Tech giant Apple is investing $500 billion to the U.S. economy in a historic move, the company announced on Monday, marking “an extraordinary new chapter in the history of American innovation.”
Read More Apple Announces Historic $500B Investment In U.S. Manufacturing & Innovation
President Donald Trump told a group of governors that Apple CEO Tim Cook promised him that the company’s manufacturing would shift from Mexico to the U.S. during a meeting at the White House on Friday.
Read More Trump: Tim Cook Moving Apple Manufacturing From Mexico To The U.S.
Apple has agreed to pay $95 million to settle a lawsuit that accuses the company of infringing on its users’ privacy by utilizing “Siri,” Apple’s artificial intelligence (AI) assistant, to eavesdrop on individuals with Apple devices.
Read More Apple Reaches $95M Settlement Over Lawsuit Accusing ‘Siri’ Of Eavesdropping On Consumers
Apple shares jumped nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion.
Read More AI-powered Apple overtakes Microsoft as world’s most valuable company
Apple introduced a new chip that it said would outclass personal computers designed for artificial intelligence
Read More Apple unveils new AI-focused chip in upgraded iPad Pro models
Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday.
Read More Apple set for big sales decline as investors await AI in iPhones