Apple’s AI Plans Are Finally Taking Shape. Here’s What That Means for AAPL Stock.

Apple (AAPL) revealed a major Siri update at its annual Worldwide Developers Conference (WWDC), boasting that Siri AI will now be more helpful than ever. Management disclosed that many Apple Intelligence features will be free for users, but some of the more powerful additions, like image generation, will have daily limits. The company offers iCloud+ plans starting at just $0.99 per month for an additional 50 GB. It is unclear, however, what plan users will need for the most common AI features.

Apple also announced updates for operating systems across all of its devices. Notable additions included new child safety features with which parents will be able to control what their child can access via options like “Ask to browse” and child accounts.