APPLE DEBUTS IPHONE 16 WITH AI SOFTWARE IN AMERICAN ENGLISH COMING NEXT MONTH

Apple on Monday unveiled its artificial intelligence-boosted iPhone 16, showing off the long-awaited phone hours after Chinese rival Huawei's (HWT.UL) tri-fold phone began racking up orders."The next generation of iPhone has been designed for Apple Intelligence from the ground up. It marks the beginning of an exciting new era," Chief Executive Tim Cook said at a product launch.

Apple and technology companies around the world are racing to add AI to products, and phones are expected to be one of the most important battlegrounds. The Cupertino, California-based company also is betting the AI feature will drive consumers to upgrade amid a slowdown in iPhone sales.

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