Nvidia's stock surge, ChatGPT on iPhones, and OpenAI rakes in cash: AI news roundup

Apple finally unveiled its generative artificial intelligence plans at its Worldwide Developers Conference. Perhaps the biggest announcement was its partnership with OpenAI to integrate the latest ChatGPT into its iPhone, iPad, and Mac operating systems. Plus, Apple regained its spot as the world’s most valuable company.
Read about this and other AI news from this week.
Could Apple’s ChatGPT partnership expose it to legal risks?

Apple’s newly announced partnership with the AI chatbot-maker OpenAI will put the latest ChatGPT model on the next iPhones, iPads, and Macs. As OpenAI continues to face legal actions from news outlets and authors, the new deal with Apple raises the question: could Apple be found liable if courts rule that OpenAI violated copyrights?
OpenAI’s revenue is skyrocketing

OpenAI has more than tripled its annualized revenue over the past year, according to The Information.
Apple isn’t even paying OpenAI to put ChatGPT on iPhones, report says

Apple finally unveiled its generative artificial intelligence plans that include a partnership with an industry leader — but it reportedly doesn’t plan to pay for the technology, at least not with money.
Apple, Nvidia, and Microsoft will race to $4 trillion market caps this year, analyst says

Apple, Nvidia, and Microsoft will spend the next year racing to hit $4 trillion market capitalizations, Wedbush analyst Dan Ives said in a research note Wednesday.
Apple just passed Microsoft as the world’s most valuable company thanks to AI

Apple decided it had enough time standing in the shadows. After five long months of trailing behind Microsoft — and even Nvidia, as of last week — Apple has once again reclaimed its spot as the world’s most valuable company.
OpenAI’s French rival Mistral AI is now worth $6 billion. That’s still a fraction of its top competitors

Mistral AI, OpenAI’s French rival that’s also backed by Microsoft, was reportedly seeking to more than double its valuation to $5 billion in April. In May, that goal was upped to $6 billion. Mistral achieved that goal Tuesday, announcing that it raised 600 million euros, or $645 million, in a funding round valuing the company at $6.2 billion.
Vote for me and I’ll let AI call the shots, a candidate for mayor says

Generative artificial intelligence chatbots have proven to not be good at answering questions about the upcoming election — but one mayoral candidate said if he wins his election, he’ll use a chatbot to make all the decisions.
OpenAI exec says Elon Musk is wrong to call Apple’s ChatGPT deal ‘creepy spyware’

After Elon Musk described Apple’s plan to integrate OpenAI’s ChatGPT into iPhones as “creepy spyware,” one of the company’s executives pushed back.
The AI era has workers’ skills becoming less useful, and faster. Here’s what leaders can do

With the rise of generative artificial intelligence in the workplace, the half-life of skills — or the metric that estimates how long, on average, a skill may be useful in someone’s career — is getting lower and lower, an AI expert says.
Apple’s AI strategy is finally here. Now comes the hard part

Apple has been working on generative artificial intelligence for a long time: The company launched its voice assistant Siri in 2011. But it was caught empty-handed when the craze over AI caught fire — its flames fed by consumers, investors, and Big Tech companies scrambling to claim responsibility for the world’s latest and greatest AI technologies.
Apple’s AI plans leave a golden path for Google, analysts say
Tim Cook says Apple’s ChatGPT deal won’t risk your privacy

When asked about the biggest benefits of Apple’s newly announced set of AI tools — aptly named Apple Intelligence — CEO Tim Cook’s answer is simple: privacy.
Apple’s AI strategy is good for Google. Here’s why
Apple’s AI strategy will open doors for rivals rather than close them.
Apple’s AI reveal ‘changes the game,’ analyst says

During Apple’s annual Worldwide Developers Conference (WWDC), the company announced its new AI initiative, Apple Intelligence, which includes a major AI-powered update to Siri and AI tools for a range of Apple apps. And just before the WWDC keynote address wrapped up, Apple finally unveiled that it is partnering with OpenAI to integrate ChatGPT 4-o into its latest iPhone operating system (iOS 18), iPadOS 18, and macOS Sequoia.
Elon Musk says he’ll ban Apple products at his companies if ChatGPT is integrated into iPhones

Apple finally unveiled its generative artificial intelligence plans involving OpenAI and ChatGPT — and not everyone is happy.
Read Apple CEO Tim Cook’s introduction to its new AI system ‘Apple Intelligence’

Apple announced ‘Apple Intelligence,’ its new collection of AI features, during its Worldwide Developers Conference on Monday, and CEO Tim Cook and other executives made clear that Apple’s “personal intelligence” will take on the complex task of ensuring safety and personalization in the competitive AI market.
Apple WWDC: Apple reveals ‘Apple Intelligence’ and ChatGPT for iPhones

Apple’s Worldwide Developers Conference is a chance for Apple executives to pretend they’re rockstars. This year is no different.
Apple is officially putting ChatGPT on iOS 18

Apple left viewers guessing whether it would reveal a major deal with OpenAI for nearly two hours during its Worldwide Developers Conference.
Microsoft’s AI partnership with OpenAI might end up helping Google, cybersecurity leader says

Microsoft may be leading the generative artificial intelligence race with OpenAI by its side, but the partnership might end up helping Google, a cybersecurity leader said.
Nvidia’s stock surge means its employees are worth more than $100 million — each

The generative artificial intelligence boom has propelled chipmaker Nvidia to new highs, including entry to the $3 trillion market cap club. With an employee count just shy of 30,000, each of its employees is now worth over $100 million.
Nvidia’s ‘very unique culture’ makes it ‘very, very fast,’ Arm CEO says

Nvidia already has the successors for its newest artificial intelligence platform lined up — and that speed can be attributed to its “very unique culture,” according to another chip design leader.