Tech Giants Leverage Partnerships and New Chips to Advance AI Capabilities
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Microsoft's partnership with AI leader OpenAI is paying dividends, bringing AI capabilities across Microsoft's products and funneling OpenAI's compute needs through Azure.
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Qualcomm's new Snapdragon chip supports advanced AI features in smartphones, and the company is expanding its AI capabilities more broadly into IoT, auto, and laptops/tablets.
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Meta Platforms combines a highly profitable ad business that generates strong cash flows with ambitious investments in AI research, making it an intriguing tech giant/start-up hybrid.
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Meta is one of the largest buyers of Nvidia's flagship H100 AI chip, using 350,000 units this year to train its AI models and power its metaverse and AGI goals.
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At current valuations, Microsoft, Qualcomm, and Meta offer opportunities to buy into top AI capabilities at reasonable prices for long-term investing.