Apple's AI chief steps down as company falls behind in tech race

Apple has reportedly decided not to pre-install India's state-mandated cybersecurity app on its devices, a move that comes as India requires all smartphone manufacturers to include this app to enhance national security and user data protection. The app, known as Sanchar Saathi, is intended to combat rising cybercrime and cannot be deleted by users.

Recent discoveries indicate that iPhones are equipped with iPadOS windowing capabilities, suggesting that Apple may be preparing for a foldable phone experience. This revelation raises questions about the company's current software restrictions and future hardware innovations.

This month, investors considering shorting US stocks are advised to reconsider due to the robust performance of the American economy and the prevailing excitement surrounding artificial intelligence (AI), as noted by 22V. The combination of these factors suggests a potentially risky environment for betting against the market.

The Bank of England has issued a warning regarding the risks associated with a multi-trillion dollar spending boom in artificial intelligence infrastructure that is largely financed through debt. The central bank highlighted that current stock market valuations are 'materially stretched', raising concerns about the sustainability of this growth.

Apple has released an open weights video model, marking a significant step in the company's ongoing efforts to enhance its artificial intelligence capabilities. This model is expected to facilitate greater accessibility and innovation in video processing technologies.

John Giannandrea, Apple's head of artificial intelligence, has announced his departure from the company, with Amar Subramanya set to take over his role. This change comes as Apple has struggled to keep pace with competitors in the generative AI space, particularly regarding its voice assistant, Siri. Giannandrea's seven-year tenure was acknowledged by CEO Tim Cook, who emphasized his contributions to the company's AI advancements.

Apple has appointed a former Google executive as its new vice president of artificial intelligence, signaling a strategic move to bolster its AI capabilities. This hire comes as Apple seeks to enhance its technological offerings in a competitive landscape dominated by AI advancements.

India's telecom ministry has mandated that smartphone manufacturers preload all new devices with a state-owned cybersecurity app, Sanchar Saathi, which cannot be deleted. This initiative aims to combat a rise in cybercrime and enhance the security of 1.2 billion telecom users in the country.