Who's the Biggest Winner From Apple Intelligence? It's This AI Stock, Not Apple.

Apple (NASDAQ: AAPL) unveiled the latest steps in its artificial intelligence (AI) strategy on Monday with its "Glowtime" event focused on its iPhone 16 lineup, its first new phone launch since it introduced Apple Intelligence back in June.The latest line of phones will all be compatible with the new generative AI features, scheduled to launch on iOS 18. Apple's rollout of the new phones and Apple Intelligence will be perhaps the biggest test of demand for generative AI technology yet.Cloud infrastructure companies and start-ups have poured billions of dollars into AI infrastructure, buying Nvidia components and filling up data centers in order to create and run generative AI applications like ChatGPT, but so far, there hasn't been a significant business beyond increased demand for hardware components.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool