Editor’s Note: This article was previously published as “Why We’re Excited About the Next Wave of AI Growth” in June 2024. It has since been updated to reflect the most recent data.
When it comes to potentially making a fortune in the stock market, the key is to always invest in the following big thing. Don’t focus on what’s big today – focus on what will be big tomorrow.
In July 2024, for example, all eyes are on what is known as AI 1.0: AI software and chatbots like ChatGPT. Since their appearance, they have conquered the world and continue to be very popular.
But when it comes to what will be important tomorrow, we focus on AI 2.0 – an emerging AI technology that Elon Musk himself says could make You’re here (TSLA) A A $25 trillion company!
Today, Tesla is not even worth $600 billion. So we are talking about a growth potential of more than 40 times if this is true. In any case, it is safe to say that Elon Musk is as optimistic as possible about the future of AI 2.0. And he is not the only one.
Nvidia (NVDA), the darling of the AI revolution, is also betting big on AI 2.0.
So they are Microsoft (MSFT) – the world’s largest AI company – and Amazon (AMZN). Even OpenAIthe leader of AI 1.0, claims a role.
All are investing millions of dollars in AI 2.0.
This is the next wave of AI – the next big thing. And, yes, It’s a tech megatrend you need to invest in today if you want to make a potential fortune.
AI 2.0: the rise of the robot
So what exactly East AI 2.0?
The practical application of AI technologies via humanoid robots.
Yes, I’m talking about AI-powered robots like the ones you’ve seen in science fiction movies like “iRobot.”
This application may seem utopian, but humanoid robots are already under development. This new wave of AI is here.
Don’t believe me? Well, Nvidia also recently announced the introduction of the Project GROOT Foundation AI model, designed to improve the performance of humanoid robots, as well as a new system-on-chip called Thor intended for robotic use.
The move comes as notable companies such as OpenAI, Microsoft, Tesla (more on that in a moment), Amazon and Intel (INTC) are investing heavily in the development of humanoid robots. With the arrival of Nvidia, the advent of sophisticated robots seems imminent. And we are head over heels for this compelling investment opportunity in AI robotics.
In fact, as I write this, Tesla is developing a humanoid robot called Optimus. And it can already do things like fold clothes, lay eggs, exercise, and dance.
Tesla sees a world in the not too distant future where these robots are everywherehelping people around the world with menial tasks like cooking, cleaning, organizing, etc.
Elon Musk has even said that over time, Optimus could become more important than Tesla’s core vehicle business.
In fact, he thinks the future is upon us. Last week, he predicted that there would be “over 1,000 or a few thousand Optimus robots working at Tesla” by 2025.
It’s next year.
He also predicted that Optimus would make Tesla a $25 trillion company, more than 40 times its current valuation and 8 times Apple’s market cap.
And we don’t think he’s delusional. If he is, then it seems Jeff Bezos is too.
Former Amazon founder and CEO reportedly investing $100 million in humanoid robot startup called FigureAI.
He clearly sees a bright future for humanoid robots as well.
And guess who else is investing in FigureAI? Bezos’ former company, Amazon. The titan is pumping $50 million into FigureAI. So is Microsoft, which has committed $95 million to the startup, not to mention Nvidia’s $50 million.
And what about OpenAI? The creator of ChatGPT is already FigureAI’s largest investor and is injecting an additional $5 million into the company.
Additionally, Intel and Samsung are also reportedly currently investing in FigureAI.
The last word
My friends, it seems the writing is on the wall.
You might consider AI-powered humanoid robots to be a mere science fiction concept.
But like the world’s most powerful people, AI’s top innovators clearly believe that humanoid robots are the next frontier, too.
They consider them AI 2.0 and are currently spending millions of dollars creating this technology.
We believe we’re currently witnessing the next evolution of this boom. And that means it’s time to grab your piece of the pie.
Find out how to do this right now with some of our favorite actions.
As of the date of publication, Luke Lango did not hold (either directly or indirectly) any positions in the securities mentioned in this article.
PS You can keep up to date with Luke’s latest market analysis by reading our daily notes! Check out the latest issue on your Investor in innovation Or Early Stage Investor subscriber site.
