Apple has made the decision to halt its highly anticipated "Project Titan," an initiative aimed at developing an electric car, as reported by Bloomberg. The company conveyed this internal announcement on Tuesday, indicating that a significant portion of the 2,000-person team involved in the project will transition their focus towards generative AI endeavors. Jeff Williams, Apple's chief operating officer, along with Kevin Lynch, a vice president overseeing the project, informed employees about the discontinuation of Project Titan, according to Bloomberg. The report further suggests that there will be layoffs, although the extent of the workforce affected remains unclear. Rumors surrounding Apple's pursuit of building its own electric vehicle have circulated for years, with recent speculation indicating ongoing efforts in the project. Wired disclosed earlier this month that Apple had logged over 45,000 miles in 2023 using its autonomous driving technology. Bloomberg, i...