Channel NewsAsia
Channel NewsAsia
AsiaPac · 1 hrs ago

Apple chasing AI chip company deals, The Information reports

July 15 : Apple is looking to buy chip companies to bolster its efforts to make server processors for running AI, The Information reported on Wednesday, citing people familiar with the matter.Here are some details:• The iPhone maker has approached chip startups to gauge their interest in a buyout and has spoken with bankers about possible deals, the report said.• Apple's interest comes as it faces challenges with the performance of its in-house AI servers, which currently run on internally designed M2 Ultra chips, according to The Information. • It had originally planned to ship a future version of its AI server chip, known internally as "Baltra", this year, but the project has been pushed back, people familiar with the matter told The Information.• Apple did not immediately respond to a r
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