"Apple Shifts Focus from Electric Car to AI Initiatives"

TL;DR Summary
Apple has reportedly halted its decade-long efforts to develop a self-driving electric car, with employees from the project being reassigned to the company's artificial intelligence division. The decision comes amidst disappointing electric vehicle sales in the industry, despite Apple's previous steps indicating serious commitment to the project, including hiring automotive executives, obtaining permits for testing self-driving vehicles, and acquiring a self-driving car startup. Speculation had suggested that Apple might partner with carmakers for car operating systems or self-driving software.
Topics:business#apple#artificial-intelligence#automotive-industry#electric-car#self-driving#technology
- Apple cancels work on an electric car, reports say CNN
- The Apple Car Is Dead, Long Live The Apple Car (Play) Forbes
- Apple Ends Quest to Build Its Own Electric Vehicle The Wall Street Journal
- Apple Missed With Its Car Project, Why AI Move Needs to Score Big. And 5 Other Things to Know Before Markets Open. Barron's
- Watch Apple Winds Down Car Project, Turns Focus to AI Initiatives Bloomberg
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