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Will the new iPhone trigger a wave of upgrades? Citigroup highly praises Apple's AI potential and lists it as the preferred stock, with a target price as high as $255.
Citi believes that the AI industry will transition from the infrastructure phase to the device phase, and Apple is expected to shine in the AI device era with "Apple Intelligence". AI will also be a major highlight of Apple's September new product launch event. IDC forecasts that by 2028, over 70% of smart phones will have generative AI capabilities.
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Nvidia Earnings Show AI Is a Long Game
Mihayo has established a new company in Shanghai; Teslink has received another large investment with a valuation of over 20 billion; Apple and Nvidia are reportedly in talks to invest in OpenAI|AI daily morning news.
① Huawei announces its half-year performance; ② Blizzard China: "Netease's lawsuit against Blizzard wins in the first trial" is not true, this case has not entered the substantive trial stage of the first trial; ③ Security of data and privacy "Self-discipline initiative for the generative artificial intelligence industry" released.
Apple is reportedly in talks to invest in OpenAI, and Nvidia is also interested in participating in the investment.
①On Wednesday, there was news that OpenAI is in talks for a new round of financing, planning to raise billions of dollars with a valuation of over $100 billion; ②Insiders said that Apple is negotiating to invest in OpenAI, and Nvidia has also discussed joining the latest financing of OpenAI.