financetom
Business
financetom
/
Business
/
Apple launches new iPad mini with AI features
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple launches new iPad mini with AI features
Oct 17, 2024 1:12 PM

(Reuters) - Apple ( AAPL ) on Tuesday launched its new generation of the iPad mini packed with AI features including writing tools and an improved Siri assistant, as the iPhone maker races to boost its devices with artificial-intelligence capabilities.

The new iPad mini is powered by Apple's ( AAPL ) A17 Pro chip, which is used in the iPhone 15 Pro and Pro Max models. With a six-core central processing unit, the A17 Pro would boost CPU performance by 30% compared to the current generation iPad minis and is central to running Apple Intelligence, Apple's ( AAPL ) AI software.

Apple ( AAPL ) said it would roll out the first set of AI features in the U.S. version of the English language this month through a software update with iPadOS 18.1.

The features will be available for iPads with A17 Pro or M1 chips and later generations, Apple ( AAPL ) said, adding it will roll out additional features including image-generation tools, Genmoji and ChatGPT-powered capabilities over the next several months.

Apple ( AAPL ) in September unveiled its long-awaited, AI-boosted iPhone 16 lineup, but with the AI features still in test mode, the company failed to excite some investors while early sales data raised some questions around demand.

Still, research firm Canalys on Monday said the iPhone 16 would help Apple's ( AAPL ) sales in the fourth quarter and drive momentum into the first half of 2025, after Apple ( AAPL ) reached a record high third-quarter shipments.

The iPad mini, starting at $499, is available for pre-orders starting on Tuesday and will begin arriving to customers and Apple ( AAPL ) store locations next week, Apple ( AAPL ) said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Steel CEO confident Nippon Steel deal will close
US Steel CEO confident Nippon Steel deal will close "on its merits"
Sep 17, 2024
Sept 17 (Reuters) - U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's ( NISTF ) $14.9 billion bid for his company would close on its merits, despite political opposition and concerns raised in a national security review. Burritt, speaking at the Detroit Economic Club, described the review process as very robust, but added, we trust...
Update: Market Chatter: JPMorgan Advances Talks to Run Apple Credit Card Program
Update: Market Chatter: JPMorgan Advances Talks to Run Apple Credit Card Program
Sep 17, 2024
01:28 PM EDT, 09/17/2024 (MT Newswires) -- (Updates with more details from third paragraph onwards.) JPMorgan Chase ( JPM ) is in advanced talks with Apple ( AAPL ) to take over the tech giant's credit card program from Goldman Sachs ( GS ) , the Wall Street Journal reported Tuesday. Talks began earlier this year and have progressed in...
Update: Google to Rework Chile Data Center Project Amid Environmental Concerns
Update: Google to Rework Chile Data Center Project Amid Environmental Concerns
Sep 17, 2024
01:18 PM EDT, 09/17/2024 (MT Newswires) -- (Updates with Google ( GOOG ) statement throughout.) Alphabet's (GOOG, GOOGL) Google ( GOOG ) will go back to the drawing board regarding plans to construct a data center in Chile's capital amid environmental concerns over the project, the company told MT Newswires Tuesday. Google ( GOOG ) has informed Chile's environmental regulator...
Barrick Gold Expects Gold-Equivalent Production to Rise 30% by the End of the Decade
Barrick Gold Expects Gold-Equivalent Production to Rise 30% by the End of the Decade
Sep 17, 2024
01:13 PM EDT, 09/17/2024 (MT Newswires) -- Barrick Gold ( GOLD ) expects a 30% rise in production by the end of the decade from its current mines and projects, chief executive Mark Bristow said. In a release based on a speech to a gold conference, Bristow said the company expects gold-equivalent ounces to rise by nearly a third from...
Copyright 2023-2026 - www.financetom.com All Rights Reserved