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Apple's Scrapped Car Project Means AI and Headset Bets Are More Urgent

(Bloomberg) -- In abandoning plans for a self-driving car, Apple Inc. is giving up on billions in potential revenue and the dream of selling what one executive called “the ultimate mobile device.” The hope is that other big bets — including generative AI and mixed-reality headsets — can make up the difference.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice Tow...
Andrew Girard Jeff Williams Kevin Lynch Stuart Bowers John Giannandrea Bloomberg Businessweek
Source: yahoo.com

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