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As Big Tech chases enterprise AI, Meta and Apple double down on small businesses

Apple and Meta are playing to their strengths in small business.

Rani Molla

While much of Silicon Valley is racing to build the best AI “coworker” for big corporations, Meta and Apple are betting the bigger opportunity lies elsewhere: small businesses.

Meta is launching a new companywide initiative aimed at helping entrepreneurs start and grow businesses using AI tools across Facebook, Instagram, and WhatsApp, Axios reported Wednesday. A day earlier, Apple unveiled Apple Business, a platform that bundles together tools for managing devices, employees, and customer interactions.

These moves seem different from the AI copilots coming out of Microsoft, Anthropic, and others. Those companies are focused on selling AI into enterprises, with tools that help employees write code, draft documents, and potentially replace some of their coworkers.

Meanwhile, Meta and Apple are leveraging their already strong base of small-business customers — Meta for communication tools and advertising revenue, and Apple through its devices, payments, and app ecosystem — to less flashy ends.

Meta is leaning into its strength as a distribution and marketing platform for small businesses, aiming to offer them AI tools to attract customers, create content, and manage interactions.

“In the AI era, it should be easier than ever for people to build new businesses,” CEO Mark Zuckerberg wrote in an internal memo. “We want to build the services that enable this.”

Unlike rivals pouring hundreds of billions into enterprise AI infrastructure, Meta doesn’t have a major enterprise software business to offset those costs.

Apple’s move is less explicitly about AI — and comes as it has struggled to match competitors’ momentum in the space — but similarly plays to its strengths. By consolidating business tools into a single platform, it’s positioning itself as the infrastructure layer for smaller companies operating within its ecosystem.

The AI race may be focused on the enterprise, but Meta and Apple are going after everyone else.

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Intel pops on reported Apple chip deal

Intel soared more than 14% on a Wall Street Journal report saying the company has reached a preliminary agreement with Apple to manufacture chips for the iPhone maker. Intel, already on a tear as of late, jumped earlier this week when Bloomberg first reported the two companies were in talks. It’s still unclear which chips Intel would manufacture for Apple, which has been facing supply constraints for its iPhone as well other products.

In any case, the deal could help Apple ease supply constraints that have hit some of its products and reduce its reliance on longtime partner TSMC, as it aims to bring more chip manufacturing stateside.

In any case, the deal could help Apple ease supply constraints that have hit some of its products and reduce its reliance on longtime partner TSMC, as it aims to bring more chip manufacturing stateside.

Microsoft CEO Satya Nadella (R) greets OpenAI CEO Sam Altman during the OpenAI DevDay event

Emails show Microsoft wasn’t impressed by OpenAI’s early work, but wanted to keep it from Amazon

OpenAI wanted further Azure computing discounts, but Microsoft didn’t think it was on the verge of a breakthrough.

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Wedbush’s Dan Ives raises Apple price target to $400 on $15 billion AI services opportunity

Apple may not have a frontier AI model or a fully functional AI assistant, but that won’t stop the company from throwing its weight around in the “AI revolution,” according to Wedbush Securities analyst Dan Ives. That’s enough for Ives to raise his price target for Apple shares to $400 from $350.

Underpinning that jump is what Ives sees as a $15 billion annual revenue opportunity for Apple in AI services from monetizing other companies’ models by distributing them to its 2.5 billion iOS users. Ives estimates that in the coming years, roughly 20% of the world’s population will access AI through an Apple device, calling it the “consumer hub of AI.”

That new era, Ives expects, will officially kick off at Apple’s developer conference in June, where he expects Apple to “finally unveil its AI strategy.”

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Tesla’s Model Y just cleared a new federal safety bar

The National Highway Traffic Safety Administration announced today that Tesla Model Ys manufactured after November 12 were the first to pass the agency’s new advanced driver assistance system tests, which are now part of the New Car Assessment Program. According to NHTSA, Tesla tested the 2026 Model Y and submitted the test results to the organization for review.

“By successfully passing these new tests, the 2026 Tesla Model Y demonstrates the lifesaving potential of driver assistance technologies and sets a high bar for the industry,” NHTSA Administrator Jonathan Morrison wrote in the press release. “We hope to see many more manufacturers develop vehicles that can meet these requirements.”

The new tests include:

  • Pedestrian automatic emergency braking

  • Lane-keeping assistance

  • Blind spot warning

  • Blind spot intervention

The milestone offers Tesla highly coveted regulatory validation, as it seeks to spur usage of its Full Self-Driving (Supervised) tech.

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