Apple Has No Need to Panic-Buy Its Way to AI Glory: Dave Lee

Now that the Big Tech conference season is behind us, the smart money in Apple Land is saying that Chief Executive Officer Tim Cook should be preparing to open his checkbook for a huge AI deal, so apparent are the company’s shortcomings.

Bloomberg News’ Mark Gurman reported this weekend:

The good news is, Apple has a cash hoard of more than $130 billion and a way out: It can buy its way into the future. The right acquisition could bring in the talent and technology Apple has clearly lacked — as evidenced by the struggles of its Siri voice assistant and ...