Workflow
Facing questions on AI strategy, Tim Cook says Apple is 'very open' to acquisitions
AppleApple(US:AAPL) CNBCยท2025-07-31 23:36

While Apple was never going to announce major acquisitions or initiatives on an earnings call, CEO Tim Cook's remarks on Thursday confirm that the company is going to invest more heavily in the technology. Cook said Apple is going to "significantly" grow the company's investments in AI. He added that Apple was always looking to buy companies of any size that could help it develop its AI offerings. Tim Cook arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Reso ...