Apple knows that it needs to get really serious about AI server chips. There are signs that the company is willing to spend big under John Ternus to buy its way out of its AI problem.
We already know that Apple is looking at deals such as one with PrismML to improve its on-device processing and Siri’s capabilities. Apple also wants to further its server-based AI processing too.
According to an article published on Wednesday by The Information, Apple is showing signs it’s ready to switch acquisition tactics. Instead of deals in the hundreds of millions of dollars, it’s prepared to do more in the range of billions of dollars, rivaling the deals to get Beats and PA Semi.
So far in 2026, this has included an agreement to buy Q.Ai in January. That deal is valued at $2 billion, making it the second largest behind the $3 billion purchase of Beats in 2014.
That Q.Ai deal nets Apple a machine learning company from Israel, that specializes in interpreting speech based on a person’s facial micro-movements. PA Semi ultimately led to advancements in the A-series processor, leading to the full roll-out of Apple Silicon.
It won’t be the only big-money deal on the table. During the second quarter earnings, CFO Kevan Parekh warned that Apple was shifting from its long-term policy of being net cash neutral, balancing debt with cash reserves.
The indication means Apple is more willing to spend those cash reserves on big acquisitions.
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