Venture capitalist Fred Wilson said Tuesday he's not rooting against Apple, but he believes the tech giant isn't focused on what's driving the future of technology.
The founder and managing partner of Union Square Ventures told CNBC's "Squawk Box" he believes the biggest opportunities are in cloud computing and artificial intelligence. Apple hasn't invested as heavily as Amazon and Google in those areas, he added.
"The future of technology is more and more in the cloud. It's more and more in machine learning and AI. It's not really in the devices," Wilson said. "[Apple] is very much a hardware company and a systems software company."