GTC Recap and Beyond: 10 AI Stocks on Investor’s Radar

6. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 166

Apple Inc. (NASDAQ:AAPL) is a technology company. On March 20, Bloomberg News reported that Apple is restructuring its leadership team to get its AI efforts back on track following months of delay. The company recently reported that its AI-powered Siri updates will be delayed until 2026, an announcement that came without any explanations.

As a result, Apple’s Siri virtual assistant will now be headed by Mike Rockwell, vice president in charge of the Vision Products Group. According to the report, CEO Tim Cook has lost confidence in AI head John Giannandrea’s ability to execute product development. The report further revealed that Rockwell, who is considered the brain behind Apple’s Vision Pro headset, will be reporting to software Chief Craig Federighi. This will completely remove Siri from Giannandrea’s command.