#Apple Car

Apple reportedly developed a powerful chip equivalent to four M2 Ultras combined. Apple Silicon team was heavily involved in the car project and the development of the new chip was "nearly finished". Apple has officially cancelled its decade-long, multi-billion-dollar electric car project. 

Apple has reportedly cancelled its electric car project after a decade-long, multi-billion-dollar effort to rival Tesla. According to Bloomberg, Apple's senior executives decided to wind down the electric car project in recent weeks. Nearly 2000 employees were working on the project, some employees will be moved to Apple’s Generative AI team led by John Giannandrea. Others might be asked to switch to other Apple teams and there will be layoffs as well.