Apple signals willingness to boost AI spending and consider major acquisitions

Apple Inc (NASDAQ:AAPL, ETR:APC) chief executive Tim Cook has indicated the company is prepared to step up investment in artificial intelligence, including spending more on data centres and remaining open to acquiring larger businesses in the sector. This marks a shift for Apple, which has typically preferred small, targeted acquisitions and has relied on third-party data centre providers for much of its cloud infrastructure.