Apple is getting ready for its annual Worldwide Developers Conference, as people are increasingly worried about its slower innovation and its struggle to keep up in the artificial intelligence (AI) race. This year's event is expected to be less exciting than before, focusing on big software changes. These changes include a new look for the iPhone's built-in apps and a new way to name its operating system updates. Even though there have been delays in improving Siri's AI features, Apple is still positive about its progress. However, as Apple deals with its AI problems, competitors like Google and Samsung are adding more AI to their products, making the gap wider. Also, possible government rules and trade disagreements are a risk for Apple, which could affect its money and how it makes products. These issues have caused Apple's stock price to drop by almost 20% this year, making it the third most valuable company in the world, after Microsoft and AI chipmaker Nvidia.