00:00It's Benzinga bringing Wall Street to Main Street.
00:02Apple is overhauling its artificial intelligence and machine learning divisions after years of
00:06underperformance, according to Bloomberg's Mark Gerben. The AI team is now being split
00:10across different departments. Apple's unified AI strategy failed to meet expectations,
00:16with Siri and Apple intelligence trailing behind competitors like Amazon's Alexa
00:20and Google Assistant. The restructure is seen as a response to delayed product rollouts
00:24and rising urgency to strengthen Apple's AI efforts. The management shift reflects
00:29a broader strategic realignment as Apple seeks to regain momentum in the AI race.
00:35For all things money, visit Benzinga.com slash GSTV.
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