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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on May 20, 2025

    Featured image for article about Headlines

    (Reuters) -Apple is preparing to allow third-party developers to write software using its artificial intelligence models, in a push to boost the creation of new applications, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.

    The tech major is working on a software development kit and related frameworks that would allow outsiders to build AI features based on the large language models that the iPhone maker uses for Apple Intelligence, the report said.

    Apple Intelligence — the company's own set of AI features, including capabilities such as rewriting emails, summarizing notifications and editing photos — was rolled out last year.

    The company expects to unveil the plan at its Worldwide Developers Conference on June 9, Bloomberg said. Apple did not immediately respond to a Reuters request for comment.

    Opening up its AI models would let developers integrate the underlying AI technology into specific features or across their full apps, Bloomberg reported.

    Apple will begin with opening up its smaller models that run on its devices, rather than the more advanced cloud-based AI models that require servers, the report added.

    The move could help Apple, viewed by some analysts as a laggard in AI, compete against rivals, such as Samsung Electronics, that have spruced up their devices with features powered by the likes of Google.

    It could also boost the appeal of Apple Intelligence among developers and users, after a roll-out marked by delays.

    Developers have so far been able to integrate Apple's AI tech into their applications, but have not been able to use Apple's AI models to develop and power their own AI features.

    (Reporting by Deborah Sophia in Bengaluru; Editing by Alan Barona)

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