Tim Cook says Apple acquired over half a dozen AI companies this year, and is “very open” to buy even more
By
Neha Kumari
Apple CEO Tim Cook says that the company is “significantly growing” its artificial intelligence investments and remains “very open” to acquisitions that could accelerate its AI roadmap, marking a strategic shift as the company faces mounting pressure to catch up with Silicon Valley rivals in the AI race.
Speaking during Apple’s third-quarter earnings call, Cook revealed the company has already acquired approximately seven companies this year, though he noted they were “small in nature” compared to potential future deals.
