Apple
Apple finance chief explained the company uses a 'hybrid' capital investment model combining operating expenses through partners with proprietary chip infrastructure.
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Tim Cook confirmed Apple is significantly increasing AI investments and is 'very open' to acquisitions of any size to accelerate its AI roadmap, though the company's capex spending remains substantially lower than Google, Meta, and Microsoft.
“Apple finance chief explained the company uses a 'hybrid' capital investment model combining operating expenses through partners with proprietary chip infrastructure.”