icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Apple Unveils AI-Powered Revolution: Meet the M4 iMac and Apple Intelligence

Word on the StreetMonday, Oct 28, 2024 9:00 pm ET
1min read

Apple has officially launched its new AI-driven service, Apple Intelligence, alongside the release of its latest iMac equipped with the powerful M4 chip. The update was rolled out on October 29, captivating the tech community with advanced features like AI writing assistance, image processing, and text summarization. However, these features are currently only available for certain English-speaking iPhone, iPad, and Mac users, leaving those using Chinese and other languages waiting for access.

In parallel, Apple introduced its new iMac, now powered by the M4 chip, offering up to 1.7 times faster speeds and 2.1 times better graphics performance compared to its predecessor with the M1 chip. The iMac, available in a variety of new colors, starts at $1,299 and is expected to ship by November 8. This iMac supports Apple Intelligence, thanks to its enhanced neural engine designed specifically for AI tasks.

The launch marks a significant milestone for Apple as it integrates Apple Intelligence, a service aimed to enhance user interactions through on-device AI capabilities. By utilizing local hardware instead of cloud services, Apple stands apart from competitors who rely on cloud-based systems powered by third-party chips. This strategic move underscores Apple's commitment to privacy and device-centric computing.

Investors believe that the addition of Apple Intelligence could catalyze a substantial upgrade cycle, bolstering Apple's leadership in everyday AI application markets. Analysts are keen on observing the potential upswing in iPhone demand triggered by this announcement, signaling confidence in Apple's long-term AI strategy.

Overall, the debut of Apple Intelligence and the new iMac reaffirms Apple’s strategic focus on integrating cutting-edge AI capabilities with its hardware, setting the stage for further developments expected in December that will integrate even more advanced AI features into Apple’s ecosystem.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.