"They are getting ready to do some significant M&A," said Daniel Ives at Wedbush Securities. "I'd be shocked if they don't do a sizable AI deal this year, because there's an AI arms race going on, and Apple is not going to be on the outside looking in."
According to a recent research note from Morgan Stanley, almost half of Apple's AI job postings now include the term "Deep Learning." The company hired Google's top AI executive, John Giannandrea, in 2018.
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