trending Market Intelligence /marketintelligence/en/news-insights/trending/ciu2S3pWBWFBWrtPtj4ENQ2 content esgSubNav
In This List

Report: Apple developing AI chip for devices

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

TMT Digital Newsletter: May 2021

Blog

Fintech Intelligence Digital Newsletter: May 2021


Report: Apple developing AI chip for devices

Apple Inc. is developing a chip that will handle artificial-intelligence related tasks on devices, Bloomberg News reported May 26, citing a source familiar with the details.

The chip, internally called Apple Neural Engine, will reportedly be used by the devices to handle tasks such as facial recognition and speech recognition.

Apple is expected to highlight some of its AI-related advancements at its annual developer's conference in June.

A report in April indicated that the company was working to introduce its own battery-saving chips for the iPhone as early as 2019.