Apple introduced several AI features at WWDC, expanding its ChatGPT deal in an attempt to boost its AI capabilities, following in Google’s footsteps. While AI wasn’t the main focus of the event, these developments signal Apple’s efforts to strengthen its position in the AI space and compete with tech giants like Google.
AI poised to slash banking costs by 20%, says McKinsey
McKinsey’s report highlights AI’s potential to significantly reduce banking costs while emphasizing the importance of early adoption for competitive advantage.