 This is a Bloomberg Money Minute. You don't need to replace iPhones with the Apple Watch as quickly as you did before, so that's making the company's artificial intelligence aims even more important. The new version of the Apple Watch, now approaching its 10th anniversary, is expected to include a new chip, which could set the table for some AI improvements ahead. It, however, will not run Apple Intelligence, the upcoming set of AI features that's planned for the iPhone, iPad, and Mac.