Apple Stock Predictions For 2020 and Beyond

Apple Stock Predictions For 2020 and Beyond

 

Apple Stock Predictions For 2020 and Beyond

Apple Inc. acquired Voysis, an artificial intelligence startup that developed a platform for digital voice assistants to better understand people’s natural language.

Dublin, Ireland-based Voysis focused on improving digital assistants inside online shopping apps, so the software could respond more accurately to voice commands from users. A now-removed company webpage said the technology could narrow product search results by processing shopping phrases such as “I need a new LED TV” and “My budget is $1,000.” Voysis provided this AI to other companies to incorporate it into their own apps and voice assistants.

Voysis’s system taps into Wavenets, an AI-based method for creating more human-like computer speech that was first developed by Google’s DeepMind in 2016. Voysis co-founder Peter Cahill said in 2018 that his company managed to shrink its system to the point where, once the AI is trained, the software uses as little as 25 megabytes of memory — about the same size as four Apple Music songs. That made it much easier to run on smartphones without an internet connection.

Apple could use the acquired know-how to improve Siri’s understanding of the natural language or to offer the Voysis platform to thousands of developers that already integrate with the Apple digital assistant. Apple has been the top buyer of AI startups in recent years and has a portfolio that already includes former startups including Turi, Xnor.ai, and Laserlike. Full Story

Apple Stock Predictions For 2020 and Beyond

AAPL Apple Inc. daily Stock Chart

A monthly close above 300, will send soaring to the 360-390 ranges with a possible overshoot to the 450 ranges. After that, it should pull back and test the 330 ranges, building a base for the next move to the 600 ranges. All sharp Pullback should be viewed through a bullish lens

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