Apple is reportedly seeking to acquire an artificial intelligence chip company as its in-house M2 Ultra chip is not sufficient to power advanced AI workloads.

According to TrendForce, Apple is reportedly seeking to acquire an artificial intelligence chip company. Apple's in-house M2 Ultra chip has been found inadequate to handle advanced AI workloads, forcing Apple to rely on Nvidia. The Apple AI server chip "Baltra" was originally scheduled to ship later this year but has been delayed.