Apple’s Flagging AI Hopes Get Revival From DeepSeek’s Emergence

(Bloomberg) — Concerns over Apple Inc.’s first-quarter results have met with 11th-hour optimism that it could eventually benefit from the same force that recently wreaked havoc on the tech sector.

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The emergence of Chinese artificial intelligence startup DeepSeek is seen as a positive for Apple as cheaper AI models could contribute to a long-anticipated — and so far unrealized — iPhone upgrade cycle and re-acceleration in growth. The outlook for AI and…