Sebastian, a veteran of a tech writer with over 15 years of experience in media and marketing, blends his lifelong fascination with writing and technology to provide valuable insights into the realm of mobile devices.
’s always-ahead-of-the-rest Mark Gurman says that Apple has recently acquired the Canadian artificial intelligence startup DarwinAI. Such a move was overdue, given that everybody else are making their AI moves andPer the report, the acquisition was completed “earlier this year” and led to many DarwinAI employees joining Apple's AI division, a move kept confidential until now.
Among the notable team members transitioning to Apple is Alexander Wong, a distinguished AI researcher from the University of Waterloo, who co-founded DarwinAI and has taken up a directorial role in Apple's AI team. Speaking of stocks, Apple’s shares last week hit rock-bottom for 2024, trading as low as $169. In January 2024, it was around the $195 mark.
In contrast, Apple is seen to be somewhat behind the times on AI, having not announced any major generative AI features so far. However, rumors indicate that is set to change at WWDC this June, with2023 was a blessing from above for Nvidia. With brutal gains of 240%, it was the best-performing S&P 500 stock in 2023. Arm Holdings' shares also saw an incredible jump of 80% in recent weeks – that’s what high demand for AI chips does.
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