Google’s Former Head of AI Looks to Propel Apple’s Machine Learning

“Artificial Intelligence is a tool not a threat”

-Rodney Brooks

                                                                                                                 (Source: Flickr)

A couple months ago, John Giannandrea, the former head of Google’s search and artificial intelligence division, joined Apple. Reporting directly to Tim Cook, Apple stated that they wanted John to run Apple’s “machine learning and A.I. strategy”. The company is confident in his ability to utilize AI while keeping customers privacy intact.

Apple recently updated their leadership page to include John’s position with Apple, which is Chief of Machine Learning and AI strategy. The company is now combining the machine learning and AI team under John’s leadership. Thus, Core ML and Siri teams are working under one umbrella for the first time.

(Source: Apple)

This is a big win for Apple because they are currently lacking in the AI industry, mainly due to their protection of privacy causing limitations on data collection. Compared to competitors, such as Facebook and Google, Apple is leagues behind in development. John could provide great potential for the growth of Siri and other machine learning technology.

This also has the potential to make advancements for HomePod which uses Siri, a speaker similar to Amazon’s Alexa. The HomePod only has 6% of marketshare, so an expanse into a more knowledgeable Siri could bring it into more homes. Also, with the new Apple maps roll out happening soon, the company hopes for AI to make it more powerful and accurate than ever.

AAPL has been down this week, along with the DOW.

AAPL and DOW (Source: Yahoo Finance)

Apple Stock News: Apple’s AI Respects User Privacy

Apple Stock News

During this past year, Apple has been sending a message that AI, or Artificial Intelligence, is the future and that Apple will be a part of that future.  Apple’s AI is already visible with Siri, the voice assistant, but that is only a small part of Apple’s AI.  What Apple excels at is “offline AI.”  Due to Apple’s emphasis on user privacy, the company has focused on “on-device computing” which has the AI capabilities on the device itself and not on the cloud, allowing it to use AI offline.  This differs from Google, Amazon, and Microsoft with their use of the more prevalent “online AI.”  With online AI, user data is aggregated in the cloud which has led to AI systems that learn quickly as a result of the steady inflow of new data.  Apple’s offline AI uses a technique called differential privacy which is capable of identifying trends without transmitting personal data.

The iPhone 8 and iPhone X both employ this offline AI technology with the help of Apple’s A11 Bionic Chip with its own built-in neural engine which Apple described as “the most powerful and smartest chip ever in a smartphone.”  The chip was designed specifically for machine learning AI algorithms.  After Apple’s release of the Core ML iOS 11 software update, even developers now have access to the A11 chip for certain AI applications which they can integrate into their apps without the data ever leaving the phone.  As data and privacy rights become increasingly important globally, it is reassuring to know that Apple is on the side of user privacy.

Currently, Apple is still primarily a maker of premium hardware with a focus on customer experience, but their AI technology could expand their reach in so many ways.  For example, their AI could be used to help diagnose complex health problems before the user is even aware that they’re at risk.  Wearables such as the Apple Watch would help to gather this data and analyze it for patterns.  Apple’s AI will also be employed in software for self-driving cars as well as in augmented-reality applications.

In Other News

Apple devices accounted for 44% of smartphone and tablet activations globally during the holiday season with the leading Apple devices being the iPhone 7, iPhone 6, and iPhone X.

It is also being reported that Apple is in licensing discussions with Riyadh on investing in Saudi Arabia.  Apple currently sells its products via third parties, but they yet to establish a direct presence.  About 70% of the Saudi population is under 30 and they are heavy users of smartphones and social media.

For the latest Apple Stock News, AAPL closed at $171.08 per share on December 28th, 2017. It increased 0.28% from its previous close on December 27th, 2017, when it closed at $170.60 per share.

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Apple Stock News: Impending iPhone 8 Release Date

Apple Stock News

For the latest Apple Stock News, AAPL closed at $152.09 per share on, July 24th, 2017. It generated a return of 1.21% from its previous close on July 21st, 2017, when it closed at $150.27 per share.

apple stock news

The highly-anticipated September 2017 release date of the iPhone 8 is approaching. Lately, new leaks, hype, speculation, and information are being released or spread about this new smartphone installment. These leaks continue to reveal key design details and features. However, official statements and releases are being withheld until September.

The iPhone 8 will be priced between $1,000 to $1,200. Thus, making the iPhone 8 the highest priced phone to be sold for Apple. It is no less reported to be revolutionary and unprecedented, incorporating Artificial Intelligence, Augmented Reality, waterproofing, wireless charging and the absence of the headphone jack (a feature present on the iPhone 7), just to name a few of the most attractive new features.

It appears Tim Cook and Apple are trying to pack in as much cutting-edge technology as possible. Hence, the unusually-high expected selling price. Now, although the iPhone 8 might simply appear to be just yet another extension of the iPhone product line (which it is), what is missing is that the iPhone 8 represents a paradigm shift in the smartphone business. This new addition is about luxury, fashion statements, new technology, and about changing the game.

Ultimately, as long as everything goes according to plan, the release of the iPhone 8 may very well be the windfall of sales and profitability that Apple so desperately has been searching for.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.

Apple Price Outlook Based on AI: Returns up to 56.12% in 1 Year

Apple Price Outlook

This Hedge Fund Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks according to I Know First’s stock market algorithm. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to long and short based on artificial intelligence trading strategies:

  • Top 10 Hedge Fund stocks for the long position
  • Top 10 Hedge Fund stocks for the short position

hedgefunds
Package Name: Hedge Fund Stocks
Recommended Positions: Long
Forecast Length: 1 Year (06/26/2016 – 06/26/2017)
I Know First Average: 41.26%
Buy And Hold

In this 1 Year forecast for the Hedge Fund Stocks Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 stocks. The top-performing prediction in this forecast was CSX, which registered a return of 110.64%. Other notable stocks were URI and AAPL with a return of 60.17% and 56.12%. The package had an overall average return of 41.26%, providing investors with a premium of 21.55% over the S&P 500’s return of 19.71% during the same period.

CSX Corporation, (CSX), together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock News: Developing New AI Chip

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.61 on Friday, May 26th, 2017. It had a loss of -0.17%  from its previous close of $153.87 per share.

Artificial Intelligence (AI) has been among the most exciting technology to be utilized in recent years. Looking to take artificial intelligence to the next level, Apple is developing, Apple Neural Engine. This new processing chip will expand Apple product’s capabilities beyond Siri. The new processing chip will handle tasks normally used by humans such as facial recognition. Apple first incorporated AI in 2011 when Apple introduced Siri to their smartphones.

Apple is attempting to play catch up with Amazon and Alphabet. Amazon’s Echo and Google’s Home digital assistants has given these companies the edge in utilizing the technology. AI is the future for Apple.  The Apple Neural Engine in an iPhone would relieve demand from its main processing unit and its graphics card. Although this may increase weight, the savings in demand for performance could save in battery life.

The new chip will be discussed at the upcoming developer’s conference in June. Apple is also scheduling to release its latest operating system, the iOS 11.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Price Prediction Based on AI: Returns up to 62.05% in 1 Year

Apple Price Prediction

This Hedge Fund Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks according to I Know First’s stock market algorithm. It includes 20 stocks with bullish and bearish signals and indicates the best stocks to long and short based on artificial intelligence trading strategies:

  • Top 10 Hedge Fund stocks for the long position
  • Top 10 Hedge Fund stocks for the short position

hedgefunds
Package Name: Hedge Fund Stocks
Recommended Positions: Long
Forecast Length: 1 Year (05/24/2016 – 05/24/2017)
I Know First Average: 42.16%
Stock Price Predictor

In this 1 Year forecast for the Hedge Fund Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 stocks. The top-performing prediction in this forecast was CSX, which registered a return of 109.16%. Other notable stocks were URI and AAPL with a return of 70.58% and 62.05%. The package had an overall average return of 42.16%, providing investors with a premium of 24.76% over the S&P 500’s return of 17.40% during the same period.

CSX Corporation, (CSX), together with its subsidiaries, provides rail-based transportation services in the United States and Canada. The company offers rail services, as well as transports intermodal containers and trailers.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

Apple Stock News: New Partnerships Great For America’s Future

Apple Stock News

For the latest Apple Stock News, AAPL closed at $153.29 on Wednesday, May 24th, 2017. It had a loss of -0.33%  from its previous close of $153.80 per share.

Apple has been forming partnerships with community colleges and high schools for their program “learn to code.” The “App Development with Swift,” is designed to teach students how to code with Swift, a coding specific for Apple products.

Perhaps, Apple is implementing this agenda after President Trump’s recent remarks. The President has scolded the US powerhouse for lack of investment on home soil.

The course is a free year-long curriculum for students who might want to pursue future jobs in coding. With the implications of artificial intelligence (AI) and job displacement, middle-class America is dire need of such an initiative.

A snippet of the entire program looks like this:

  • Get Started with Code 1 (Kindergarten to 2nd grade)
  • Get Started with Code 2 (3rd to 5th grade)
  • Learn to Code 1, 2 & 3 (6th to 9th grade)
  • Intro to App Dev (9th to 10th grade)
  • App Dev (10th grade to first two years of community college)

Source: Forbes.

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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.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: Scaling Back Project Titan Auto Manufacturing Plans

Apple Stock News

For the latest Apple Stock News, AAPL closed at $117.55 on Monday, October 18th, with a 0.18% gain, or $0.21 from its previous close of $117.34 per share. Shares are currently trading at a pre-market open of $118.36 a 0.69%, a gain from its previous closing.

Shares have remained at par and constant over the past week, while up 3% over the past month. Today, Apple Inc. had announced that they plan on scaling back Project Titan, their ambitious automotive plans. Due to a lack of leadership direction, bottleneck and supply issues in the automotive industry, Apple has decided to drastically scale back its sights. Though they have laid off hundreds of workers, they have hired others, placing a greater emphasis on working towards AI-based autonomous driving capabilities.

Apple Stock News

Realizing that it would face tremendous capital inefficiencies as it struggles to enter supply agreements with auto manufacturing, it now turns away from building actual cars. It now plans on focusing on the software strategy route, similar to Alphabet (Google’s parent company). Their ambitions are still high, as they seek to diversify from other products, ie the famous iPhone, and into a more growing industry. The auto manufacturing industry is expected to be worth over $6 trillion by 2020, according to McKinsey.

Though they are scaling back greatly from their original goals, investors are pleased with the news, given they are up in pre-market trading. This can be due to the fact that over the past year and a half, there has been much internal strife revolving around Project Titan, as well as high costs with higher expected costs for capex. Investing in an actual premium Apple branded software, can lead to a higher margin of profitability, if it is able to pair with leading auto manufacturers in the industry.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: Is It Time To say Good Bye to SIRI?

Apple Stock News

Apple has announced that it purchased Emotient, a San Diego maker of facial expression recognition software that can detect emotions to assist advertisers, retailers, doctors and many other professions.

Apple Stock News

 

Although Apple refused to say what it plans to do with the start-ups it has acquired, analysts think they could be incorporated into improving Siri or developing augmented or virtual reality products.

In the field of Artificial Intelligence, nobody wants to fall asleep. Obviously, Apple is not an exception. The purchase comes because of the interest in technology that works with the big data which relies on algorithms powered by troves of data to bridge the gap between computers and natural human thinking.

This technology is used to identify how the customers act and it is very important not only in the marketing world but also in technology devices. Are we in the entrance of a new software that would understand our behaviour and help us to choose the best option?

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