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: AAPL, META, MSFT, AMZN, GOOG, GOOGL,
Keywords: meta platforms inc, technology, entertainment, generative ai, microsoft corp, alphabet class c, breaking news, amazon.com inc, breaking news: technology, artificial intelligence, apple inc, iphone, business news, alphabet inc, eu,
Source: https://www.cnbc.com/2024/06/21/apple-ai-europe-dma-macos.html