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Apple Intelligence won't launch in EU in 2024 due to antitrust regulation, company says - TL;DR CNBC

Apple Intelligence won't launch in EU in 2024 due to antitrust regulation, company says

Publishing timestamp: 2024-06-21 15:01:33


Summary

Apple will not release its Apple Intelligence AI product and three other new features in the European Union in 2024 due to privacy concerns stemming from the Digital Markets Act. The company is working with the EU to find a solution. The loss of the AI product could disappoint consumers. Apple shares were largely flat on the news.


Sentiment: MIXED

Tickers: AAPLMETAMSFTAMZNGOOGGOOGL

Keywords: meta platforms inctechnologyentertainmentgenerative aimicrosoft corpalphabet class cbreaking newsamazon.com incbreaking news: technologyartificial intelligenceapple inciphonebusiness newsalphabet inceu

Source: https://www.cnbc.com/2024/06/21/apple-ai-europe-dma-macos.html


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