Apple's cash rethink hints at a big AI acquisition on the horizon

1 min read
Source: MarketWatch
Apple's cash rethink hints at a big AI acquisition on the horizon
Photo: MarketWatch
TL;DR

Apple has abandoned its net-cash-neutral target, signaling that a major AI-focused acquisition could be in the works to close its AI gap. The move accompanies a broader AI strategy that mixes internal model development with a Google Gemini partnership, suggesting Apple may use debt to fund transformative deals. Analysts spotlight potential targets like Perplexity and Q.ai as signs that larger, inorganic growth could follow under the new leadership as demand for AI accelerates.

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