Apple Fellow and App Store chief Phil Schiller will take on a board observer position at OpenAI, reports Bloomberg. Apple has been granted an observer role as part of its agreement with OpenAI, which will see ChatGPT integrated into iOS 18, iPadOS 18, and macOS Sequoia, and Schiller has been selected for the role. A board observer is an informal board position where the participant is able to attend and contribute to board meetings, but is not allowed to vote and has no control. OpenAI has also given a board observer role to Microsoft, so Apple and Microsoft will be on even footing with Schiller's new position. Given Microsoft's relationship with OpenAI, future board meetings could cover new arrangements between…

Apple stands apart from other tech firms working on artificial intelligence by focusing on user privacy. That stance earned Apple stock an analyst’s buy rating this week. Patrick Seitz for Investor’s Business Daily: ‎ Apple’s privacy position on AI should resonate with consumers, Rosenblatt Securities analyst Barton Crockett said in a client note. “Strong privacy is by far the top feature consumers want in AI, based on our recent U.S. survey, arguing for market share lift potential for Apple in AI, based on the unique privacy focus of Apple Intelligence, to date unmatched by Android,” Crockett said. Crockett upgraded Apple stock to buy from neutral. He also raised his price target to $260 from $196. Apple’s privacy-focused approach to AI…

The new ChatGPT app for Mac users integrates the AI into your daily tasks. It offers features the web version does not. (via Cult of Mac - Apple news, rumors, reviews and how-tos)

The ChatGPT app for Mac is now available to all users, OpenAI announced today. The app first came out in mid-May, but it saw a slow rollout that was limited to ChatGPT Plus subscribers until now. OpenAI says that the ChatGPT Mac app is meant to make it easier for users to access ChatGPT and to ask questions about email, screenshots, websites, and content on the Mac. With the ChatGPT app installed, you can press Option + Space on the keyboard to bring up a chat interface for asking ChatGPT a question. There's a built-in Voice Mode for having voice conversations with ChatGPT, a search feature for looking through past conversations, and more. With the wider rollout, no subscription plan…

Apple 3.0’s Philip Elmer-DeWitt has published analyst Daniel Ives’ note to Wedbush Securities clients regarding Apple, Nvidia, AI, and more. Philip Elmer-DeWitt for Apple 3.0: ‎ We believe over the next year the race to $4 Trillion Market Cap in Tech will be front and center between Nvidia, Apple, and Microsoft. Nvidia’s GPU chips are in essence the new gold or oil in the tech sector as more enterprises and consumers quickly head down this path with the 4th Industrial Revolution well underway. The AI Revolution starts with Nvidia and in our view the AI party is just getting started as its 9 pm in a party going till 4 am with the rest of the tech world now joining……

Apple may add other chatbot options to Siri and Apple Intelligence beyond the starting partner OpenAI – think Google’s Gemini, Baidu’s Ernie in China, etc. – until they have their own homegrown GenAI capabilities. Samantha Murphy Kelly for CNN: ‎ OpenAI CEO Sam Altman… who has emerged as the poster child for generative AI in the 18 months since the launch of ChatGPT, was not featured in Apple’s formal [WWDC] presentation, neither in person or via livestream. Nor did he join Apple CEO Tim Cook and other executives in a private press event about privacy and security and the partnership between the two companies. “I was not surprised Sam Altman did not appear on stage,” said Ben Wood, an analyst…