Apple Leans Into AI Future with Investments in Chips, Software and Talent
-
Warren Buffett views Apple as "a better business than any we own" due to its beloved brand and integral products like the iPhone.
-
Apple invests heavily in AI, up to $1 billion per year on large language models and a ChatGPT-style chatbot.
-
Apple's new M3 chips greatly improve AI processing capabilities, making MacBooks top choices for AI developers.
-
The iPhone 15 utilizes the same advanced chip platform as M3, enabling more on-device AI applications.
-
Apple is poised to benefit from expanding AI use cases by bringing them to consumers via its massive installed base of devices.