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iPhone-Maker Will Be Reliant On ChatGPT-Dad or mum, Google, And Meta For Delivering AI Options, Says Gene Munster: ‘Apple Will Leverage Tech From OpenAI To Create New Gadgets, Like AirPods With Cameras’ – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)

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August 31, 2024
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iPhone-Maker Will Be Reliant On ChatGPT-Dad or mum, Google, And Meta For Delivering AI Options, Says Gene Munster: ‘Apple Will Leverage Tech From OpenAI To Create New Gadgets, Like AirPods With Cameras’ – Alphabet (NASDAQ:GOOG), Apple (NASDAQ:AAPL)
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Gene Munster, managing companion at Deepwater Asset Administration, predicted that Apple Inc. AAPL will leverage ChatGPT-parent OpenAI for a considerable a part of its AI functionalities.

What Occurred: In keeping with Munster, Apple’s funding in OpenAI may imply that the tech behemoth is probably not aiming to construct a rival, complete massive language mannequin (LLM.)

As a substitute, the tech big would possibly depend on Microsoft Corp.-backed MSFT OpenAI, Alphabet Inc.’s GOOG GOOGL Google, and doubtlessly Meta Platforms Inc. META for about a 3rd of its AI options sooner or later.

See Additionally: Steve Jobs As soon as Stated He Was A Millionaire At 23, Value $10M By 24, And Had $100M by 25 — This Formed His Determination To Keep On A $1 Wage All through His Time At Apple

He additionally speculated on why shoppers would possibly desire Apple’s model of OpenAI. “The reply is Apple can herald your private AI into the equation, that can end in a dramatically extra beneficial AI expertise for Apple customers.”

Munster concluded by saying that Apple may leverage OpenAI’s expertise to develop modern gadgets.

“Apple will leverage tech from OpenAI to create new gadgets, like AirPods with cameras which might be a recreation changer in wearables. This may compete with what Meta and Google are constructing within the sensible glasses house,” the managing companion said.

My tackle $AAPL investing in OpenAI:

1) It is a signal that Apple shouldn’t be seeing a path the place it is sensible to construct a aggressive, full function LLM.

2) What meaning is they will be reliant on OpenAI, Google, and perhaps even Meta to ship a few third of their AI…

— Gene Munster (@munster_gene) August 30, 2024

Subscribe to the Benzinga Tech Developments e-newsletter to get all the newest tech developments delivered to your inbox.

Why It Issues: Munster’s feedback about Apple’s potential reliance on OpenAI for its AI options come after reviews of the tech big’s curiosity in investing in OpenAI.

Earlier this week, it was reported that iPhone-maker was in discussions to put money into OpenAI, the corporate behind the favored ChatGPT AI chatbot. This funding was a part of a fundraising spherical that would worth the AI firm at over $100 billion.

Nonetheless, the potential funding has additionally re-ignited controversy. Tesla and SpaceX CEO Elon Musk, who co-founded OpenAI in 2015 and subsequently left it in 2018, has questioned the legality of the startup’s transition from a non-profit to a for-profit mannequin.

Try extra of Benzinga’s Client Tech protection by following this hyperlink.

Learn Subsequent: 

Disclaimer: This content material was partially produced with the assistance of Benzinga Neuro and was reviewed and printed by Benzinga editors.

Photograph courtesy: Shutterstock

Market Information and Information delivered to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.





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Tags: AirPodsAlphabetApplecamerasChatGPTParentCreatedeliveringDevicesFeaturesGeneGoogleiPhoneMakerLeverageMetaMunsterNASDAQAAPLNASDAQGOOGOpenAIReliantTech
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