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Apple could spend $5B on servers to catch up in AI race

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Apple’s attempts to catch up with the rest of the market in the generative AI field could cost more than first thought, with it potentially spending more than $5 billion over two years just on servers.
Apple’s attempts to catch up with the rest of the market in the generative AI field could cost more than first thought, with it potentially spending more than $5 billion over two years just on servers.
On Sunday, it was reported Apple has committed to spending in the region of a billion dollars annually just on its AI efforts. In a Monday post, TF Securities analyst Ming-Chi Kuo proposes the amount could be much higher than that.
Writing on Medium, a survey by Kuo reveals Apple intends to purchase between 2,000 and 3,000 AI servers in 2023, and possibly between 18,000 and 20,000 servers in 2024.

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