Apple Unveils AI Overhaul for Siri at Annual Developer Event
The company introduced a rebuilt Siri powered by an external model and moved the assistant to a standalone app. Shares fell more than 3 percent the next trading day after the presentation.
citizen.co.zaApple introduced its largest artificial intelligence update to date during its annual developer conference on Monday. The rebuilt Siri will run on an external model and move to a standalone app with conversation history that syncs across devices. The presentation did not include a firm release date for the new Siri features. Officials committed only to a developer beta in the coming months.
Shares reached an intraday high of $317 during the event before closing at $301.54. The stock declined more than 3 percent in the following session.
Reports indicated that several hardware projects face delays.
An M5 Mac Studio refresh, a lower-cost iPad model, and smart glasses previously targeted for earlier release are now scheduled for late 2027 or later.
