Apple scores big victory with 'F1,' but AI is still a major problem in Cupertino
236d ago
Business
CNBC
Apple celebrated a win with its 'F1' announcement, marking a significant achievement for the company. However, the positive momentum was tempered by Wall Street's less enthusiastic response to Apple's AI initiatives presented at WWDC. Investors appear concerned about the company's progress in AI compared to competitors, suggesting potential challenges ahead for Apple in this crucial technological domain. The mixed reaction highlights the pressure on Apple to demonstrate its AI capabilities and reassure stakeholders about its long-term strategy in this area.