Apple extends decline after losing AI robotics researcher

Apple extends decline after losing AI robotics researcher

Apple's stock has continued its downward trajectory, with a recent loss of an AI robotics researcher exacerbating concerns about the company's AI strategy. The decline comes amid a broader market trend where tech giants are increasingly focusing on artificial intelligence and robotics. While Apple has been quietly investing in AI, its stock has been affected by delays in key projects and a lack of visible progress.

According to a recent report, Apple's stock has dropped by about 8% this year, a significant decline compared to the overall S&P 500 performance [1]. The company's push for Apple Intelligence and next-gen Siri has been met with skepticism, with analysts questioning the delay in Siri's release until 2026. This delay alone has resulted in a $75 billion reduction in Apple's market capitalization [1].

Tesla, on the other hand, has made a significant strategic shift towards AI and robotics with its "Master Plan 4.0." The plan emphasizes the integration of AI into physical products and services, with a particular focus on the Optimus robot. Tesla expects 80% of its future value to come from this initiative [2]. This strategic pivot has positioned Tesla as a leader in the AI and robotics revolution, setting a high standard for competitors.

Apple's recent loss of an AI robotics researcher has further dampened investor spirits. The researcher's departure from the company highlights the competitive landscape in the AI field, where talent is highly sought after. Apple's focus on privacy-first AI and integration across devices has been praised, but the lack of visible progress and clear communication about its AI strategy has raised concerns among investors and analysts [3].

While Apple's CEO Tim Cook has expressed confidence in the company's AI capabilities and the importance of integrating AI across its products, the market remains skeptical. The company has hired 12,000 people for AI work, but the quiet and integrated approach to AI development has not yet won over investors [1].

As Apple continues to develop its AI strategy, investors and analysts will be closely watching the company's progress. If Apple can successfully launch a privacy-first AI product by 2026, it may regain investor confidence. However, until then, the stock's decline is likely to continue, with investors remaining cautious about the company's AI trajectory.

References:
[1] https://boringdiscovery.com/apples-invisible-ai-move-is-shaking-wall-street-heres-whats-up/
[2] https://www.ainvest.com/news/tesla-shifts-focus-ai-robotics-master-plan-4-0-2509/
[3] https://www.facebook.com/groups/1094947174864892/posts/1477837389909200/