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Apple shares fell 3% on Tuesday, a day after the company revealed new artificial intelligence software at its annual Worldwide Developers Conference. Apple announced new frameworks that will allow app developers to tap into Apple's AI on iPhones and Macs, called Apple Intelligence, as well as a new version of Siri called Siri AI that's based on large language models. Apple also revealed that it is using a cloud model "comparable" to so-called frontier models with help from Google and Nvidia.

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