 I'm Nicole Murray with Your Money Now. During an interview with CNBC, CEO of Chinese smartphone maker Honor, George Zhao, said the transforming power of artificial intelligence is of no value unless user data is protected. His comments come as Apple announced it will start rolling out personalized AI tools on certain devices in the U.S. this fall. Zhao added, quote, we say user data doesn't leave the device. That is a principle we adhere to.