Apple introduces new Siri and AI features

Apple investors reacted cautiously to the next generation of its artificial intelligence platform, which is crucial for the company to catch up with its Silicon Valley rivals in a critical market.

The new Apple Intelligence system – based on Google technology – was unveiled on Monday during a keynote presentation at the company’s Worldwide Developers Conference. Software chief Craig Federighi called the update, which includes a revamped digital assistant Siri, a significant improvement over the company’s current software.

Siri is “smarter, more knowledgeable and more powerful,” Federighi said.

Still, many of the new features are similar to features Apple has previously unveiled – only to delay their launch…