Apple is reportedly developing chips to run artificial intelligence software in data centers


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In other news, according to a report by the Wall Street Journal, Apple is reportedly developing chips to power AI software in data centers. Known as Project ACDC (Apple Chips in Data Center), this initiative has been underway for several years, although no clear timeline has been provided. Collaborating with Taiwan Semiconductor Manufacturing Co., Apple’s efforts aim to design and produce these chips. While the focus is likely on AI inference, it remains uncertain if tangible progress has been made.

In AI, inference involves trained machine learning models drawing conclusions from new data. While Apple’s move into AI chip development signifies a shift in the industry, experts note that the company is playing catch-up compared to competitors like Microsoft. CEO Tim Cook has indicated significant investment in AI, with an anticipated announcement at the Worldwide Developers Conference in June.

Despite a 4% drop in overall revenue, Apple’s fiscal second-quarter earnings surpassed expectations. The company also announced its largest-ever share buyback, resulting in a surge in share price.

For more details, read the full report on The Wall Street Journal.