Source: Business Insider
Apple CEO Tim Cook says rising AI costs have made price hikes for iPhones and other products "unavoidable. "WWDCWe've gotten used to lots of reasons for higher prices: Remember supply chains? Tariffs?Now we're getting a new one: AI data centers. Apple CEO Tim Cook is one of many corporate leaders who say the AI boom is pushing their costs way up — and they're going to pass those costs onto consumers.
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