Apple CEO Tim Cook has for the first time confirmed that the company is working on autonomous driving technology, Bloomberg reports. When asked about the tech giant's intentions in the automotive field during a recent Bloomberg Television interview, Cook said that the company is "focusing on autonomous systems." Cook hinted that there are applications for Apple's technology besides powering self-driving cars: "Clearly one purpose of autonomous systems is self-driving cars," he said. The revelation comes after rumors have circulated for years about Apple's plans to expand more deeply into the car market. The initiative, said to be called Project Titan, was reportedly launched in 2014.