Apple has given up on its multi-billion-dollar Titan electric car project and instead invested some of its employees in the field of generative artificial intelligence, attracting market attention. This move not only marks Apple's strategic adjustment, but also reflects the increasing importance of artificial intelligence technology in the current technology field. The positive reaction of Apple's stock price also confirms the market's recognition of this change. At the same time, Tesla's delivery volume growth and the rise of new Chinese car-making forces also constitute a complex background for the transformation of the global automobile industry.
Apple is abandoning its multibillion-dollar electric car project, with some employees moving to its generative artificial intelligence team. Apple's stock price continues to rebound, and the market has given positive feedback. Nearly 2,000 employees were informed that the project was over and transferred to the artificial intelligence department. Tesla CEO Musk responded. Apple's car-making originated from the "Titan" project in 2014, and eventually chose to withdraw from the car-making field. Tesla deliveries increased 38% year-on-year. China's new car-making force is expanding its market, and Xiaomi Motors is about to be released. Apple will continue to invest in XR and spatial computing in the future, and launch smart Siri in iOS 18.Apple's strategic shift and the competition among other technology giants in the field of artificial intelligence herald a new direction for future technology development. Apple focuses its resources on areas such as artificial intelligence and XR, which reflects its accurate judgment and active response to future technology trends. This will have a profound impact on the entire technology industry.