Apple Stock News: AAPL expected to join AI Research Group

Apple Stock News

For the latest Apple Stock News, AAPL closed at $121.88 on Wednesday, January 25, 2017, with a 0.04% gain, or $0.05 from its previous close of $121.83 per share.

Apple Stock News

When the Partnership on AI Research Group has been primarily launched in September, Apple was one of the absentees with others like Intel or Twitter. However, despite its success, Apple is currently criticized for its pace of innovation and might have reviewed its point of view by joining the group.

The AI Research group counts in its row famous companies as Amazon, Google, and Facebook. The aim of the group is basically “to study and formulate best practices, to advance the public’s understanding of AI, and to serve as an open platform for discussion and engagement about AI and its influences on people and society”

And the absence of Apple in it had a really simple reason. The company is known for its secrecy regarding its innovation processes. And until a few weeks ago, that was still not possible for researchers of the company to publish the fruits of their work publically (Bloomberg). This has been a problem for lot of these professionals who indicate that they could not exist without intellectual approval based on their published articles. In this field, this is how they build their reputation. Being part of the project would mean for Apple more disclosure regarding their research. The announcement of their entry in the famous AI group is said to be announced by Apple top management this week.

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