Apple has developed an AI-powered image compression technology called PICO. This new method can reduce bitrate by up to two-thirds while maintaining image quality. The technology is expected to improve efficiency in image handling and transmission. AI
IMPACT This technology could significantly improve image transmission efficiency and reduce storage needs across various applications.
RANK_REASON The article describes a new technology developed by a company, which falls under the 'tool' category as it's not a core AI release or significant industry event.
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