AI: According to a report, Apple is on the right track

A note from the American investment bank JP Morgan concerning forecasts for Apple in terms of artificial intelligence has just been published. Right now, JP Morgan is in the green, and its stock price (JPM) on the NYSE is currentlythe highest ever since its launch (around $196).While this does not ensure reliable Apple forecasts from JP Morgan, it is still reassuring, and lends credence to what they are saying.

Apple could get ahead of the others

When the news about potential talks with Google toinclude Gemini to iOShas leaked, many Internet users have torched and/or mocked Apple for not yet having released its own AI model. However, according to JP Morgan, this agreement could on the contrary be beneficial to Apple, which would benefit from feedback from the second most used model in the world. At the same time, Apple will be able tocontinue to develop and perfect its own internally.

According to JP Morgan, Apple can overtake the competition by developingsmall AI models that it would integrate directly locally on iPhone, Mac, etc.The latter would not depend on a server, as is the case with large LLMs which want to do everything.

The investment bank believes Apple excels at local development and optimization, and this may be the strategy it adopts in the future. Especially since recent advances in this areapublished by Apple researchersseem to correspond to this idea.

Appleinsider comments on this:

Apple can focus on smaller integrated models that protect user privacy rather than releasing a controversial LLM that relies on piles of data found on the web. Customers get the best of both.

Other evidence supports Apple's plans with leaks about an internal tool called Ask, trained on a local knowledge database. It has been described as more adaptive than an LLM and flexible with database changes.

With these predictions, JP Morgan is rather optimistic and expects Apple (AAPL) to target USD 215 in the future. The record (ATH) is currently 199 USD.

Finally, room for specificity?

When ChatGPT appeared, it created widespread hope, even panic, about what was possibledevelopment of general AIwhich can do everything, and which would have been the logical continuation of ChatGPT.It could beHoweverthat the real revolution is in the specificity, For now. Once many successful small AI models have shaped the world, the idea of ​​general AI may eventually return to the table.

In a recentpapierwhere he talks about the relationship between OpenAI and Elon Musk, Sam Altman shared his vision regarding the future of AI and ChatGPT. He confides that the development of general AI requires processing an astronomical amount of data, and thatwe are still far from it.

The man has also been widely criticized in recent weeks, notably by Elon Musk, who accuses ChatGPT of being increasingly woke, and advised OpenAI to rename itself “ClosedAI» in a publication. He promises to stop the proceedings against her if she complies.

To ClosedAI and I will drop the lawsuit

— Elon Musk (@elonmusk)March 6, 2024

Elon Musk should have originally been part of the ChatGPT project, as the main shareholder of OpenAI, but he left along the way. He then developedGrok, who hasn't been talked about much since the announcement.

The world's richest man filed a lawsuit against Sam Altman's company two weeks ago. He accuses OpenAI of having abandoned its initial commitments, which promised a non-profit model, to “the good of humanity».

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By : Keleops AG