Lo Toney Says AI Is Splitting The Magnificent Seven

Plexo Capital founding managing partner Lo Toney said AI is splitting the Magnificent Seven into separate camps rather than lifting them as one trade, with infrastructure control and monetization now the key divide. According to BeInCrypto, he put Google, Microsoft and Amazon in the hyperscaler group, while Meta and Apple use AI to support existing businesses and Tesla faces regulatory and profitability questions. Nvidia also stands apart, Toney said, as it profits while customers test the economics.