China vs. USA – AI moves to Vancouver. The technology war is spreading with Microsoft reallocating employees from its lab in China to Canada and other South Asian countries competing hard to win the business that is leaving China. Microsoft established MRSA (Microsoft Research Asia) in Beijing in 1998 and it has grown over the subsequent years to become Microsoft’s...
Meta is no longer the laggard that it was. I have written many times about the weakness of Meta Platforms when it comes to AI but it has improved a lot over the last two years and now is in a position to offer a challenge to the leaders. Meta’s history with AI is bad. Between 2016 and 2020 most...
Open AI is both a blessing and a curse. There is no doubt that Open AI’s viral sensation with ChatGPT has caused Nvidia’s order books to be bursting at the seams, but at the same time, Open AI is engaging in a long-term strategy that could break Nvidia’s grip on the AI training market. Nobody, least of all Open AI,...
Open AI’s future is to be a subsidiary of Microsoft. Open AI has no intention of going public not because the CEO wants to maintain control over technology but because I think that Microsoft intends to acquire OpenAI and will not let anything else happen to it. Sam Altman is currently on a global charm offensive to bring regulators and...
Apple plants its flag in The Metaverse. Apple has announced its play for The Metaverse but by going at least 3 years early, it has been forced to make some hideous compromises in order to deliver the kind of experience that everyone has come to expect. The Apple Vision Pro is being touted as an augmented reality (AR) device, but...
The generative AI elephant is likely to be ignored. All of the attention will be on Apple this week where it is almost certain to make a play for the Metaverse in the hope that in all the excitement, everyone forgets just how far behind it is when it comes to AI. Apple’s developer conference kicks off today and for...
Meta will get more out of WWDC than Apple. Meta has crashed Apple’s party with the launch of the Meta Quest 3 which is almost certain to outsell Apple’s unit many times over meaning that Meta is the real beneficiary of any awakening of interest in The Metaverse caused by WWDC. The Meta Quest is 40% smaller than the Quest...
Apple is slowly consuming more of the economy. Ahead of WWDC Apple has released a report it had commissioned to examine the app economy on iOS revealing that while traditional app spending on iOS is broadly flat, usage of iOS to facilitate day-to-day retail spending is still growing extremely quickly. The Analysis Group has produced a report that headlines with...
Humans are the real risk. The big names in AI are now saying that mitigating the risk of the robots enslaving the human race is as important as dealing with pandemics or nuclear war which I think is either peak hyperbole or a cynical attempt to keep the smaller players out of the nascent AI industry. This statement from the...
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Artificial Intelligence – Lifecycle of a bubble
The 4th AI bubble is in full swing. I will be the first to admit that large language models (LLMs) can do far more than I expected but the problem is that expectations are now that super-intelligence is just around the corner which has triggered all the usual irrational behaviour that precedes a large correction as reality re-asserts itself. RFM...