Apple stock adds $71 billion in market value on news of 'Apple GPT' AI

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Apple just added $71 billion in market value on news it's developing an 'Apple GPT' AI

Now, Apple is developing generative AI tools in a bid to catch OpenAI and the massive success it saw with the release of ChatGPT last year, Bloomberg said.

Apple has an entire career page dedicated to recruiting engineers that are experienced in machine learning infrastructure, deep learning and reinforcement learning, and natural language processing and speech technologies,The AI push at Apple has become a major effort in recent months, according to the report, with several teams at the company collaborating on project Ajax.

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