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Apple plans to ‘significantly’ grow AI investments and is open to M&A
Apple is open to M&A to accelerate its AI strategy, and says it's made seven acquisitions this year so far.
“Apple has always been about taking the most advanced technologies and making them easy to use and accessible for everyone, and that’s at the heart of our AI strategy,” he added. Ahead of its call, the company shared in an interview with CNBC that it’s open to M&A to accelerate its AI plans. Apple delivered better-than-expected iPhone sales and record revenue in Q3, which saw its stock pop in after-hours trading.
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