Apple Is Playing an Expensive Game of AI Catch-Up

Killing Apple’s Car Project to Accelerate R&D Budget #

Apple’s decision to terminate its ambitious car project will have a positive impact on its R&D budget. By scrapping the project, Apple will free up resources that can be reallocated to other research and development initiatives. However, when compared to other major tech companies, Apple still falls behind in terms of network scale and relative investment. This move reflects Apple’s strategic shift away from entering the automotive industry and towards focusing on other areas of growth and innovation.