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After years of secrecy, Apple has finally divulged some details on its much-hyped car project.
In an interview with >Bloomberg, Apple CEO Tim Cook confirmed the company is developing a self-driving system for cars, putting it in a race with rival tech giants such as Alphabet (Google’s parent) and Intel as well as ride-sharing giants Uber and Lyft and many of the major automakers.
“We’re focusing on autonomous systems,” Cook said. “It’s a core technology that we view as very important.”
He went on to describe the self-driving system as an artificial intelligence (AI) project that has the potential for “major disruption.” For example, just in the case of the auto industry, self-driving cars could lead to more people in cities choosing to skip owning a car, with automakers earning more of their revenue from offering rides instead of actually selling cars.
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Source : http://www.motorauthority.com/news/1110971_apple-finally-confirms-its-car-plans