10 Must-Watch AI Stocks on Investors’ Radar

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 158

Apple Inc. (NASDAQ:AAPL) is a technology company that has strengthened its mark in the AI realm with the launch of Apple Intelligence, its personal intelligence system. However, one AI feature on the iPhone has been sparking mistrust and frustration amongst users. The feature, which summarizes user notifications through AI, has been spreading misinformation lately. It falsely claimed that British darts player Luke Littler had won the championship before it happened, also said that Tennis legend Rafael Nadal had come out as gay, and even reported that Luigi Mangione, the man arrested following the murder of UnitedHealthcare CEO Brian Thompson in New York, had shot himself. On January 6, Apple Inc. told CNBC that it was working on an update to resolve the problem. The company said it will be adding a clarification that shows when Apple Intelligence is responsible for the text displayed in the notifications. In more recent developments, BBC reported on January 17 that the company has suspended this new artificial intelligence (AI) feature for now, as it has been drawing criticism and complaints for making repeated mistakes in its news headlines’ summaries.

“We are working on improvements and will make them available in a future software update”.

-Apple spokesperson said.