Tim Cook says Apple is ‘open to’ AI acquisitions

Tim Cook, CEO of Apple, says that the company is “open” for integration and acquisitions because it is “in a large way” that increases its investment in artificial intelligence, as CNBC reported. Cook data was made alongside the issuance of Apple profits in the third quarter of Apple, which revealed that the iPhone manufacturer made $ 94 billion between April and June, which represents a 10 percent increase over the same period last year.

The notes come as Apple continues to be considered behind the artificial intelligence race, with its efforts in the backward Apple intelligence in relation to its peers and the statement of some of its senior engineers. The company is increasingly turning into artificial intelligence companies for assistance – it has suggested that the Apple is open even to make large acquisitions to catch up with a knee.

When talking about artificial intelligence, Cook said that the company “includes it through our devices, through our platforms and through the company,” according to CNBC. Although Apple has described major plans to obtain an improved version of Siri’s artificial intelligence, the timing of its version is still not certain after the company was late in renewal. Craig Vidryji, of Apple SVP, said he was not “reliable” enough to be widely released.

“We are making good progress in Siri more specialized,” Cook said on Thursday’s call call. “We also re -customize a good number of people to focus on the features of artificial intelligence within the company.”

Despite the hiccups of artificial intelligence, the basic Apple companies are still strong. Apple has grown 13 percent on year on an annual basis to $ 44.6 billion. MAC’s revenues also witnessed a batch, as its revenues amounted to $ 8.1 billion, most likely due to the launch of a new Apple Air MacBook Air in March. Revenue from Apple services, which include subscriptions for things like Apple TV Plus, iCloud and Apple music, witnessed a 13 percent increase to $ 27.4 billion, which Apple says is “the highest level ever.”

There may be other challenges coming for those companies. In May, Apple said that president Donald Trump’s tariff could cost the company at least $ 900 million during the June quarter. There is an opportunity for these costs that may rise, as Trump threatened Apple with a “at least 25 percent” tariff if the company does not bring production to the United States. Apple has already transferred some of its production to India to reduce its dependence on China, a Trump’s move that is not a fan.

Apple is expected to launch the new iPhone 17 at some point in September. IOS 26 should be released almost at the same time, providing a “liquid glass” design language that is divided into some users.