Apple is reportedly building its own processor dedicated to artificial intelligence, called the Apple Neural Engine.
The chip may be required to help Apple power software in self-driving cars and augmented reality. It could also help improve Apple's Siri voice assistant on a local level.
Apple "plans to eventually integrate the chip into many of its devices, including the iPhone and iPad." Apple has already tested a version of an iPhone with the chip inside, but we might not see that in September when Apple launches its new iPhones.
Google already offers a dedicated AI processor known as the Tensor Processing Unit. Qualcomm has similar technology inside existing mobile processors.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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