On Monday, Apple unveiled its AI-enhanced iPhone 16, debuting the highly anticipated device shortly after Chinese rival Huawei began receiving orders for its tri-fold phone. “The next generation of iPhone has been designed for Apple Intelligence from the ground up. It marks the beginning of an exciting new era,” said Chief Executive Tim Cook at the launch event. With technology companies worldwide racing to integrate AI into their products, smartphones are emerging as a key battleground. Apple is hoping its AI features will attract consumers amid a slowdown in iPhone sales.