According to a report from Benzinga, Needham analyst Laura Martin noted in a report on Apple that “Many of these companies (including AAPL) are about to get dwarfed by generative AI, in our view.”
She further noted that the arena of media and internet is particularly poised for an overhaul, thanks to generative AI. And she further noted that the companies that control the LLMs (Large Language Models) are poised for long-term success and sustainability.
Amazon/AWS, Microsoft/OpenAI and Google Cloud were highlighted as the companies and platforms with the most established providers in the emerging Generative AI space.