Jefferies Downgrades Apple Inc. (AAPL) to Hold, Citing Need for Smartphone Hardware Overhaul Before AI Integration

The article discusses the latest developments in the AI industry, such as the Nobel Prize in Physics awarded for machine learning, funding for AI startups like OpenAI, and the massive investment projected in AI infrastructure. It also compares Apple Inc. (AAPL) against other AI stocks, highlighting potential investment opportunities.