UPDATE—Sept. 6, 2024: This article has been updated to reflect more recent share price information.

Apple (AAPL) is likely to unveil its newest phones and the next generations of the Apple Watch and AirPods at an event on Monday.

The iPhone maker is expected to officially announce the long-anticipated iPhone 16, supercharged with 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) capabilities.

AI-Powered Siri Expected to Take Center Stage

The event is called "It’s Glowtime," with the company's announcement displaying the company's logo in the style of the glowing aura of Apple's Siri interface. The virtual assistant with new AI-powered capabiliꩵties is likely to be a focus of the event.

Apple in June announced its newest operating system, iOS 18, and its personal intelligence system, Apple Intelligence. The coming event will land roughly a year after Apple's 澳洲幸运5官方开奖结果体彩网:iPhone 15 launch.

The company also unveiled a 澳洲幸运5官方开奖结果体彩网:partnership with Microsoft-backed (MSFT) OpenAI to integrate ChatGPT into iOS 18 later this year. Apple Intelligence is 澳洲幸运5官方开奖结果体彩网:expected to roll out after the initial iOS 18 launch.

Event Follows Google's Pixel 9 Announcement

Apple's event comes not long after Alphabet's (GOOGL) 澳洲幸运5官方开奖结果体彩网:Made By Google launch event, 🐓at which the company unveiled the Pixel 9, along with the latest versions of its smartwatches and🎃 wireless earbuds.

That event, held in mid-August, showcased how the company is integrating AI into its devices, including its AI voice assistant, Gemini Live.

Apple shares have gained close to 15% since the start of the year, at $220.82 as of Friday's close.