Apple is 'open to' acquisitions to boost its AI roadmap
133d ago
Technology
Engadget

Apple is considering acquisitions to accelerate its artificial intelligence roadmap, according to CEO Tim Cook. During the company's third-quarter conference call, Cook stated that Apple is 'significantly growing out investments' in AI and remains open to mergers and acquisitions (M&A) to enhance its AI capabilities. Cook emphasized that Apple isn't limited to acquiring companies of a specific size. Apple has acquired approximately seven businesses this year across various fields, though none were financially significant. The company has been preparing for a big push into AI.