Big AI acquisitions are not off the table under new CEO John Ternus

Apple knows that it needs to get really serious about AI server chips. There are signs that the company is willing to spend big under John Ternus to buy its way out of its AI problem.


We already know that Apple is looking at deals such as one with PrismML to improve its on-device processing and by The Information, Apple is showing signs it's ready to switch acquisition tactics. Instead of deals in the hundreds of millions of dollars, it's prepared to do more in the range of billions of dollars, rivaling the deals to get Beats and PA Semi.