Apple to spend $4.75 billion on AI servers next year as it desperately tries to catch up with rivals

A new report has revealed that despite plans to spend nearly $5 billion on AI servers next year, Apple is still struggling to keep up with its rivals.

Reputable industry analyst Ming-Chi Kuo has put up a Medium post, revealing that their recent study showed Apple buying 2,000-3,000 units of AI servers in 2023, with that number pushing up to 18,000-20,000 in 2024. This is a sizable jump from before but pales in comparison to the 40,000 Meta is buying and the 80,000-100,000 Microsoft is reportedly purchasing. 

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