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Apple is an extremely conservative minded company. Making a huge gamble on an overhyped overvalued company for a chance at a 10x return isn't in their DNA.

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or after building their own LLM that runs locally on Apple Sillicon they've decided that this technology is crazily overhyped

Apple survived with Siri for 10 years that is absolutely useless beside creating a timer … so they have time to wait and even use open source llms in the future.

It's almost as if people are willing to pay more for an iPhone than an assistant / LLM.

I asked Siri how much 500 mL of water weighed the other day and she said 0.13 gallons. I should have remembered a mL weighs a gram but still. Siri is dumber than dirt.

But why wait until the 11th hour to pull out?

They were on the round up until today.

I assume the valuation got too rich for their liking. $157B is even higher than what was speculated on the news in recent weeks.

> They were on the round up until today.

Not at all - their dropping out leaked last week, who knows how long ago they actually backed away from the table...

https://www.wsj.com/tech/apple-no-longer-in-talks-to-join-op...

Well that's a good reminder to not believe what I read on X.

Thanks for posting

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