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To catch up in AI, Apple may need to make its biggest acquisition ever

  • Apple may need to make its biggest acquisition ever to improve its artificial intelligence capabilities for upcoming products like smart glasses and wearables.
  • Mark Gurman of Bloomberg News suggests that Apple's internal AI efforts have fallen short, particularly with Siri's performance.
  • Acquiring a startup such as Perplexity AI could help Apple catch up in the AI field and potentially lead the way.
  • Apple, with over $130 billion in cash reserves, has the opportunity to acquire talent and technology to enhance its AI development.
  • Leading AI companies like OpenAI and Anthropic PBC are unlikely acquisition targets due to their high valuations and existing relationships with other tech giants.
  • Perplexity AI is considered a feasible acquisition target for Apple, offering advantages despite not having cutting-edge foundation models like other AI developers.

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