I expect companies who integrate well with them to increase their value. For example, companies with proprietary data to integrate an LLM with. Another example could be a company that develops very capable agents.
Wallstreet cares about stocks. If models reach a point where it’s cheap, capable, and fast, why wouldn’t the S&P500 take off because of the huge boost to productivity? And some companies will take off more. That’s normal.
These shovel maker comments get tossed around a lot in any AI "bubble" talk. Yet, the shovel makers did not even come close to being the most profitable from the dotcom boom.
Others have developed Deep Learning based weather forecast models which much cheaper (orders of magnitude less compute), faster and more accurate than conventional physics simulation based models which costs billions of dollar to run.
There might exists companies which have already enough private, unique and valuable data that if used to develop models that can bring huge benefits.