The lack of AI development from Apple’s side might not adversely impact its earnings for the Q2 2025 period, but it is no secret that the company’s shareholders have started to display concern to the point where CEO Tim Cook’s replacement talks have also been reported about occasionally. According to analysts, Apple cannot succeed with its internal AI development, and since it has heaps of cash at its disposal, the company is recommended to acquire an entity that has succeeded in this area, such as Perplexity, for $40 billion to cover some much-needed ground against the competition. Talks about acquiring Perplexity […]
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