AI Development & Strategy - Apple's initial lead in AI with the acquisition of Siri in 2011 was quickly surpassed by competitors like Amazon and Google [5][6] - Apple's efforts to rebuild Siri, including hiring Google's AI executive John Giannandrea, have faced setbacks, with projects being scrapped [7] - Apple Intelligence, revealed in June 2024, was considered a disappointment, particularly regarding Siri's AI features, impacting the iPhone 16 launch [10][12][13] - Apple is exploring partnerships with companies like Google, OpenAI, and Anthropic to integrate their foundation models into Siri [17] - Apple's caution regarding data privacy limits its ability to train AI models effectively, despite having access to vast amounts of user data [21][23] Financial Implications & Investment - AI shortcomings have negatively impacted Apple's share price performance compared to other tech giants [14] - Apple's investment in AI is significantly less than competitors like Amazon, Google, Microsoft, and Meta, who are investing billions of dollars [20] - Apple's reluctance to invest large sums without guaranteed returns hinders its progress in the expensive and rapidly evolving field of generative AI [19] - Competitors are aggressively poaching Apple's AI talent with lucrative pay packages, sometimes exceeding $200 million over several years [25] Future Outlook & Competitive Landscape - Apple is developing new products and features, including a rebuilt Siri, to catch up in the AI race, recognizing AI's potential impact [27] - Apple risks being overtaken by competitors if it doesn't make significant acquisitions or partnerships to enhance its AI capabilities [28]

Half of approved cancer drugs don't have proof they extend survival for any of their approved uses. We're spending enormous amounts of money on drugs where we don't really know how much they're actually going to help patients. The primary motive of a pharmaceutical industry is to generate profits for shareholders.There can be pressure to move clinical trials through quickly and approve medicines on perhaps uncertain evidence because there's massive financial forces behind that. If they become sick, it doesn ...

I never dreamed when I signed on to here how big this problem was going to be. Watch out for snakes. They're grumpy.Don't you fall down. You're going to want to see this. You can see it running out of the surface casing right here.Bubbles right there. Nobody can come out here and say this well's not leaking. I figured we'd find two, three, four, five leakers and every time I have stuck a bucket in the ground, there's a ******* problem well.The Permian Basin is the world's biggest shale oil production basin ...

[Music] Diplomacy is really about two things. It's about state relations and then it's about personal relations and connections. And then I think it's my job to try to connect with people and and I and I hope I I hope I succeed sometimes.You know, I when I was with President Xi, I felt we had a very good and respectful conversation. When I was playing golf with President Trump, we had a really good time. What was President Trump like on the golf course.You played for Yeah. Very talkative. You know, golf is ...

True to its name, only Oracle seemed to see this coming. Oracle is having its biggest jump since 1992. What a blowout quarter for the software company.Maybe the stock of the year. And then just days later. TikTok's US operations is said to be acquired by a consortium including Oracle.Oracle shares spike after its named as part of the consortium. What was going on. This was an old-school enterprise tech firm tickling investors in places only a flashy startup normally reaches.Because Oracle basically said tha ...

Where do you see Russia going. Oh, it's not looking good. Putin has repeatedly expressed concern about Moscow's diminished role in the world.The invasion of Ukraine follows other conflicts involving Russia and its neighbors over the years, and efforts to end this war continue. President Stub may be a key player in negotiations. He leads a country that's lived under Russia's threats for centuries.I'm really excited about this new episode and relaunch of leaders. you know, very honest with you, with the curre ...

Is Europe prepared to go to war. >> Well, I mean, our mentality is that the better you prepare, the less likely you're going to end up in in a war. >> Finland has a larger artillery than France and Germany combined.Despite being a small country with a fraction of the German and French population, per capita, Finland ranks seventh in the world in total military personnel number. We have obligatory military service. So 900,000 men and women that have done it.My son just finished his. I did mine in 1988 and 89 ...

Francine Lacqua asks Finland’s President Alexander Stubb why he once said Europeans live in “la la land.” Some Europeans “are not dealing in a world" as it actually exists, he explains. Watch the full episode of Leaders bloom.bg/3VK36KK -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for ...

President Donald Trump is reshaping the US government from the inside out, and even the Federal Reserve is a target. Jerome. Too late. I call him too late Powell.I think he's terrible. Some very. Strong words coming from the president.Termination cannot come fast enough. People can say whatever they want. That's fine.This is. Something. Different.And I. Worry about it. The threats to Fed independence that we're seeing right now are real and they're significant.They're under a white hot political spotlight r ...

- We have been struggling with high nitrate levels in our source water. - It could be farm runoff, fertilization, number of things. - Nearly every Iowa County in the Hawkeye state is battling against manure being released into their water.- 11.12% that is over the limit. - Treatment plants across central Iowa are having a hard time treating it. - We have at what was at one time the largest nitrate removal facility in the world, and unfortunately even that wasn't able to keep up with the level of nitrate tha ...