Apple stock rises as smart home push and AI strategy draw investor focus
Apple is preparing to expand its presence in the smart home market, with the company set to unveil a new range of devices at an event in New York City next week. Apple has announced an event for October 13 titled "Welcome Home". The event is expected to feature a new smart home hub with a screen, an updated HomePod mini, and a refreshed Apple TV set-top box, said a Bloomberg News report. Apple could also introduce smart home products developed with LG Electronics, including a doorbell, cameras, a smart lock and a thermostat. The expansion comes as Apple looks to revive its HomeKit smart home platform while using its Siri AI assistant to strengthen its ecosystem. At the same…
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Apple stock rises as smart home push and AI strategy draw investor focus Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Invezz https://a2zai.ai/bytes/apple-stock-rises-as-smart-home-push-and-ai-strat...
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