Tim Cook confirms Apple will ramp up AI spending, ‘open’ to acquisitions

Tim Cook 1754013110293 1754013110530


Apple first unveiled its artificial intelligence strategy at the company’s WWDC event last year. More than a year later, some of the iPhone maker’s so-called ‘Apple Intelligence’ features have still not arrived, while the rollout of many others has been marred by unwanted surprises.

However, CEO Tim Cook remains committed to Apple’s AI roadmap. During the recent earnings call on Thursday, he stated that the company is “significantly growing our investments” in artificial intelligence. In an interaction with CNBC, Cook also noted that Apple is “embedding it across our devices, across our platforms and across the company.”

Tim Cook confirms Apple’s openness to acquisitions

More importantly, perhaps for the first time ever, Cook confirmed that Apple is open to acquisitions in order to accelerate its AI roadmap. He also noted that Apple had acquired “around” seven companies this year, but none of them had been “huge in terms of…



Source link

Disclaimer


We strive to uphold the highest ethical standards in all of our reporting and coverage. We 5guruayurveda.com want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on. For any glitch kindly connect at 5guruayurveda.com

Leave a Reply

Your email address will not be published. Required fields are marked *