Apple Inc.AAPL
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Apple's cost-efficient AI strategy, using partnerships instead of massive capex, is praised by investors.

Apple shares rose to near record highs on Friday as investors praised the company's relatively modest spending on artificial intelligence. While rivals like Amazon and Alphabet plan to spend $200 billion each in 2026 alone on AI infrastructure, Apple has partnered with Alphabet, Nvidia, OpenAI, Alibaba, and Baidu to bring AI features to its devices without incurring massive costs. This collaborative approach is seen as prudent and cost-efficient, and investors are increasingly appreciating Apple's AI strategy.
Apple Inc.Apple's cost-efficient AI strategy, using partnerships instead of massive capex, is praised by investors.
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