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Amazon vs. Apple: Which Is the Better Artificial Intelligence (AI) Stock to Buy Today? [Globe and Mail, The (Toronto, Canada)]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
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 development. Amazon (NASDAQ: AMZN) , in its inimitable way, has been the flashiest hypserscaler, and it's planning to spend $20
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