Buffett Bets Big on Apple's Quiet Pursuit of AI
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Warren Buffett has made a large investment in Apple, seeing it as a long-term bet even though Apple has been quiet on AI compared to competitors like Microsoft and Alphabet.
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Recent acquisitions like DarwinAI show Apple may be making some AI moves, but the company has been typically secretive about its plans.
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Analysts theorize Apple could leverage AI to improve its App Store and hardware devices.
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Apple is reportedly in talks with Alphabet and OpenAI to potentially use their AI models, an unusual move for such a closed, in-house innovator.
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Apple's stock is expensive compared to competitors, but if AI developments pan out, it could be a generational buying opportunity for long-term investors.