Apple curtailed car development
After information appeared that Apple had abandoned the development of self-driving electric vehicles, there was a strong reaction from users, as well as executives of large companies.
Elon Musk's comment was the shortest, he posted two emoji: an emoticon saluting and a cigarette.
Li Xiang, CEO of Li Auto, said: «Apple's decision to abandon the car business and focus on artificial intelligence was absolutely the right strategic choice».
Li Xiang believes that if Apple develops new artificial intelligence, it will become a $10 trillion company, and if it fails, it will become a $1 trillion company.
Lei Jun, founder of Xiaomi Group, noted the following: «I was shocked when I saw this news. Xiaomi strategy — «a complete ecosystem for people, cars and families». We are well aware of the complexity of creating a car. We still made an extremely strong strategic choice 3 years ago and are serious about creating a good car for Mi» fans.
Previously it became known that some Apple employees will be transferred to the department that develops generative AI.