Apple's AI Challenges: $10B Crisis and Future Reinvention Strategies
Apple CEO Tim Cook stated the company is open to mergers and acquisitions particularly as it significantly increases its investment in artificial intelligence AI according to a report by CNBC Cook made these remarks during the release of Apples Q3 earnings results which indicated a 10 percent revenue increase yearoveryear totaling 94 billion This comes amidst concerns that Apple is lagging in the AI race compared to its competitors like Meta which has been actively recruiting top AI talent from Apple