Investing.com -- Apple (NASDAQ: AAPL ) stock pared its losses to -0.4% following an earlier -1% dip after Bloomberg reported that the company plans to open its artificial intelligence models to third-party developers. The tech giant’s move is aimed at fostering the creation of innovative applications and enhancing the appeal of its devices.

The initiative, expected to be announced at Apple’s Worldwide Developers Conference on June 9, involves a new software development kit and frameworks that will enable developers to build AI features based on Apple’s large language models. These models currently power various iOS and macOS capabilities, such as notification summaries, text editing, and basic image creation.

Apple’s decision to provide developers with access to its AI models is part of a larger strategy to establish itself as a key player in the generative AI sector. Despite launching the Apple Intelligence platform last year to compete with other tech giants, the company has faced challenges with the platform’s adoption and the power of its AI features compared to those of its competitors.

Initially, Apple will allow developers to use its smaller models that operate directly on its devices, as opposed to the more complex cloud-based AI models that require server support. This approach is intended to encourage the integration of AI technology into specific app features or across entire applications.

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