AI Diversity in Mobile Tech
Shares in Alphabet (GOOGL) edged higher despite Samsung Electronics seeking to diversify AI assistants in its upcoming Galaxy devices. According to a Bloomberg report, Samsung is exploring options beyond Alphabet’s AI Assistant Gemini for its Galaxy S26 smartphone lineup expected next year.
Choi Won-Joon, president and COO of Samsung’s mobile division, revealed the company is in talks with multiple AI providers, including Microsoft-backed OpenAI and Perplexity AI, which is supported by Nvidia, SoftBank, and Amazon founder Jeff Bezos. The goal is to offer customers more choice and competitive AI experiences.
“We are talking to multiple vendors. As long as these AI agents are competitive and can provide the best user experiences, we are open to any AI agent out there,” said Choi.
Currently, Samsung’s Galaxy devices predominantly feature Alphabet’s AI models, similar to most Android phones. However, innovation and competition from rivals remain key risks for Alphabet and its investors.
Samsung’s Strategic Moves Beyond AI
Samsung is reportedly close to finalizing an investment deal with Perplexity AI and plans to integrate its app and assistant into its ecosystem. Like Apple, Samsung aims to enhance its AI capabilities by combining internal efforts with external providers’ technologies.
Beyond AI, Samsung is evaluating new application processors for the Galaxy S26. It is considering Qualcomm products alongside its in-house Exynos 2600 chipset. The recent Galaxy Z Flip 7 marked the first foldable device to use the Exynos chipset, as Samsung seeks to reduce reliance on Qualcomm and improve efficiency and thermal performance.
Alphabet Stock Outlook
On TipRanks, Alphabet (GOOGL) holds a Strong Buy consensus with 28 Buy ratings and 9 Hold ratings. The highest price target among analysts is $250, with a consensus price target of $214.56, implying an upside potential of approximately 11.65%.
For investors, Alphabet’s position remains strong despite Samsung’s search for AI alternatives, reflecting confidence in GOOGL’s technology and market leadership.
Source: TipRanks
FAQ
What are Samsung's plans regarding AI assistants?
Samsung plans to diversify its AI assistants beyond Alphabet’s AI Assistant Gemini by exploring options with various other AI providers like OpenAI and Perplexity AI.
Which companies are in talks with Samsung for AI integration?
Samsung’s talks include collaborations with AI providers like Microsoft-backed OpenAI and Perplexity AI, supported by Nvidia, SoftBank, and Jeff Bezos.
How is Samsung investing in AI?
Samsung is finalizing an investment deal with Perplexity AI and plans to incorporate its app and assistant into its ecosystem to enhance AI capabilities.
What other technological advancements is Samsung exploring?
Apart from AI, Samsung is assessing new application processors for the Galaxy S26, including Qualcomm products and the in-house Exynos 2600 chipset.
Crypto Market's Take
At Crypto Market AI, we understand the importance of evolving AI technologies in improving user experience and streamlining processes. Our
AI Tools Hub offers advanced AI-powered crypto trading bots and machine learning models that bring similar competitive edge and choice to crypto trading as Samsung aims to bring to its Galaxy devices. Our focus on providing AI-driven market analysis and efficient trading solutions aligns with the diversification strategies seen in the tech world.
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