Buying Samsung Galaxy S24 For AI Features? Nearly Half Of Them Require An Internet Connection To Work
Portfolio Pulse from Rounak Jain
Samsung Electronics Co Ltd. (OTCPK: SSNLF) has been promoting AI features in its new Galaxy S24, but a Reddit user's analysis shows that nearly half of these features require an internet connection. Of the 15 major AI features, seven need the internet, one works both ways, and seven are offline. Some key features like summarization and generative edits in the Gallery app are internet-dependent. These AI features are part of Galaxy AI, powered by Google's Gemini large-language model, and are free only for a limited time.

January 31, 2024 | 4:03 pm
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NEUTRAL IMPACT
Samsung's Galaxy S24 AI features requiring internet may affect consumer perception and sales, potentially impacting Samsung's stock.
The news may cause some concern among potential buyers who prefer or require offline functionality, which could impact sales. However, the overall impact on Samsung's stock may be limited as the company has a diverse product range and the AI features are just one aspect of the Galaxy S24.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Google's involvement in Samsung's Galaxy AI may garner attention for its Gemini large-language model, potentially affecting Google's stock.
Google's technology being used in Samsung's products could be seen as a positive endorsement of its AI capabilities, possibly leading to increased interest in Google's AI solutions. This might have a favorable impact on Google's stock in the short term.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 50