Apple faces pressure to show off AI following splashy events at OpenAI, Google and Microsoft

Catch up with NBC News Clone on today's hot topic: Apple Faces Pressure Show Ai Splashy Events Openai Google Microsoft Rcna156057 - Business and Economy | NBC News Clone. Our editorial team reformatted this story for clarity and speed.

Investors and customers now want to see what the iPhone maker has in store.
Apple store in New York on Oct. 22, 2022.
Apple store in New York in 2022.Jakub Porzycki / NurPhoto via Getty Images

For years, Apple avoided using the acronym AI when talking about its products. Not anymore.

The boom in generative artificial intelligence, spawned in late 2022 by OpenAI, has been the biggest story in the tech industry of late, lifting chipmaker Nvidia to a $3 trillion market cap and causing a major shifting of priorities at MicrosoftGoogle and Amazon, which are all racing to add the technology into their core services.

Investors and customers now want to see what the iPhone maker has in store.

New AI features are coming at Apple’s Worldwide Developers Conference (WWDC), which takes place on Monday at Apple’s campus in Cupertino, California. Apple CEO Tim Cook has teased “big plans,” a change of approach for a company that doesn’t like to talk about products before they’re released.

Apple CEO Tim Cook
Apple CEO Tim Cook at an event at Apple Park campus in Cupertino, Calif., in 2023.David Paul Morris / Bloomberg via Getty Images file

WWDC isn’t typically a major investor attraction. On the first day, the company announces annual updates to its iOS, iPadOS, WatchOS and MacOS software in what’s usually a two-hour videotaped keynote launch event emceed by Cook. This year, the presentation will be screened at Apple’s headquarters. App developers then get a week of parties and virtual workshops where they learn about the new Apple software.

Apple fans get a preview of the software coming to iPhones. Developers can get to work updating their apps. New hardware products, if they appear at all, are not the showcase.

But this year, everyone will be listening for the most hyped acronym in tech.

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