to challenge Microsoft for the Wall Street lead.

But how does Apple Intelligence work? And why, at the moment, does it appear to be a technology that can make Apple catch up with everything it has been lagging behind in recent months? Let us proceed in order.

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In fact, Cupertino has launched five new LLMs (large language models), which will interact with Siri textually and vocally, and are dedicated to translations, images, coding and more. However, they are not considered rivals of ChatGPT. Tim Cook's company will start implementing Apple Intelligence by the end of the year. And the functionality will be available for free on iPhone 15 Pro and later versions, and on all M-series Macs and iPads. Cupertino's AI, we imagine, will arrive in Italy no earlier than 2025 (the autumn launch is planned only in American English), and will move along two parallel lines: an on-device AI, therefore extremely profiled on the user and his needs; and a more generalist AI, for which Apple relies on ChatGPT (but not only). In the first case, the possibility of being able to train an artificial intelligence with data that is very personal (such as health, habits, movements) but also absolutely private, seems to be the most compelling challenge. The one that the market is rewarding, and which, when fully exploited, will transform the smartphone into a new, intelligent and more useful device.

Not only ChatGPT

Speaking of which, in a follow-up interview with Craig Federighi, Apple's VP and head of software, it emerged precisely that the choice of ChatGPT is not binding. Federighi explained that the supporting AI will function more or less as a plugin, which users will be able to choose in the future: 'Certainly,' he said, 'people will have their preferences for certain models: maybe someone will look for a model that is great for creative writing, someone else for programming. And so we want to allow users to ultimately bring a model of their choice. That's why we envision integrations with different templates like Google Gemini in the future. That is our direction'.

Un momento dell’incontro post-keynote di ieri, con Craig Federighi, Justine Ezarik e John Giannandrea

Federighi also explained the decision to initially focus on ChatGPT: 'it was dictated by the fact that Apple wanted to start with the best,' he said.

The winning move

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The winning move, beyond how long it will take to get a customised AI (perhaps able to predict whether we will be late for an appointment today), is definitely Private Cloud Compute. Because privacy is absolutely paramount for the Cupertino company's fan-base, and Apple knows this. With Private Cloud Compute, Apple effectively extends the security and privacy of its devices into the cloud, ensuring that users' personal data sent to the PCC is not accessible to anyone other than the user, not even Apple. And it is the first time a technology company has succeeded in setting up such a technology.

L’altra Intelligenza artificiale in Borsa

However, it has to be said that in order for the PCC to work, Apple Silicon chips are needed. And that seems to be the biggest stumbling block at the moment, because Apple Silicon is not everywhere. But the road is marked out.

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