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The system is called Apple Intelligence, and it'll be rolling out over the coming months. Apple plans to roll out Apple Intelligence in stages. Plus, app developers will be able tap into Apple intelligence, so you can use it everywhere on your phone. In the PC market, Microsoft's Copilot+ PCs launched this summer, but without their marquee AI feature, Recall. Without Recall, there's not much AI in this batch of AI PCs.
Persons: they've, Nabila Popal, they'll, Canalys, Gerrit Schneemann, Tim Cook, Nic Coury, supercharge Siri, Schneemann, IDC's Popal, Popal, it's, there's, Alex Katouzian, Katouzian, Corie Barry, Jaque Silva Organizations: Microsoft, Meta, Google, Nvidia, Apple, Samsung, Dell, HP, Qualcomm, Apple Intelligence, Will Apple Intelligence, IDC, Counterpoint Technology, Developers Conference, Afp, Getty, Motorola, Gemini Locations: China, U.S, Cupertino , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrowdStrike shares spike after first quarterly report since global outagePaul Hickey, Bespoke Investment Group co-founder, Nicole Webb, Wealth Enhancement Group SVP, and Patrick Moorhead, Moor Insights & Strategy CEO and CNBC's Steve Kovach weigh in on CrowdStrike earnings.
Persons: Paul Hickey, Nicole Webb, Patrick Moorhead, Steve Kovach Organizations: Investment Group, Wealth, Moor
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSurprised how little tech came up during the Musk-Trump conversation, says Niki ChristoffCNBC’s Steve Kovach and Niki Christoff, Christoff and Company CEO, join 'Squawk Box' to discuss Elon Musk's conversation with former President Donald Trump, takeaways from the X interview, what's behind the Musk-Trump alliance, and more.
Persons: Niki Christoff, Steve Kovach, Elon, Donald Trump, what's Organizations: takeaways, Trump Locations: Christoff
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks retreatU.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown. The 10-year yield last traded at 3.981%, down 12.3 basis points, while the two-year yield eased to 4.156%. Looking ahead, Apple expects services to grow by about 14%. Apple CEO Tim Cook told CNBC's Steve Kovach the company has increased spending on Apple Intelligence to get it ready by fall.
Persons: Russell, Tim Cook, CNBC's Steve Kovach Organizations: New York Stock Exchange, Wall, CNBC, Dow Jones Industrial, Nasdaq, Labor Department, Institute for Supply, Treasury, U.S . Federal Reserve, Apple, Apple Intelligence, Tech, CNBC Pro Locations: New York City, Stocks
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. stocks retreatU.S. stocks fell sharply on Thursday as weaker-than-expected jobs and manufacturing data sparked concerns about a rapid economic slowdown. Treasurys gainThe benchmark 10-year Treasury yield fell below 4% for the first time since February as investors digested weak job numbers and braced for a September rate cut by the U.S. Federal Reserve. The 10-year yield last traded at 3.981%, down 12.3 basis points, while the two-year yield eased to 4.156%. Asian stocks tumbleJapanese stocks dropped 5.8% on Friday as Asia-Pacific markets reacted negatively to the sell-off on Wall Street.
Persons: Russell, Tim Cook, CNBC's Steve Kovach, Brian Olsavsky Organizations: CNBC, Dow Jones Industrial, Nasdaq, Labor Department, Institute for Supply, Treasury, U.S . Federal Reserve, Nikkei, SoftBank, Mitsui, Marubeni, CSI, Services, Apple, Apple Intelligence, Olympics, Tech, CNBC Pro Locations: U.S, Asia, Pacific
Apple on deck: What to watch
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple on deck: What to watchCNBC's Steve Kovach joins Money Movers to discuss Apple as the tech giant prepares to report its third-quarter earnings.
Persons: Steve Kovach Organizations: Movers, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full Apple earnings panel with Stephanie Link, Victoria Greene, and Scott KesslerStephanie Link, Hightower chief investment strategist, Victoria Greene, G Squared Private Wealth CIO, Scott Kessler, Third Bridge TMT global sector lead, join CNBC's Steve Kovach and 'Closing Bell Overtime' to talk Apple earnings.
Persons: Stephanie Link, Victoria Greene, Scott Kessler Stephanie Link, Hightower, Scott Kessler, Steve Kovach Organizations: Private Wealth
Apple's AI upgrade cycle strategy
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's AI upgrade cycle strategyCNBC’s Steve Kovach joins 'Power Lunch' to discuss Apple ahead of the company's earnings report after the bell.
Persons: Steve Kovach Organizations: Apple
Apple posts Q3 beat as iPhone revenue comes in above estimates
  + stars: | 2024-08-01 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple posts Q3 beat as iPhone revenue comes in above estimatesStephanie Link, Hightower chief investment strategist, Victoria Greene, G Squared Private Wealth CIO, Scott Kessler, Third Bridge TMT global sector lead, join CNBC's Steve Kovach and 'Closing Bell Overtime' to talk Apple earnings.
Persons: Stephanie Link, Hightower, Victoria Greene, Scott Kessler, Steve Kovach Organizations: Private Wealth
Apple Intelligence, the company's forthcoming artificial intelligence system, could spur a fresh cycle of iPhone upgrades and hardware sales. One question Cook was willing to partially address was about the company's spending on AI servers. "Embedded in our results this quarter is an increase year over year in the amount we're spending for AI and Apple Intelligence," Cook told CNBC's Steve Kovach on Thursday. The rise in Apple's capital expenditure is tiny compared to its mega-cap peers, such as Microsoft, Google , and Meta . Zuckerberg also wants to ensure that Apple won't fully control the next major technology shift, if it turns out to be AI.
Persons: Tim Cook, Luca Maestri, Cook, CNBC's Steve Kovach, Mark Zuckerberg, Zuckerberg Organizations: Apple Intelligence, OpenAI, CNBC, Apple, Microsoft, Google, Meta, Nvidia
Microsoft's AI spending in focus ahead of earnings
  + stars: | 2024-07-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft's AI spending in focus ahead of earningsCNBC's Steve Kovach joins 'Power Lunch' to discuss Microsoft ahead of the company's earnings today after the bell.
Persons: Steve Kovach Organizations: Microsoft
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Loop Capital's Rob Sanderson and Wedbush's Dan IvesLoop Capital’s Rob Sanderson, Wedbush’s Dan Ives, and CNBC's Steve Kovach join 'Power Lunch' to discuss how big tech companies like Microsoft, Meta, and Amazon will perform as the tech giants are scheduled to report their earnings this upcoming week.
Persons: Rob Sanderson, Wedbush's Dan Ives, Wedbush’s Dan Ives, Steve Kovach Organizations: Microsoft, Meta, Amazon
Microsoft's AI spending comes into focus ahead of earnings
  + stars: | 2024-07-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft's AI spending comes into focus ahead of earningsCNBC's Steve Kovach reports on key things to monitor ahead of Microsoft's earnings results.
Persons: Steve Kovach
The tumbling tech sector is set to report earnings next week
  + stars: | 2024-07-26 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe tumbling tech sector is set to report earnings next weekCNBC’s Steve Kovach joins 'Power Lunch' to discuss what to watch ahead of next week's tech earnings.
Persons: Steve Kovach
Alphabet's AI capex crunch: Here's what you need to know
  + stars: | 2024-07-24 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet's AI capex crunch: Here's what you need to knowCNBC's Steve Kovach reports on news from Alphabet's quarterly earnings results.
Persons: Steve Kovach
Wiz rejects $23B Google deal
  + stars: | 2024-07-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWiz rejects $23B Google dealCNBC's Steve Kovach joins 'Money Movers' to discuss the latest developments in tech after cybersecurity startup Wiz rejected Google's $23B takeover deal.
Persons: Steve Kovach
Wiz walks away from $23B Google deal
  + stars: | 2024-07-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWiz walks away from $23B Google dealCNBC's Steve Kovach joins 'The Exchange' with details about the dissolution of the Google-Wiz deal.
Persons: Wiz, Steve Kovach Organizations: Google
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCIC's Malcolm Ethridge on CrowdStrike: Investors may rethink playing one cybersecurity stockCNBC's Steve Kovach with CIC’s Malcolm Ethridge, join 'Closing Bell' to discuss the CrowdStrike power outage and the markets.
Persons: Malcolm Ethridge, Steve Kovach, CIC’s Malcolm Ethridge Locations: CrowdStrike
Major technical outages worldwide: Here's what to know
  + stars: | 2024-07-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMajor technical outages worldwide: Here's what to knowCNBC's Steve Kovach joins 'Squawk Box' with the latest developments on the global IT outage.
Persons: Steve Kovach
Cohere makes generative AI models that can be used by companies, in contrast to consumer-facing products like OpenAI 's ChatGPT. In June 2023, Cohere raised $270 million at a $2.2 billion valuation, from investors including Salesforce and Oracle. When asked about specific use cases where generative AI can benefit a company's bottom line, Gomez cited a model Cohere built to help an insurer. "I never thought that an insurance company for natural resource projects would be adopting large language models," he said. Watch the video to hear the full conversation between CNBC's Steve Kovach and Aidan Gomez.
Persons: Gomez, Aidan Gomez, Cohere, there's, CNBC's Steve Kovach Organizations: University of Toronto, Google, Nvidia, CNBC, MIT, Harvard, Salesforce, Oracle, White, actuaries
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCohere CEO Aidan Gomez on how generative AI will bring more profit to companiesAidan Gomez is the CEO and co-founder of Cohere and he's been at the center of generative AI since its early days. He was an intern at Google in 2017, when he helped write the foundational paper that conceptualized the transformer - the tech that makes generative AI possible. Now he's focused on building generative AI models for companies instead of consumers. CNBC's Steve Kovach sat down with Gomez to talk about the burgeoning tech and specific ways his models will boost profits for companies.
Persons: Aidan Gomez, Cohere, he's, Steve Kovach, Gomez Organizations: Google
How companies across the market are deploying AI tools
  + stars: | 2024-06-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow companies across the market are deploying AI toolsCNBC's Steve Kovach joins 'The Exchange' with details from CNBC's latest Technology Executive Council survey on corporate AI spending and how the market is deploying tools for the enterprise.
Persons: Steve Kovach
Microsoft takes on Apple's AI with AI powered PC rollout
  + stars: | 2024-06-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft takes on Apple's AI with AI powered PC rolloutCNBC’s Steve Kovach joins 'Power Lunch' to discuss Microsoft taking on Apple in the AI race, this time with its PCs.
Persons: Steve Kovach Organizations: Microsoft, Apple
Microsoft AI PCs take aim at Apple
  + stars: | 2024-06-18 | by ( Steve Kovach | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft AI PCs take aim at AppleCNBC's Steve Kovach joins 'Squawk Box' with the latest news from Microsoft.
Persons: Steve Kovach Organizations: Microsoft, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple 'well positioned' to control AI ecosystem, says Slow Ventures' Sam LessinCNBC's Steve Kovach and Sam Lessin, general partner at Slow Ventures, join 'The Exchange' to discuss Apple's AI announcement, whether the company will be competitive in the AI race, and more.
Persons: Sam Lessin, Steve Kovach Organizations: Apple, Ventures, Slow Ventures
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