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Apple plans to ‘significantly’ grow AI investments, Cook says
AI investments are also driving increased CapEx spending, which was up year-to-date, the company said. However, Apple pointed out that it still employed a hybrid model where it relies on third parties to make capital investments, which is why the figure won’t grow exponentially.
“We’re very open to M&A that accelerates our roadmap,” Cook said in Apple’s third-quarter earnings report, according to CNBC.
Bowen Zhang, a key multimodal AI researcher at Apple, left the company on Friday and is set to join Meta’s recently formed ...
Apple CEO Tim Cook held an hourlong all-hands meeting in which he told employees that the company needs to win in AI: "Apple ...
Apple shook off a thicket of tariffs and a botched entry into artificial intelligence to accelerate its revenue growth during ...
Apple Inc. Chief Executive Officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees ...
Taiwan Semiconductor Manufacturing Company (TSMC) is powering AI innovation. Here is its strategy for borderless ...
2don MSN
Apple’s blowout earnings marred by tariff fears, a slow AI rollout, and the stock barely moves
“The risks to Apple are real,” she said. “Regulation is coming and tariffs are back in the headlines, with the US still ...
Tim Cook says the company is now significantly increasing its investment in AI, plus it confirms tariffs cost the business ...
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