Apple Debuts AI-Powered iPhone 16: A New Era in Smartphone Technology

Apple has unveiled the iPhone 16 with AI enhancements, including a boosted Siri. The new model features improved hardware and software, including a customizable camera button, titanium design for higher-end models, and a new AI chip. Apple also introduced new Watches and AirPods with health-focused capabilities.

On Monday, Apple introduced the highly anticipated iPhone 16, which boasts advanced artificial intelligence features designed to enhance the Siri personal assistant, among other functionalities. According to Tim Cook, Apple's Chief Executive, the iPhone 16 signifies the dawn of a new era for Apple Intelligence.

Despite the excitement around the launch, Apple's stock closed at a relatively unchanged $220.91, highlighting investor caution in the face of stiff competition from China's Huawei, which is set to release its tri-fold phone. Apple's new AI capabilities aim to spur upgrades despite a slowdown in iPhone sales.

Apart from the iPhone 16, Apple also revealed new Watches and AirPods equipped with health-oriented features such as sleep apnea detection and emergency response functionalities. These additions are part of Apple's broader strategy to integrate AI into its product lineup, positioning the company to compete with rivals like Google's Android-based devices.

(With inputs from agencies.)