Apple's Scrapped Car Project Means AI and Headset Bets Are More Urgent
Apple is giving up on self-driving car plans to focus on generative AI and mixed-reality headsets.
Shifting towards generative AI industry allows Apple to avoid declining electric-vehicle market and focus on long-term profitable revenue streams. [ more ]
Software-defined vehicles market to be worth over $700bn by 2034 | Computer Weekly
The software-defined vehicle (SDV) market is projected to have a 35% CAGR in automotive software-related revenue by 2034, worth over $700bn annually.
SDVs require a constant cellular connection, touch-enabled screens, powerful compute systems, third-party apps, and in-vehicle payments for added features and convenience. [ more ]