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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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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

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Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

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Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

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EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


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