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Apple parks its electric car project in sign of EV industry’s struggles

Tech giant pulls plug on ‘Project Titan’ to fund a multibillion-dollar bet on generative artificial intelligence
Apple’s chief Tim Cook. The company’s move to exit carmaking comes as it has also lagged behind on releasing generative AI

Around a decade ago, Tim Cook travelled to Munich to see BMW. 

The Apple chief executive spent several days touring its factories and design studios, according to two people with knowledge of the trip.

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