Apple (AAPL) Stock Higher as Hiring Accelerates

Reddit Email Print Reprint NEW YORK (TheStreet) — Apple  (AAPL – Get Report) stock is gaining 2.21% to $111.69 in pre-market trading on Tuesday, as the company accelerates hiring for its artificial intelligence staff. To better compete with Google  (GOOGL), Apple is expanding its artificial intelligence staff by hiring upwards of 86 employees with knowledge of machine learning, which allows devices to predict users’ behavior from past actions, Reuters reported. The company has a reputation for protecting users’ information, so it must analyze machine learning data on individual iPhones, rather than within the cloud, which is more difficult, according to Reuters. In part because of the obstacles posed by these privacy concerns, some people have said that Google and similar tech companies are more adept at spotting larger trends, but if Apple succeeds at…


Link to Full Article: Apple (AAPL) Stock Higher as Hiring Accelerates