The iPhone 15 Pro and Pro Max will have built-in Thread radio.

gelberhut@lemdro.id to Technology@beehaw.org – 41 points – Apple's iPhone 15 Pro bests all Android phones in future smart home preparedness
androidauthority.com

The iPhone 15 Pro and Pro Max will have built-in Thread radio, so they can directly communicate with smart home devices. Old iPhones could probably be used as a smart home hub.

I think this the most interesting update of the event.

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So does that means devices or people around me would be able to use my internet quota?

No it usually works like this:

  1. Plug in/turn on your smart device (light bulb, temperature sensor, etc)
  2. Open a smart home app on your phone (Apple and Google both include one in the OS, or you can use third party apps)
  3. Click "add device"
  4. It'll pop up a QR code scanner, scan the QR code that came with the device

Once scanned, it will do whatever is necessary to connect the device to your home network.

It's a flexible system that can use a variety of network technologies... (wifi, ethernet, bluetooth, thread, ultra wideband, etc). It will pick the best one available. And switch technologies automatically if one of them becomes unavailable.

Thread has about the same range as wifi, but it uses a lot less power. It doesn't really have enough bandwidth for something like a video camera, but it's great for light bulbs, temperature sensors, etc.