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Rani Molla

Bloomberg: Apple’s tabletop robot is “centerpiece” of its new AI strategy

On the heels of failing to successfully bring its AI iPhone to life, Apple is hoping to turn things around with its next AI effort: a tabletop robot that serves as a virtual companion, Bloomberg reports. Apple plans for the robot, along with a number of other AI hardware devices including a smart speaker with a display, to be accessed through a revamped Siri voice assistant.

The new Siri is slated to have a lifelike visual personality, an approach the company code-named “Bubbles” — something presumably closer to a talking Wall-E than Microsoft’s loathed Clippy.

Like with the iPhone, the success of the unreleased device, which “resembles an iPad mounted on a movable limb” that “can turn toward a person who is speaking or summoning it,” will rely on a functioning AI Siri that can correctly respond to and anticipate people’s needs.

With the current version of Siri unable to consistently answer basic questions about the day’s weather, the new one will have to come a long way before Apple can hang its hardware hopes on it.

The new Siri is slated to have a lifelike visual personality, an approach the company code-named “Bubbles” — something presumably closer to a talking Wall-E than Microsoft’s loathed Clippy.

Like with the iPhone, the success of the unreleased device, which “resembles an iPad mounted on a movable limb” that “can turn toward a person who is speaking or summoning it,” will rely on a functioning AI Siri that can correctly respond to and anticipate people’s needs.

With the current version of Siri unable to consistently answer basic questions about the day’s weather, the new one will have to come a long way before Apple can hang its hardware hopes on it.

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Amazon closes at all-time high

Fresh off strong earnings Thursday, Amazon saw its stock price end the week at a record closing high of $244.22.

The stock is up 10% so far this year.

The e-commerce and cloud giant beat analysts’ revenue and earnings, and its massive gain was responsible for more than all of the positive return delivered by the SPDR S&P 500 ETF on Friday.

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Google uses an AI-generated ad to sell AI search

Google is using AI video to tell consumers about its AI search tools, with a Veo 3-generated advertisement that will begin airing on TV today. In it, a cartoonish turkey uses Google’s AI Mode to plan a vacation from its farm before it’s eaten for Thanksgiving.

Like other AI ad campaigns that have opted to depict yetis or famous artworks rather than humans, Google chose a turkey as its protagonist to avoid the uncanny valley pitfall that happens when AI is used to generate human likenesses.

Google’s in-house marketing group, Google Creative Lab, developed the idea for the ad — not Google’s AI — but chose not to prominently label the ad as AI, telling The Wall Street Journal that consumers don’t actually care how the ad was made.

Google’s in-house marketing group, Google Creative Lab, developed the idea for the ad — not Google’s AI — but chose not to prominently label the ad as AI, telling The Wall Street Journal that consumers don’t actually care how the ad was made.

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Amazon, Alphabet, Meta, and Microsoft combined spent nearly $100 billion on capex last quarter

The numbers are in and tech giants Amazon, Alphabet, Meta, and Microsoft spent a whopping $97 billion last quarter on purchases of property and equipment. That’s nearly double what it was a year earlier as AI infrastructure costs continue to balloon and show no sign of stopping. Amazon, which reported earnings and capital expenditure spending that beat analysts’ expectations yesterday, continued to lead the pack, spending more than $35 billion on capex in the quarter that ended in September.

Note that the data we’re using here is from FactSet, which strips out finance leases when calculating capital expenditures. If those expenses were included the total would be well over $100 billion last quarter.

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