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First look at Apple GPT – the tech giant’s bid for A.I. supremacy

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Some Apple employees believe the company is gearing up for a major AI-related announcement next year.

Apple experienced a brief surge in its stock value following a report revealing the company’s development of an internal artificial intelligence large language model (LLM).

Despite the excitement, the stock closed the trading day with only a minor increase of less than 1%.

This move by Apple indicates a serious consideration of recent advancements in AI technology and the potential integration of these capabilities into their future products. Although Apple seldom uses the term “artificial intelligence,” it has been actively engaged in the field of “machine learning,” a more academically recognized term.

Within the company, there exists an internal foundation for AI known as Ajax, where a small team of engineers has been working on a chatbot referred to as “Apple GPT.” Currently, access to this chatbot is limited within Apple.

Apple AI

Large language models have been the center of attention among technologists and investors in the past year. These AI technologies can generate text or code that closely resembles human composition. Although Apple seems to be entering the LLM domain now, the tech giant has already been utilizing a significant amount of machine learning in its products. Features like Siri’s speech recognition and the Photos app’s ability to detect faces and pets are a testament to this.

However, in comparison to other tech giants, Apple appears somewhat late in embracing the LLM trend. Competitors like Microsoft have integrated OpenAI’s ChatGPT into their software, while Google has integrated its Bard into its search engine. Amazon is set to offer LLMs through AWS, and Meta has even open-sourced a substantial LLM project recently.

Interestingly, on Tuesday, Qualcomm, a company that manufactures processors for phones competing with Apple’s iPhone, announced its collaboration with Meta to enable LLMs to function directly on Android devices, avoiding reliance on distant cloud servers.

Apple’s venture into developing its own LLM signals a significant stride in AI innovation, and the industry will be watching for the company’s potential AI-related revelations in the coming year.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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