Tim Cook Reveals Apple’s Massive AI Bet—And Hints at Game-Changing Acquisitions
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Apple’s CEO just dropped a bombshell: The tech giant is going all-in on AI—and might swallow another company whole to do it.
Here’s why Wall Street should care (for once).
Cook didn’t hold back during Apple’s latest earnings call. ‘Significant’ AI investments are underway—though of course, he wouldn’t say how much of that $200B cash pile they’re burning. Typical corporate vagueness.
The real kicker? That acquisition tease. After years of sitting on their war chest like a dragon hoarding gold, Apple might finally make a move. Probably some overpriced AI startup that’ll ‘synergize’ beautifully into oblivion.
Meanwhile, investors are left reading tea leaves—because nothing says ‘innovation’ like vague promises and stock buybacks.