An odd thing happened on the road to AI dominance. The market became concerned about the large investments and intense competition among companies such as Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), and OpenAI.
The company's Apple Intelligence launch failed, and management went back to the drawing board with AI. It partnered with Alphabet to introduce an AI-powered Siri, with likely plans to develop its own in-house program.
The European Commission said Apple Ads and Apple Maps should not be designated under the EU's Digital Markets Act, citing Apple Maps' relatively low usage in the EU and the limited scale of Apple Ads in the EU online advertising market.
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