“We’re very open to M&A that accelerates our roadmap,” Cook said in Apple’s third-quarter earnings report, according to CNBC. “We are not stuck on a certain size company, although the ones that we have acquired thus far this year are small in nature.” Apple reported that overall revenue grew 10% year over year.

Cook says Apple is ‘reallocating’ more people to its AI team.

Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment,