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Top stories today:
- “Apple Intelligence” AI features introduced, out this fall in beta
- Elon says iPhones will be banned if Apple integrates OpenAI at OS level
- Vision Pro to launch in 8 new countries
- iOS 18 to include call recording, AI features, more
- Shein's revenue +40% to $32.2B in 2023, $1.6B net profit
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. “Apple Intelligence” AI features introduced, out this fall in beta
Priority emails will automatically be featured at the top
Siri will carry out actions between apps, automatically write content for you, manage notifications, and summarize text in mail and other apps.
Genmojis and image generation are also coming.
Apple says its on-device AI model is best-in-class, while its server model only underperforms vs. GPT-4
Apple stock -2%, vs 0% for the NASDAQ.
The IPO market is coming back to life, but shaky stock performance post-IPO is making investors pause for thought.
In this report, 10 of the smartest journalists covering VC, PE and M&A today deliver their analysis on what’s next for public and private markets.
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