Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Startup Fintech’s payment labs secured $3.25 million in seed funding to facilitate payments in sports, the creative economy, e-sports, and more.

August 27, 2025

JPMorgan is betting heavily on the new AI frontier in finance.

August 27, 2025

Transforming curiosity into capability – TradingView News

August 27, 2025

JPMorgan is primarily focusing on the potential of AI to make finance more accessible through cryptocurrency.

August 27, 2025
Facebook X (Twitter) Instagram
Trending
  • Startup Fintech’s payment labs secured $3.25 million in seed funding to facilitate payments in sports, the creative economy, e-sports, and more.
  • JPMorgan is betting heavily on the new AI frontier in finance.
  • Transforming curiosity into capability – TradingView News
  • JPMorgan is primarily focusing on the potential of AI to make finance more accessible through cryptocurrency.
  • Yzi Labs backs USD.ai in the effort to enhance financial infrastructure for AI using stablecoins.
  • Robinhood’s IA Investing Tool Digests Launches in the UK
  • Charting the Future of AI in Indian Finance Management
  • Cloudwalk leads the open finance movement in Brazil, enhancing financial access for entrepreneurs through AI technology.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Robinhood’s IA Investing Tool Digests Launches in the UK

    August 27, 2025

    JMJ Fintech experiences fluctuations despite robust recent financial results and growth strategies

    August 16, 2025

    Revolutionizing Financial Independence through Cryptocurrency Adoption

    August 16, 2025

    Reasons Robinhood is poised for long-term growth in the evolving FinTech and cryptocurrency sectors.

    August 16, 2025

    As profits increase, PB Fintech makes another move into common funds.

    August 1, 2025
  • AI

    JPMorgan is betting heavily on the new AI frontier in finance.

    August 27, 2025

    JPMorgan is primarily focusing on the potential of AI to make finance more accessible through cryptocurrency.

    August 27, 2025

    Yzi Labs backs USD.ai in the effort to enhance financial infrastructure for AI using stablecoins.

    August 27, 2025

    Charting the Future of AI in Indian Finance Management

    August 27, 2025

    Cloudwalk leads the open finance movement in Brazil, enhancing financial access for entrepreneurs through AI technology.

    August 26, 2025
  • Acquisitions

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025

    The funding strategy for the Fintech company is secured.

    July 31, 2025

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025
  • Trends

    Vietnam’s fintech market projected to exceed 50 billion USD by 2030.

    August 21, 2025

    Silicon Valley Bank’s 2024 Fintech Report offers insights on funding trends, capital transactions, evaluations, and opportunities, including the growing focus on AI, as of October 31, 2023.

    August 18, 2025

    Future Fintech advances in the virtual asset industry by applying for a VSP license in Hong Kong.

    August 17, 2025

    A Driving Force for Fintech 2.0

    August 17, 2025

    Insights on the Future of Fintech in Asia

    August 17, 2025
  • Insights

    Updates on Blockchain, Fintech, and Finance from Coinlaw

    August 26, 2025

    The German Finch grape addresses LMA issues following the bafin correction order.

    August 26, 2025

    CM Majhi introduces i-gftch and bharatnetra to enhance Odisha’s fintech ambitions

    August 23, 2025

    Crypto and fintech leaders call on Trump to prevent banks from imposing data fees.

    August 19, 2025

    Breaking: Over 80 leaders in crypto and fintech urge Trump to prevent access to banking data, highlighting harm to consumers | Flash report details

    August 19, 2025
  • Rumors

    Is Ripple truly collaborating with a Swiss bank on digital identity?

    August 26, 2025

    Market Impact and Strategic Prospects

    August 15, 2025

    Speculation rises amid Figma’s success and OpenAI’s $500 billion evaluation discussions.

    August 14, 2025

    China does not confirm any new restrictions on cryptography amid market volatility rumors.

    August 11, 2025

    Reinstating Trust in Cryptocurrency: The Significance of Reliable Information

    August 2, 2025
  • Startups

    Startup Fintech’s payment labs secured $3.25 million in seed funding to facilitate payments in sports, the creative economy, e-sports, and more.

    August 27, 2025

    Fintech Kiwi startups Credright secure Series B funding.

    August 26, 2025

    Fintech governs startup financing in MENA, yet debt remains concealed.

    August 26, 2025

    From Hidden Beginnings to $6.7 Million: Kira Shares Insights on the Future of Fintech in Latin America

    August 26, 2025

    Philadelphia’s Fintech Initiative Seeks to Enhance Accessibility of Financial Advice

    August 26, 2025
  • finjobsly
fintechbits
Home » Apple roots veteran software executive to help fix AI and Siri
AI in Finance

Apple roots veteran software executive to help fix AI and Siri

5 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Fd565c7c6dda64ec7b29e772c8dbdc57.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

(Bloomberg) — Apple Inc. Executive Kim Vorrath, a company veteran known for fixing troubled products and bringing major projects to market, has a new job: whipping up artificial intelligence and Siri in shape.

Most read from Bloomberg

Vorrath, vice president of program management, was moved to Apple’s artificial intelligence and machine learning division this week, according to people with knowledge of the matter. She will be a top deputy to AI chief John Giannandrea, said the people, who asked not to be identified because the change has not been publicly announced.

The move helps strengthen a team that is working to make Apple a leader in AI – an area where it has lagged behind tech peers. The company has struggled to match the capabilities of Alphabet Inc.’s Openai, Meta Platforms Inc. and Google, and its Apple Intelligence platform has suffered from a slow and bumpy rollout.

The digital assistant Siri, revolutionary when it was unveiled in 2011, came to symbolize Apple’s shortcomings in AI. Upstarts like Openai have created their own, more versatile chatbots, and smartphone rival Samsung Electronics Co. has been quicker to weave artificial intelligence features into its software. Amazon.com Inc. is also adapting its Alexa platform for the world of AI.

Vorrath, who spent 36 years at Apple, is known for handling the development of difficult software projects. It also has procedures in place that can catch and fix bugs. Vorrath joins the new team in Apple’s Hardware Engineering division, where she helped launch the Vision Pro headset.

A spokesperson for Cupertino, Calif., Apple declined to comment on the move.

Over the years, Vorrath has contributed to many of Apple’s biggest efforts. In the mid-2000s, she was chosen to lead project management for the original iPhone software group and prepare the iconic device for consumers. Until 2019, she oversaw project management for the iPhone, iPad and Mac operating systems, before taking on Vision Pro software. According to people.

Before joining GiannanDrea’s organization, Vorrath spent several weeks advising Kelsey Peterson, the group’s previous chief of program management. Peterson will now report to Vorrath – as will two other AI leaders, Cindy Lin and Marc Schonbrun. Giannandrea, who joined Apple from Google in 2018, revealed the changes in a memo sent to staff members.

The move indicates that AI is now more important than the Vision Pro, which launched in February 2024, and is considered the company’s biggest challenge, according to a longtime Apple executive who asked not be identified. Vorrath has a talent for organizing engineering groups and creating an efficient workflow with new processes, the executive said.

According to the executive, it has been clear for some time that Giannandrea needs additional help managing an AI group with growing importance. Vorrath is poised to bring Apple’s product development culture to the AI ​​work, the person said.

This year, the artificial intelligence group is focused on overhauling Siri’s underlying infrastructure and improving the company’s internal AI models, Giannandrea said in the memo.

The company debuted its Apple Intelligence platform in October, but the initial version only included basic features like Text Text and Notification Summary. More advanced capabilities like Genmoji – a tool for creating personalized emoji via AI – have launched more recently.

Apple has promised to overhaul Siri as part of the AI ​​rollout, but that element isn’t ready yet. The company aims to release a new version of the digital assistant as part of iOS 18.4 in April, Bloomberg reported. The new version is designed to better answer queries by explaining customer data. It can also identify what is currently on a user’s screen and more precisely control apps on the device through a system called App Intents.

The current version of Siri has drawn criticism for not understanding requests and not carrying out simple commands. And even when the promised features do launch, they don’t match the capabilities unveiled by Samsung, which uses a mix of its own technology and Google’s Gemini platform.

Apple is working on an even more advanced version of Siri that includes a more conversational interface – something more in line with Chatgpt and other AI offerings. It won’t be ready until at least 2026, although Apple may preview the software this year, Bloomberg reported.

In another setback, Apple was recently criticized for inaccurate AI-generated summaries. In one case, the corporation summed up the BBC to falsely say that Luigi Mangione – accused of killing a healthcare executive – had shot himself.

Apple responded to the shutter by removing the feature for news and entertainment apps in its next software update. The company did not say when capacity would return.

Last year, Apple enlisted another top executive to help pass the order to Giannandrea’s group. When the company’s self-driving car project was shut down in February, longtime software director Kevin Lynch was moved to the AI ​​division. He now leads Apple’s secret robotics team within the organization.

When Giannandrea joined Apple seven years ago, he initially served as a vice president reporting to CEO Tim Cook. He was quickly promoted to Apple’s management team – a small executive of top brass. But in recent months, current and former executives have expressed concerns about its ability to transform Apple into a force in AI.

Vorrath has a chance to impose more discipline on the effort, according to the executive who asked not to be named. Although the Vision Pro was not a hit with consumers, it brought sanity and sanity to that product’s development team, the person said, and the software was greatly improved.

Most read from Bloomberg Businessweek

© 2025 Bloomberg LP

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

JPMorgan is betting heavily on the new AI frontier in finance.

August 27, 2025

JPMorgan is primarily focusing on the potential of AI to make finance more accessible through cryptocurrency.

August 27, 2025

Yzi Labs backs USD.ai in the effort to enhance financial infrastructure for AI using stablecoins.

August 27, 2025
Leave A Reply Cancel Reply

Latest news

Startup Fintech’s payment labs secured $3.25 million in seed funding to facilitate payments in sports, the creative economy, e-sports, and more.

August 27, 2025

JPMorgan is betting heavily on the new AI frontier in finance.

August 27, 2025

Transforming curiosity into capability – TradingView News

August 27, 2025
News
  • AI in Finance (1,534)
  • Breaking News (165)
  • Corporate Acquisitions (67)
  • Industry Trends (196)
  • Jobs Market News (305)
  • Market Insights (205)
  • Market Rumors (264)
  • Regulatory Updates (164)
  • Startup News (1,017)
  • Technology Innovations (166)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,534)
  • Breaking News (165)
  • Corporate Acquisitions (67)
  • Industry Trends (196)
  • Jobs Market News (305)
  • Market Insights (205)
  • Market Rumors (264)
  • Regulatory Updates (164)
  • Startup News (1,017)
  • Technology Innovations (166)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.