Apple Quietly Makes Advances In AI (AAPL)

Apple Inc. (AAPL) is already well-known as a manufacturer of the world’s first mass-market smartphone. More recently, the company has begun developing two other important areas: artificial intelligence and machine learning. The latest markets research report from Deutsche Bank makes a note of the company’s growing expertise in the area and links to a recently published article on Backchannel that shows how the Cupertino company’s efforts in the area are leading to rapid advancements in its products. Artificial intelligence is expected to be the next frontier in technology with applications across practically every sphere of life, from self-driving cars to smartphones to smart homes. According to IDC Research, the market for artificial intelligence will grow to $70 billion by 2020. Gartner, another research firm, predicts that 85 percent of our…


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