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Ever since the artificial intelligence (AI) mania first gripped markets in 2023, Apple (AAPL) has been trying to convince Wall Street that it is very much in the race and not slacking off in its efforts, as many believe.
At times, the iPhone maker has been able to prove its point, particularly with the initial “Apple Intelligence” features that it revealed at its 2024 Worldwide Developer Conference (WWDC). However, this year’s WWDC was quite a lackluster event where the company did not reveal any groundbreaking features, and at best, seemed to play catch-up with other players.