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Apple Stock Pops On Report It's Developing Its Own Equivalent Of ChatGPT

  • Apple stock popped briefly Wednesday after a report said the company was developing its own AI large language model internally.
  • Apple has an internal foundation for AI called Ajax and a small team of engineers have built a chatbot that some call “Apple GPT,” according to the report.
  • For the past year, technologists and investors have been enamored of large language models, an AI technology that can turn out text or code that looks like a human wrote it.