Apple is planning to debut its first pair of smart glasses next year, according to a report from Bloomberg. The upcoming glasses will reportedly come with cameras, microphones, and speakers, “allowing them to analyze the external world and take requests via the Siri voice assistant,” Bloomberg says.

The report from Bloomberg outlines why Apple has been struggling with its AI strategy. Sources claim Apple Intelligence “wasn’t even an idea” before ChatGPT was launched in late 2022, and that head of software engineering Craig Federighi was “reluctant to make large investments in AI” without a clear end goal.

Tom Forte, Maxim Group senior consumer internet analyst, joins 'Money Movers' to discuss Apple following the news of OpenAi investing in former iPhone designers company.

Apple has pulled out all the stops to tout shiny new AI tools. Now, the company is facing questions about what it’s promised versus what it’s delivered.

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Apple Inc. is aiming to release smart glasses at the end of next year as part of a push into AI-enhanced gadgets, but it has shelved plans for a smartwatch that can analyze its surroundings with a built-in camera.

More details are trickling out about Jony Ive and Sam Altman’s new AI device. In a post on Thursday, Apple analyst Ming-Chi Kuo says his research indicates that the device could be larger than Humane’s AI pin, but with a “form factor as compact and elegant as an iPod Shuffle.”

Details leaked to the Wall Street Journal give us a clearer picture of OpenAI's acquisition of io, cofounded by Ive, the iconic iPhone designer. The ChatGPT maker reportedly plans to ship 100 million AI devices designed to fit in with users' everyday life.