Already a leader in smartphone production, with Samsung making this move into AI-powered phones, other companies, such as Apple, may feel the need to accelerate their own AI offerings.
All of this comes after multiple reports estimate that generative AI tools and the hardware that power them are expected to see CAGRs of at least 30% over the next ten years. So the move by Samsung to push AI-powered smart devices seems to be in keeping with market demand.
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