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Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial ...
“We’re very open to M&A that accelerates our roadmap,” Cook said in Apple’s third-quarter earnings report, according to CNBC.
Tim Cook says the company is now significantly increasing its investment in AI, plus it confirms tariffs cost the business ...
AI investments are also driving increased CapEx spending, which was up year-to-date, the company said. However, Apple pointed ...
Speaking to investors during Thursday's earnings call, Tim Cook didn't appear worried that advancements in AI could replace the iPhone.