Apple CEO Tim Cook says the company is “open” to mergers and acquisitions as it “significantly” increases its investment in AI, as reported by CNBC. Cook’s statements were made alongside the release of Apple’s third-quarter earnings results, which revealed that the iPhone-maker raked in $94 billion between April and June, marking a 10 percent increase over the same period last year.
The remarks come as Apple continues to be seen as behind the AI race, with its efforts on Apple…