Apple CEO Tim Cook Warns That The Global AI Boom Could Make Higher Prices For iPhones, Macs And Other Devices Unavoidable
Apple CEO Tim Cook has warned that rising costs linked to the global artificial intelligence (AI) boom could eventually lead to higher prices for consumers, as technology companies compete for increasingly scarce and expensive computer components. Speaking amid growing industry concerns over the cost of AI development, Cook said demand for advanced memory and storage chips has surged as companies invest heavily in AI-powered products and infrastructure. The increased demand […]
