Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

iGPT? Apple Is Working On 'Language Generating Concepts': Could Its Version Of ChatGPT For Siri Be Coming?

Published 16/03/2023, 22:03
© Reuters.  iGPT? Apple Is Working On 'Language Generating Concepts': Could Its Version Of ChatGPT For Siri Be Coming?
MSFT
-
AAPL
-
NYT
-
IXIC
-
AAPL34
-
MSFT34
-

Benzinga - Artificial intelligence has accelerated in 2023 in terms of use cases, acceptance and overall discussion. The increase comes largely from the release of ChatGPT by OpenAI in late 2022 and a potential battle between Microsoft Corporation (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) over dominance for the market.

Another technology giant could be entering the mix.

What Happened: Microsoft was an early backer of OpenAI, the company that released ChatGPT in 2022. Microsoft poured in an additional $10 billion investment in OpenAI in 2023 to help boost its Bing search engine.

While Alphabet-owned Google is looking to compete with Microsoft in the artificial intelligence chatbot and search results tools, Apple Inc (NASDAQ: AAPL) could be next to join the mix.

Apple is working on “language-generating concepts” according to a new report from the New York Times. The report said multiple teams, including people working on Siri are involved in the tests.

The technology giant hosted an internet artificial intelligence summit at its company headquarters last month.

It’s not known if Apple is seeking to create its own language models or utilize existing models.

Related Link: ChatGPT Makes Mistakes But 'Quite Good Relative To Humans,' OpenAI Co-Founder Says

Why It’s Important: Siri is one of many digital assistants used by technology companies to help answer questions. Artificial intelligence helps power Siri, but the devices using the voice assistant are now trailing other AI models like ChatGPT and the newly released GPT-4.

TechCrunch reports on issues Siri and other assistants have faced in being able to understand accents and certain languages.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Text-based search and language models like ChatGPT could make it easier for consumers to get their questions and inquiries answered.

Former Apple engineer John Burke told the New York Times in an interview that Siri had a slow evolution due to “chunky code.” Burke, who worked on Siri, said it was harder to push updates for the assistant for that reason.

The report from the New York Times highlighted that while Apple, Google and Amazon.com, Inc. (NASDAQ: AMZN) once dominated the voice assistant space, they have now fallen closely behind. Microsoft CEO Satya Nadella criticized voice assistants in a recent interview calling them “dumb as a rock.”

Microsoft is looking to invest heavily in new artificial intelligence and based on the report, it appeared Apple could be looking to do the same ever so quietly.

Apple is no stranger to utilizing artificial intelligence for new features for its smartphones, laptops, tablets and other devices. The company has not used chatbots as much as other companies for advancement in technology.

Apple is expected to host its Worldwide Developer Conference in June and could provide more details then.

Read Next: Voice Of Siri Didn't Know Apple Would Use Her, The Unlikely Story Of The Voice Heard On 2.2 Billion Devices

Photo: Zhuravlev Andrey via Shutterstock

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.