Key Points
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Amazon is planning to spend $200 billion on AI this year.
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Apple is cutting a deal with Alphabet to power a revamped Siri.
Artificial intelligence (AI) continues to be a driving force in the markets as the use cases for AI accelerate. Some of the newest ways people are using AI today are the agentic type, like having a large-language model (LLM) find the best flights or make a grocery order.
As the opportunity evolves, it’s expanding. According to Grand View Research, the AI market opportunity was $391 billion last year, and it’s expected to increase at a compound annual growth rate of 30.6%, reaching nearly $3.5 trillion by 2033.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Large hyperscalers have been investing billions in their platforms to grab market share, and they all offer their own take on AI…
https://www.aol.com/articles/amazon-vs-apple-better-artificial-143500492.html