Apple CEO Tim Cook ‘Very Open’ to AI Acquisitions, Plans to Increase Investments: Report

Apple CEO Tim Cook reportedly highlighted that the company is planning to “significantly” increase investments in artificial intelligence (AI) technology. The statements were made on Thursday as part of the CEO’s remarks alongside Apple’s third-quarter earnings report. As per the report, the Cupertino-based tech giant is also open to the merger and acquisition route to catch up in the AI race.

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