After years toiling away in secret on its car project, Apple Inc chief executive officer Tim Cook has for the first time laid out exactly what the company is up to in the automotive market: It is concentrating on self-driving technology.
“We’re focusing on autonomous systems,” Cook said in an interview on Bloomberg TV on Monday last week. “It’s a core technology that we view as very important.”
“We sort of see it as the mother of all AI [artificial intelligence] projects,” Cook said in his most detailed comments to date on Apple’s plans in the car space. “It’s probably one of the most difficult AI projects actually to work on.”
Apple had initially been seeking to build its own car, before recalibrating those ambitions last year to prioritize the underlying technology for autonomous driving, Bloomberg News reported.
The iPhone maker had hired more than 1,000 engineers to work on Project Titan, as the car team is known internally, after it started in 2014.
Ballooning costs and headcount led to Apple veteran Bob Mansfield being given the reins of the team last year.
Cook has never before openly outlined Apple’s plans, although public filings have surfaced in recent months that provided snapshots of Apple’s efforts.
Apple in April secured a permit from the California Department of Motor Vehicles to test three self-driving sports-utility vehicles, photographs of which emerged several weeks later.
A half-dozen vehicles had been surreptitiously testing the autonomous technology on public roads in and around the San Francisco Bay area for at least a year, according to someone familiar with Project Titan.
In December last year, Steve Kenner, Apple’s director of product integrity, penned a letter to the US National Highway Traffic Safety Administration revealing the company’s interest in automotive technology. It became public when it was published on a federal Web site.
In the letter, Kenner wrote about the company’s excitement surrounding the potential for automated systems in fields like transportation.
“There is a major disruption looming there,” Cook said on Bloomberg TV, citing self-driving technology, electric vehicles and ride-hailing. “You’ve got kind of three vectors of change happening generally in the same time frame.”
In the interview on Bloomberg TV, Cook was hesitant to disclose whether Apple will ultimately manufacture its own car.
“We’ll see where it takes us,” Cook said. “We’re not really saying from a product point of view what we will do.”
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) share of the global foundry market rose to almost 70 percent last year amid booming demand for artificial intelligence (AI), market information advisory firm TrendForce Corp (集邦科技) said on Thursday. The contract chipmaker posted US$122.54 billion in revenue, up 36.1 percent from a year earlier, accounting for 69.9 percent of the global market, TrendForce said. Its share was up from 64.4 percent in 2024, it said. TSMC’s closest rival, Samsung Electronics, was a distant second, posting US$12.63 billion in sales, down 3.9 percent from a year earlier, for a 7.2 percent share of the global market. In the
At a massive shipyard in North Vancouver, Canadian workers grind metal beams for a powerful new icebreaker crucial to cementing the country’s presence in the increasingly contested arctic. Icebreakers are specialized, expensive vessels able to navigate in the frozen far north. And “this is the crown jewel,” said Eddie Schehr, vice president of production at the Seaspan shipyard. For Canadian Prime Minister Mark Carney, who heads to Norway next Friday to observe arctic defense drills involving troops from 14 NATO states, Canada’s extreme north has emerged as a strategic priority. “Canada is and forever will be an Arctic nation,” he said ahead of
Chinese entrepreneur Frank Gao used to spend long hours running his social media accounts but now outsources the chore to artificial intelligence (AI) agent tool OpenClaw, which is taking China by storm despite official warnings over cybersecurity. OpenClaw, created in November by an Austrian coder, differs from bots such as ChatGPT because it can execute real-life tasks such as sending e-mails, organizing files or even booking flight tickets. “Since January, I’ve spent hours on the lobster every day,” Gao said in an interview, referring to OpenClaw’s red crustacean mascot. “We’re family.” After downloading OpenClaw, users connect it to artificial intelligence models of their