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Investor Steve Eisman believes that Apple is a 'hidden AI play' due to its products becoming central hubs for AI applications. As AI apps start to emerge, consumers are expected to transition from using phones to laptops. Eisman suggests that Apple could see significant growth potential, especially with a potential partnership with Google on the horizon.
Eisman's perspective on Apple as a key player in the AI space diverges from the current market focus on semiconductor chipmakers like Nvidia and AMD. He anticipates that Apple's devices will be in high demand once AI apps become prevalent, driving the need for new phones, iPads, and laptops. Other analysts, including Bernstein's Toni Sacconaghi, also foresee Apple's AI capabilities shaping future products like the rumored AI-enabled iPhone 16.
Insider Monkey on MSN.com 14month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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