Trump’s AI lunch included everyone but Apple
Key Points:
- Apple was notably absent from a White House meeting hosted by President Trump with top tech executives to discuss the future of artificial intelligence, with neither Tim Cook nor John Ternus attending.
- Despite speculation that Apple is lagging in AI, Altimeter Capital CEO Brad Gerstner dismissed this, emphasizing Apple's ongoing engagement with AI developments and its continued relationship with the Trump administration.
- Apple focuses on smaller, efficient AI models designed for its own hardware, like those powering Siri, rather than the large-scale "frontier" models developed by companies like OpenAI and Anthropic.
- The company has maintained a low public profile on AI safety and alignment debates, contrasting with other tech giants who actively participate and signed a recent White House AI safety accord.
- Apple’s stock performance remains strong, up 22.5% in 2026, reflecting investor confidence despite its quieter stance on AI compared to other major technology firms.