Apple allocated $5 billion just to artificial intelligence servers

Apple, which has been left behind in the artificial intelligence race, has accelerated its work within the company. Accordingly, it was claimed that investments were made in artificial intelligence servers for the coming years. In the first stage, it was stated that Apple installed a server worth 5 billion dollars.

Apple will buy $5.75 billion worth of artificial intelligence servers in two years

According to new estimates, Apple will greatly increase its investments in artificial intelligence in the next two years. It is predicted that the technology giant’s total expenditure on artificial intelligence servers will exceed 5 billion dollars.

Famous Apple analyst Ming-Chi Kuo stated in a note to investors that the company plans to purchase between 2 and 3 thousand artificial intelligence servers before the end of 2023. He announced that this figure will increase to 18 to 20 thousand in 2024.

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Kuo thinks that the high-end artificial intelligence server to be purchased from Nvidia will cost an average of 250 thousand dollars. Accordingly, the company’s expenses will reach approximately 620 million dollars in 2023. However, the real big expenditure is foreseen for 2024. Apple’s server purchases are expected to reach $4.75 billion in just one year.

This revealed that Apple wants to rapidly increase its capabilities in generative artificial intelligence and other technologies like ChatGPT. It seems possible that the projected two-year spending for artificial intelligence infrastructure will reach $5.37 billion.

Kuo underlined that Apple’s server orders are still low compared to other giants such as Meta and Microsoft. For example, Meta will purchase approximately 40 thousand artificial intelligence servers in 2024, while Microsoft will reach 100 thousand.

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