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Rani Molla

Apple is up on news it’s considering using OpenAI or Anthropic to power its AI assistant

The updated AI assistant Apple announced at its developer conference last year never came to fruition. Instead, the Apple Intelligence-powered Siri was rife with errors and was never able to pull contextual information from your chats and emails to provide better answers, as promised.

At this year’s WWDC, we barely heard about Siri at all. “Were continuing our work to deliver the features that make Siri even more personal,” SVP of Software Craig Federighi said in one of the only mentions of the assistant in the 90-minute presentation. “This work needed more time to reach a high-quality bar and we look forward to sharing more about it in the coming year.”

Now Bloomberg is reporting that Apple is looking for a solution that plays to its strengths: other people’s software.

Apple has been in talks with both OpenAI and Anthropic about using their large language models to power Siri, asking them “to train versions of their models that could run on Apple’s cloud infrastructure for testing.” Apple already had been giving the users the option to use ChatGPT for web-based search queries — a tedious extra step — but powered the assistant itself using its own technology.

The pivot would be an acknowledgement of failure in its own AI efforts, but could be a practical next step for a company that seems to be falling behind its peers.

Apple stock is up over 2% today since the report came out.

At this year’s WWDC, we barely heard about Siri at all. “Were continuing our work to deliver the features that make Siri even more personal,” SVP of Software Craig Federighi said in one of the only mentions of the assistant in the 90-minute presentation. “This work needed more time to reach a high-quality bar and we look forward to sharing more about it in the coming year.”

Now Bloomberg is reporting that Apple is looking for a solution that plays to its strengths: other people’s software.

Apple has been in talks with both OpenAI and Anthropic about using their large language models to power Siri, asking them “to train versions of their models that could run on Apple’s cloud infrastructure for testing.” Apple already had been giving the users the option to use ChatGPT for web-based search queries — a tedious extra step — but powered the assistant itself using its own technology.

The pivot would be an acknowledgement of failure in its own AI efforts, but could be a practical next step for a company that seems to be falling behind its peers.

Apple stock is up over 2% today since the report came out.

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Is OpenAI on its way to becoming Lyft?

Once nearly synonymous with AI, it just got surpassed in valuation by Anthropic. Now it looks like it’s also going to get beaten to the IPO starting line.

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Palo Alto Networks surges after it beats revenue and earnings estimates

Cybersecurity firm Palo Alto Networks jumped more than 10% in postmarket trading after reporting fiscal third-quarter results that beat analyst revenue and earnings expectations.

The company posted adjusted earnings per share of $0.85, versus the FactSet analyst consensus estimate of $0.79 on $3 billion in revenue. (Wall Street had expected $2.94 billion.)

The company also boosted its guidance for the full fiscal year. The company now expects non-GAAP EPS in the range of $3.77 to $3.79, compared to its previous projection of $3.65 to $3.70 (and analysts’ expectations of $3.68). It also forecast revenue of $11.415 billion to $11.425 billion, representing year-over-year growth of 24%, compared to previous growth expectations of 22% to 23%.

Through Tuesday’s close, the stock had risen more than 60% in the past month.

tech

Microsoft releases 7 new models, next-gen quantum chip at Build conference

Microsoft is making it clear it can stand on its own as a competitor in the AI arena.

Today at its annual Microsoft Build developer conference, the company made a flurry of announcements that move it further away from the shadow of its complicated relationship with partner OpenAI.

Among the products announced:

  • New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.

  • Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.

  • Majorana 2, the company’s next-gen quantum chip.

  • Microsoft Scout, an integrated always-on agent built on OpenClaw.

  • Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

  • New Nvidia-powered Windows PCs: the Surface Laptop Ultra and Surface RTX Spark Dev Box.

  • Seven new homegrown AI models: MAI Image-2.5, MAI Image-2.5-Flash, MAIN Transcribe-1.5, MAI Thinking-1, MAI Voice-2, MAIN Voice-2-Flash, and MAI Code-1-Flash.

  • Majorana 2, the company’s next-gen quantum chip.

  • Microsoft Scout, an integrated always-on agent built on OpenClaw.

  • Project Solara, an AI gadget operating system.

Investors were unimpressed, however, as shares were down over 4% after the announcements.

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