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☆ Apple is now overbought after rallying to record highs this week. Here are other names due for a pullback
▼ + stars: | 2024-06-14 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

It's also the second-most overbought stock on Wall Street this week based on its 14-day relative strength index, or RSI. CNBC Pro used its stock screener tool to search for the most overbought and oversold stocks. Names with a 14-day RSI exceeding 70 are considered overbought, which suggests that shares may soon slide. Other overbought stocks this week include Nvidia , Hewlett Packard Enterprise and T.J. Maxx . Among oversold stocks, aerospace and defense firm Northrop Grumman topped the list this week with a 14-day RSI of about 17.

Persons: It's, Siri, chipmaker, LSEG, Northrop Grumman, Northrop, Tyson Organizations: Apple, Developers, RSI, CNBC Pro, Nasdaq, Dow Jones, Nvidia, Hewlett Packard Enterprise, Broadcom, Wall, Bank of America, Microsoft, Tyson Foods

☆ Apple just formed a bullish golden cross chart pattern
▼ + stars: | 2024-06-14 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

The maker of iPhones and iPads has formed a "golden cross," a technical indicator signaling when a stock's moving average over the last 50 days rises above the same moving average tracking the last 200 days. It's the first time since March that Apple's 50-day moving average trades above its 200-day counterpart. Despite the outperformance, Apple shares have advanced less than 11% this year, underperforming both the broad S & P 500 and technology-heavy Nasdaq Composite . While the golden cross can indicate upside momentum, Wall Street expects a correction ahead. AAPL 5D mountain Apple, 5-day Correction: A previous version misstated when Apple's previous golden cross pattern took place.

Persons: Siri, LSEG Organizations: Apple, Apple Intelligence, Nasdaq Locations: Silicon Valley

☆ OpenAI adds former NSA chief to its board
▼ + stars: | 2024-06-13 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI on Thursday announced its newest board member: Paul M. Nakasone, a retired U.S. Army general and former director of the National Security Agency. Nakasone was the longest-serving leader of the U.S. Cyber Command and chief of the Central Security Service. The company said Sarah Friar, previously CEO of Nextdoor and finance chief at Square, is joining as chief financial officer. OpenAI also hired Kevin Weil, an ex-president at Planet Labs, as its new chief product officer. Weil was previously a senior vice president at Twitter and a vice president at Facebook and Instagram.

Persons: Paul Nakasone, OpenAI, Paul M, Nakasone, OpenAI's, Adam D'Angelo, Larry Summers, Bret Taylor, Sam Altman, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidji Simo, Siri, Sarah Friar, Friar, Kevin Weil, Weil Organizations: National Security Agency, Intelligence, Capitol, U.S . Army, U.S . Cyber Command, Central Security Service, Security, Sony, Monday, Apple, Planet Labs, Twitter, Facebook Locations: Washington, U.S

☆ Here are Thursday's biggest analyst calls: Nvidia, Netflix, Broadcom, Dell, Meta, Roblox, Tesla, Boeing, Microsoft & more
▼ + stars: | 2024-06-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Broadcom as buy Following Broadcom's earnings report, Bank of America said the company has "potential to join the trillionaires club." Morgan Stanley downgrades Corning to equal weight from overweight Morgan Stanley downgraded Corning mainly on valuation. Bank of America reiterates Dell as buy Bank of America said it sees several positive catalysts ahead for Dell. Morgan Stanley reiterates Amazon, Alphabet, Meta, Microsoft and Adobe as overweight Morgan Stanley named several tech stocks that it said are well positioned for AI. " Morgan Stanley reiterates Colgate-Palmolive as a top pick Morgan Stanley said it sees a "pet inflection on the horizon" for Colgate.

Persons: it's, Oppenheimer, Ulta, Jefferies, OpenAI, Bernstein, Goldman Sachs, Goldman, Morgan Stanley, Goodyear, Wolfe, Bill Brown, Morgan Stanley downgrades Corning, TD Cowen, Cowen, KeyBanc, Dell, Clark, Wells, Fortnite, Stephens, Wedbush, Tesla, Elon Musk Organizations: Deutsche Bank, Nike, Bank of America, Broadcom, Citi, Royal, TEAM, Microsoft, OpenAI, Nvidia, Starbucks, Goodyear Tire, Civitas Resources, Netflix, Media Survey, Dell, " Bank of America, underperform Bank of America, Adobe, Colgate, Palmolive, Technology, Barclays, NextEra Energy Partners, NextEra Energy, Boeing, of America Locations: Royal Caribbean, Corning, Texas

☆ Did Apple just outthink everyone in AI? A chat with tech analyst Ben Thompson
▼ + stars: | 2024-06-13 | by ( Peter Kafka | ) www.businessinsider.com time to read: +9 min

When I try to get my head around big, complicated tech questions, I often rely on Ben Thompson, the influential tech analyst who writes the Stratechery newsletter. And that Apple gets the upside of AI without incurring many of the costs and risks other tech players are taking on. AdvertisementPeter Kafka: You seemed pretty enthusiastic about Apple's AI efforts before they announced them on Monday. One is some massive AI breakthrough, such that the phone becomes the commodity, as opposed to Apple making the AI the commodity. Peter Kafka: You've been speculating about whether Apple is paying OpenAI, or OpenAI is paying Apple.

Persons: —, Ben Thompson, Peter Kafka, They're, Tim Cook, Justin Sullivan, Who's, They've, Apple, You've, OpenAI, Sam Altman, Thompson, Mark Gurman Organizations: Service, Apple, Business, Washington Post, Bloomberg, OpenAI Locations: ChatGPT.com

☆ Apple will let users opt out of ChatGPT integration. It's a 'brilliant' move to calm mounting AI privacy concerns, analyst says
▼ + stars: | 2024-06-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

At the Worldwide Developers Conference on Monday, the company introduced Apple Intelligence, an in-house suite of AI services coming to devices this fall. Starting later this year, Apple users will have free access to OpenAI's ChatGPT model without having to create an account. Advertisement"I think it's brilliant," said Maribel Lopez, an AI analyst and founder of research and strategy consulting firm Lopez Research. AdvertisementThe opt-out ability on Apple devices offers customers a modicum of control amid the coming freight train of AI, Lopez added. Meanwhile, much of the marketing for Apple Intelligence already appears to be focused on safety and privacy protection, with advertisements boasting a "brand-new standard for privacy in AI."

Persons: —, OpenAI, Siri, Apple, Maribel Lopez, Lopez, Sam Altman doesn't Organizations: Service, Worldwide, Apple Intelligence, OpenAI, Business, Apple, Lopez Research, New York Times

☆ Elon Musk dropped his Open AI lawsuit, but he isn't done with Sam Altman and the AI race yet
▼ + stars: | 2024-06-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewElon Musk might have withdrawn his lawsuit against OpenAI and its cofounders on Tuesday, but he certainly isn't giving up on winning the AI race just yet. Musk cofounded OpenAI with its current CEO, Sam Altman, but left its board in 2018. Shortly after the announcement, Musk threatened to prohibit Apple devices at his companies. "If Apple integrates OpenAI at the OS level, then Apple devices will be banned at my companies," Musk wrote in an X post. Related storiesRepresentatives for Musk and OpenAI did not immediately respond to requests for comment from BI sent outside regular business hours.

Persons: —, Elon, OpenAI, Musk, Sam Altman, Altman, David Hoffman, BI's Grace Kay, Tesla, it's Organizations: Service, OpenAI, Microsoft, Business, Apple, Musk, BI, University of Pennsylvania, Tesla Locations: Altman's court

☆ I'm a cybersecurity expert who likes using AI. But I'd never share a few things with ChatGPT or its competitors.
▼ + stars: | 2024-06-11 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

I'm a security expert and a vice president of engineering at a content management system company, which has Netflix, Tesla, and Adidas among its clients. Here are four things I would keep in mind when interacting with AI chatbots like OpenAI's ChatGPT, Google's Gemini, Anthropic's Claude, or Perplexity AI. Follow company AI guidelinesAs using AI in the workplace becomes common for tasks like coding or analysis, it is crucial to follow your company's AI policy. As AI chatbots become more humanlike, we are swayed to share more and open up to topics we would not have before. Do you work in tech or cybersecurity and have a story to share about your experience using AI?

Persons: —, Sebastian Gierlinger, Google's, Anthropic's Claude, ChatGPT, OpenAI, chatbots Organizations: Service, Netflix, Tesla, Adidas, Business, Facebook Locations: Storyblok, Austria

☆ History shows now has been a great time to buy Apple's stock
▼ + stars: | 2024-06-11 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

It's historically been a smart move to buy Apple shares around this time of year coming off the technology giant's developer conference, according to Morgan Stanley's sales team. Apple's biggest announcement was its push into artificial intelligence — the buzzy software that has helped propel large tech names, such as Nvidia , to record highs. Apple executives at the event unveiled Apple Intelligence, AI tools that will be available on the Mac, iPhone and iPad. AAPL YTD mountain Apple, year to date Shares rebounded on Tuesday, rallying more than 6% to a new all-time high. But the stock has underperformed both the S & P 500 and tech-heavy Nasdaq Composite this year with a gain of just over 6%.

Persons: Morgan, Morgan Stanley, Siri Organizations: Apple, Developers, Nvidia, Apple Intelligence

☆ AI is getting very popular among students and teachers, very quickly
▼ + stars: | 2024-06-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

Khan recently told CNBC that its AI tool will expand from 65,000 students to one million students next year. It also recently announced that Microsoft is paying so that AI can be offered to teachers across the U.S. free of charge. In fact, teachers were the only demographic polled where year-over-year favorability declined, though a majority (59%) still have a positive view of AI chatbots. Minority groups are adopting AI for education at higher rates, including the teachers and parents who are using AI to help children. Black and Hispanic K-12 students and undergraduates were more likely to use AI for school.

Persons: Hyoung Chang, ChatGPT, Ethan Mollick, Sal Khan, Khan, CNBC's, Sam Altman, Greg Brockman, zeroed, Mollick, It's, Nadia, Alan Turing's Organizations: Getty, Microsoft, Apple, Impact Research, Walton Family Foundation, Learning, University of Pennsylvania's Wharton School, Khan Academy, CNBC, Teachers Locations: Denver, Newark , New, U.S

☆ Sam Altman may have just scored a major coup
▼ + stars: | 2024-06-11 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Read previewForget Tim Cook: OpenAI and Sam Altman might be the biggest winners after Monday's announcements at Apple's Worldwide Developers Conference. While Apple announced Apple Intelligence, its in-house artificial-intelligence tool, it also said that Apple users will soon be able to use ChatGPT in Siri through an integration it created with OpenAI. The feature is part of Apple's iOS 18, iPadOS 18, and Sequoia, its computer operating system. Apple's iOS is installed on about 2.2 billion devices, Wedbush Securities estimated in a note on Monday. OpenAI said in a statement that "the ChatGPT integration, powered by GPT-4o, will come to iOS, iPadOS, and macOS later this year.

Persons: —, Tim Cook, OpenAI, Sam Altman, ChatGPT, it's, Craig Federighi, Apple's, Siri, Altman, Google's, Kelsey Peterson, Cook, haven't, macOS, Apple Organizations: Service, Apple's Worldwide, Apple, Apple Intelligence, Business, OpenAI, Wedbush Securities, Washington Post, Google, Safari Locations: Siri, Sequoia, WWDC

☆ Apple wants to put a friendlier spin on artificial intelligence, but many users could miss out
▼ + stars: | 2024-06-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at all the takeaways from Apple's big event , including its friendlier spin on artificial intelligence . Related VideoBut first, it's not AI; it's Apple Intelligence. Apple Intelligence — it's AI, just not that AI — is the company's first big swing in the space. Data is the name of the game when it comes to AI, and Apple's iPhones are full of it. However, the Apple Intelligence news and partnership with OpenAI is what really set the billionaire off.

Persons: —, we've, it's, Andrew Burton, Justin Sullivan, Rebecca Zisser, Tim Cook, Apple, Apple's, Insider's Jordan Hart, Katie Notopoulos, Pro Max, BI's Peter Kafka, Max —, wasn't, Elon Musk, Chelsea Jia Feng, Grzegorz Wajda, Elon, Bernstein, Toni Sacconaghi, Point72, Steve Cohen's, WallStreetBets, Tyler Le, OpenAI, Sarah Friar, Kevin Weil, who's, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Business, Tech, Apple Intelligence, Washington, Getty, Apple, Pro, Elon, OpenAI, Academy Investment, GameStop, Planet Labs, Oracle Locations: Apple's, Chelsea, Silicon, New York, London

☆ OpenAI's Apple deal might actually be good for Microsoft too
▼ + stars: | 2024-06-11 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

OpenAI's partnership with Apple is now official after Monday's WWDC keynote. The lucrative deal cements OpenAI's place at the center of the AI revolution. The deal could also be good news for Microsoft, OpenAI's biggest backer. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen reports first emerged that OpenAI had secured a partnership with Apple, it was rumored to have raised the eyebrows of Microsoft CEO Satya Nadella.

Persons: Monday's, —, OpenAI, Satya Nadella, Sam Altman Organizations: Apple, Microsoft, OpenAI's, Service, Business

☆ Let's be real, Apple couldn't hype its ChatGPT collab — that would mean conceding it's lost the AI race
▼ + stars: | 2024-06-11 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewTech watchers expecting a sweeping partnership announcement between Apple and OpenAI were probably disappointed on Monday. The Cupertino-based giant unveiled its generative AI strategy, "Apple Intelligence," during its keynote presentation at this year's Worldwide Developers Conference. very happy to be partnering with apple to integrate chatgpt into their devices later this year! AdvertisementAside from poaching talent and working with external partners like OpenAI, Apple has also worked with TSMC to make AI chips for its data centers. Making chips would go a long way toward securing Apple's AI supremacy since, unlike most companies, it would not have to rely completely on chip giant Nvidia.

Persons: —, Mark Gurman, OpenAI, Apple, Craig Federighi, Federighi, Sam Altman didn't, Altman, — Sam Altman, Siri, John Giannandrea, TSMC, Gene Munster, Apple didn't Organizations: Service, Apple, Apple Intelligence, Business, Microsoft, Meta, Nvidia, Financial Times, BI Locations: Cupertino

☆ Stocks making the biggest moves premarket: Eli Lilly, General Motors, Shopify
▼ + stars: | 2024-06-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Eli Lilly — Eli Lilly shares rose 2% after a panel of FDA advisors recommended the approval of its Alzheimer's drug known as donanemab. General Motors — The automaker's stock added more than 1% after its board authorized a $6 billion stock buyback program . Shopify — The e-commerce stock rose about 1% after JPMorgan initiated coverage with an overweight rating. Apple — Apple shares slipped less than 1% a day after the iPhone maker's Worldwide Developers Conference, where it revealed its artificial intelligence plans , called Apple Intelligence. GameStop — GameStop shares slipped 1% before the bell, continuing its volatile ride.

Persons: Eli Lilly, General Motors, Siri, Keith Gill's, Lee Cole, —, Jesse Pound, Sarah Min Organizations: General, JPMorgan, Apple, Apple Intelligence, Technology, Reuters, Apollo, Kyndryl Holdings, GameStop, Calavo, —, Calavo Growers

☆ OpenAI ex-employees worry about company's control over their millions of dollars in shares
▼ + stars: | 2024-06-11 | by ( Hayden Field | ) www.cnbc.com time to read: +12 min

However, current and former OpenAI employees have been increasingly concerned about access to liquidity, according to interviews and documents shared internally. "We're incredibly sorry that we're only changing this language now," an OpenAI spokesperson told CNBC after the company changed course. In at least two tender offers, the sales limit for former employees was $2 million, compared to $10 million for current employees. In addition to current and former employees, OpenAI has a third tier for share sales that consists of ex-employees who now work at competitors. OpenAI said it's never canceled a current or former employee's vested equity or required a repurchase at $0.

Persons: Sam Altman, Jason Redmond, OpenAI, Slack, Siri, Ilya Sutskever, Jan Leike, Altman's, Sarah Friar, Larry Albukerk, Albukerk, CNBC they've, it's, Doug Brayley Organizations: Microsoft, AFP, Getty, CNBC, Apple, Federal Trade Commission, Justice Department, Nvidia, OpenAI, EB Exchange, Ropes & Gray Locations: Redmond , Washington, OpenAI, California

☆ Elon Musk hints that his next move could be making an X phone
▼ + stars: | 2024-06-11 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Elon Musk is eyeing a possible X phone. Musk, who owns X, formerly Twitter, said Tuesday such a device is "not out of the question." AdvertisementElon Musk is weighing the idea of building an X phone amid his threats to ban iPhones and other Apple devices from his companies. On Monday, an X user tweeted his prediction that Musk would create an X phone, which Musk replied was a possibility. "X will partner with Samsung to manufacture an X phone."

Persons: Elon Musk, Musk, —, Elon Organizations: Apple, Service, Samsung, Business

☆ Apple shares pop to record high after company unveils AI software
▼ + stars: | 2024-06-11 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Apple shares popped 5% to a new record high of around $203 per share on Tuesday, a day after the company announced its long-awaited push into artificial intelligence at its annual developer conference on Monday. The company pitched the features as AI for the average person, though users will likely need to upgrade their iPhones to access the tools. The company's developer conference came as a welcome sign for investors who have been watching to see how Apple will capitalize on the ongoing AI boom. Analysts from Morgan Stanley said Apple's AI features strongly position the company with "the most differentiated consumer digital agent."

Persons: Tim Cook, Apple, Siri, OpenAI's ChatGPT, Morgan Stanley, iPhones, — CNBC's Michael Bloom Organizations: Apple, Bank of America, Apple Intelligence Locations: Cupertino , California, U.S

☆ Apple is introducing a kinder, gentler AI. Just don't call it artificial intelligence.
▼ + stars: | 2024-06-11 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

AdvertisementIt's not 'artificial intelligence,' it's 'Apple Intelligence'And in Apple's new AI world, we start with one rule: Don't call it "artificial intelligence." It's "Apple Intelligence." Apple Intelligence can perform simple and useful functions. Apple Intelligence wasn't mindblowingStill, some of the other generative things were purely goofy/cutesy, like the AI version of Memoji. AdvertisementNothing was mindblowing or a totally radical new way of using artificial Apple Intelligence.

Persons: —, Scarlett Johansson's, Scarlett Johansson, Siri, It's, Apple Organizations: Service, Business, Apple, Apple Intelligence, Gmail Locations: —

☆ Apple's iPad calculator looks freaking awesome
▼ + stars: | 2024-06-11 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +2 min

The new OS18 also brings a calculator app to the iPad — a feature the device never had. The app looks a lot like the iconic orange and white calculator users have long seen on the iPhone. Math Notes will automatically be accessible in the preexisting Notes app. New calculator feature revealed at Apple WWDC 2024. Apple's calculator seems less impressive than OpenAI's GPT-4o, which can look at a math problem and verbally talk the user through the solution step-by-step.

Persons: —, iPads, Apple, Gene Munster Organizations: Service, Conference, Apple Intelligence, Business, Apple, Big Tech, Deepwater Asset Management

☆ Elon Musk drops lawsuit against Sam Altman and OpenAI
▼ + stars: | 2024-06-11 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Elon Musk withdrew his lawsuit against OpenAI and two of its cofounders this week. The Tesla CEO sued the AI startup in March, alleging the company had abandoned its nonprofit mission. Musk cofounded OpenAI along with Sam Altman and Greg Brockman in 2015. AdvertisementElon Musk dropped his lawsuit against OpenAI and two of its cofounders, Sam Altman and Greg Brockman, on Tuesday, CNBC reported. Musk sued the hotshot startup and two of its co-founders in March, accusing Altman and Brockman of betraying OpenAI's initial mission to benefit humanity.

Persons: Elon Musk, OpenAI, Musk, Sam Altman, Greg Brockman, —, Tesla, Altman, Brockman, OpenAI's Organizations: Service, CNBC, Wednesday, Business Locations: San Francisco

☆ Wall Street expects Apple's AI updates to power a strong upgrade cycle
▼ + stars: | 2024-06-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Davidson's Gil Luria to upgrade shares to a buy. Apple shares have lagged major technology peers this year due in part to its failure to share a clear-cut AI plan. Goldman Sachs analyst Michael Ng was "encouraged by the financial implications" of the announcements, noting that new product features should help fuel an iPhone upgrade cycle . Lingering skepticism To be sure, other analysts worry that Apple's AI prospects may not be enough to power significant upgrades. "Contrary to consensus, we maintain the view that Apple's AI strategy will not lead to a significant iPhone upgrade cycle this fall."

Persons: Tim Cook, Siri, D.A, Davidson's Gil Luria, Luria, Goldman Sachs, Michael Ng, Morgan Stanley's Erik Woodring, Woodring, Toni Sacconaghi, Atif Malik, OpenAI, Evercore ISI's Amit Daryanani, Apple's, David Vogt, Tim Long, Long Organizations: Apple, Worldwide, Apple Intelligence, Napster, Citigroup, UBS, Barclays

☆ CNBC Daily Open: Apple upgrades Siri with AI
▼ + stars: | 2024-06-11 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Apple IntelligenceShares of Apple fell 1.9% after the iPhone maker delivered its long-awaited AI strategy. Siri will get an upgrade with Apple Intelligence and access to OpenAI's ChatGPT. Investors are concerned Apple had fallen behind its rivals, Microsoft and Google, in the race to deliver AI services and tools.

Persons: Goldman Sachs, Siri, Apple, Elon Musk's, Chris Ailman, CNBC's, Ailman, CalSTRS, Elliott, Moderna, Tesla, Elon, Bernstein Organizations: CNBC, Nasdaq, Technology, Nvidia, Meta, Microsoft, Dow Jones, Apple Intelligence, Apple, Investors, Google, California State Teachers, Elliott, Southwest, Elliott Management, Southwest Airlines, Boeing, Pfizer, Novavax Locations: U.S

☆ It's showtime for Apple, and we're expecting news on its AI plans and a big partnership
▼ + stars: | 2024-06-10 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're giving a preview of what to expect at Apple's annual event . The big storyApple's AI unveilingApple CEO Tim Cook at the Worldwide Developers Conference in 2023. Josh Edelson/AFP Getty ImagesApple kicks off its big event today from a unique spot: behind. AdvertisementBut when CEO Tim Cook takes the stage for his keynote address this afternoon, it'll be about catching up with Apple's fellow Big Tech peers. It wouldn't be the first time Apple announced a deal with a fellow tech company that has massive implications , writes BI's Hasan Chowdhury.

Persons: —, Larry Connor, Tim Cook, Josh Edelson, Insider's Jordan Hart, BI's Hasan Chowdhury, Monica Schipper, Nordin Catic, Tyler Le, Sam Altman, OpenAI, Apple, Satya Nadella, Altman, Alyssa Powell, Chelsea Jia Feng, Andrii Sedykh, Javier Zayas, Abanti Chowdhury, They're, Gen, isn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Business, showtime, Apple, Worldwide, Developers, Big Tech, Google, Microsoft, Getty, Getty Images, Taiwan Semiconductor Manufacturing Company, Amazon Locations: India, Mexico, Burazin, New York, London

☆ Elon Musk threatens to ban Apple devices from his companies over OpenAI partnership
▼ + stars: | 2024-06-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday after the iPhone maker announced a partnership with OpenAI. In a series of posts on his social media platform X, Musk shared concerns about whether Apple and OpenAI will protect users' information. He specifically said that Apple devices would be banned if the company "integrates OpenAI at the OS level," referring to Apple's operating system. Musk replied directly to a post from Apple CEO Tim Cook and claimed he will ban Apple devices from his companies' premises unless Cook decides to "stop this creepy spyware." He added that his companies' visitors will be asked to check their Apple devices at the door.

Persons: Elon Musk, The Beverly Hilton, Musk, Apple, Siri, ChatGPT, Tim Cook, Cook, He's, Sam Altman, OpenAI, Altman, didn't, —, Steve Kovach, Lora Kolodny, Tesla Organizations: SpaceX, Tesla, The Beverly, OpenAI, Apple, CNBC, Company Locations: Beverly Hills , California, U.S

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