Apple to Invest $1 Billion Yearly in Dev. Generative AI Products

Says it's crucial to invest in AI technology as it becomes increasingly prevalent in the tech industry.
Apple logo
Apple logoReuters

According to a report by Bloomberg, Apple is set to spend $1 billion per year on developing its generative artificial intelligence products.

The spending comes as the company plays catch-up to some competitors who have already debuted new AI products and features, such as Google, Microsoft and Amazon.

Apple uses AI in its products but hasn’t launched a generative AI product along the lines of OpenAI’s ChatGPT or Google Bard, for example. Instead, Apple’s AI is used for things like improving photos and autocorrecting text.

More so, Apple has built its own large language model framework, Ajax, as well as a rumored chatbot, known internally as Apple GPT, Bloomberg said. Neither has been incorporated into its products yet.

The company is reportedly looking to integrate AI into Siri, Messages and Apple Music. For the latter, Apple would use AI to create auto-generated playlists like Spotify does via its partnership with OpenAI. The company is also exploring using AI in Xcode to assist app developers, according to the report.

The key Apple executives leading these AI initiatives are John Giannandrea, Senior Vice President of Machine Learning and AI Strategy, Craig Federighi, Senior Vice President of Software Engineering, and Eddy Cue, Head of Services, Bloomberg reported.

An Apple spokesperson wasn’t immediately available for comment.

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