July 15 (Reuters) – Apple is looking to buy chip companies to bolster its efforts to make server processors for \u200crunning AI, The Information reported on Wednesday, citing people familiar \u200cwith the matter. <\/p>\n
Here are some details: <\/p>\n
\u2022 The iPhone maker has approached chip startups \u200bto gauge their interest in a buyout and has spoken with bankers about possible deals, the report said. <\/p>\n
\u2022 Apple’s interest comes as it faces challenges with the performance of its in-house AI servers, which currently \u200crun on internally designed \u2060M2 Ultra chips, according to The Information. <\/p>\n
\u2022 It had originally planned to ship a future version of \u2060its AI server chip, known internally as “Baltra”, this year, but the project has been pushed back, people familiar with the matter told The \u200bInformation. <\/p>\n
\u2022 Apple \u200bdid not immediately respond to a \u200brequest for comment. Reuters could \u200cnot independently verify the report. <\/p>\n
\u2022 Earlier this year, Apple tried running Google’s Gemini models on its internal servers as part of a Siri overhaul, but the Mac-based chips could not handle the large model, forcing the company to run parts of the revamped assistant \u200con Nvidia chips in Google’s cloud \u200binfrastructure, the report said. <\/p>\n
\u2022 Apple has historically \u200bavoided large acquisitions, last \u200bmaking a deal in January for Q.ai, an Israeli \u200ccompany working on AI technology \u200bfor audio. <\/p>\n
\u2022 The \u200bcompany had $45.57 billion in cash and cash equivalents as of March 28, the end of its second quarter. <\/p>\n
\u2022 Last week, Apple \u200bsaid it plans \u200cto spend over $30 billion under a multi-year chip supply deal \u200bwith Broadcom, bolstering its domestic sourcing. <\/p>\n
(Reporting by Anhata Rooprai \u200bin Bengaluru; Editing by Sriraj Kalluvila) <\/p>\n","protected":false},"excerpt":{"rendered":"July 15 (Reuters) – Apple is looking to buy chip companies to bolster its efforts to make server…\n","protected":false},"author":2,"featured_media":804147,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,1572,276,277,49,48,282873,282872,61,161427],"class_list":["post-804146","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-apple","tag-artificial-intelligence","tag-artificialintelligence","tag-ca","tag-canada","tag-chip-companies","tag-server-processors","tag-technology","tag-the-information"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/804146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=804146"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/804146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/804147"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=804146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=804146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=804146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}