AI breakthrough: The next big thing to bet on

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Editor's note: This article was previously published in June 2024 as “Why we are excited for the Next Wave of AI Growth”. It has since been updated to reflect the latest data.

When it comes to potentially making a fortune in the stock market, the key is always to invest. next The Big Thing Don't get bogged down in what's big today – focus on what will be big tomorrow.

Here in July 2024, for example, all eyes are on what we're calling AI 1.0 – AI software and chatbots like ChatGPT. Since their appearance, they have taken the entire world by storm and are very popular.

But when it comes to what's going to be big tomorrow, we're focused on that. AI 2.0 – An emerging AI technology that Elon Musk himself can create. Tesla (TSLA) a $25 Trillion Company!

Now, Tesla isn't even worth $600 billion today – so, if true we're talking about more than 40X potential upside. Regardless, it's safe to say Musk is as bullish as you can be on the future of AI 2.0. And he is not alone.

Nvidia (NVDA), the poster child of the AI ​​revolution, is also betting big on AI 2.0.

So there are Microsoft (MSFT) – the world's largest AI company – and Amazon (AMZN). even Open AIthe leader of AI 1.0, claims.

All are pouring millions of dollars into AI 2.0.

This is the next wave of AI – the next big thing. and yes, This is one tech mega-trend 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? Is AI 2.0?

Real-world application of AI technologies through humanoid robots.

Yes, I'm talking about AI-powered robots like you've seen in science fiction movies like “iRobot.”

AI breakthrough: The next big thing to bet on 2

This application may seem like a pie-in-the-sky dream. But humanoid robots are already in development. This new AI wave is here.

Don't believe me? Well, Nvidia also recently announced the introduction of the Project GROOT Foundation AI model, designed to boost the performance of humanoid robots, as well as a new system called Thor for robotic use. There is a chip.

This initiative is supported by notable companies such as OpenAI, Microsoft, Tesla (more on that in a moment), Amazon and more Intel (INTCInvest heavily in the development of humanoid robots. With Nvidia joining the fray, the arrival of the latest robots seems imminent. And we are looking forward to this great investment opportunity in AI robotics.

In fact, as I write, Tesla is developing a humanoid robot called Optimus. And already, it can do things like folding clothes, making eggs, exercising and dancing.

Tesla sees a world in the not-too-distant future where these are robots. EverywhereHelping people all over the world complete menial tasks like cooking, cleaning, organizing, and more.

Elon Musk is even on record saying that over time, Optimus could grow bigger than Tesla's core vehicle business.

In fact, he actually thinks the future is just around the corner. This past week, he predicted that by 2025, “more than 1,000, or a few thousand, Optimus robots will be working at Tesla”.

That's next year.

He also predicted that Optimus would make Tesla worth $25 trillion, more than 40X its current value and 8X Apple's market cap.

And we don't think he's delusional. If he is, it seems like Jeff Bezos should be too.

The former Amazon founder and CEO is reportedly pouring $100 million into a humanoid robot startup. Figure AI.

Clearly, he sees a bright future for humanoid robots as well.

And guess who else is investing in FigureAI? Bezos' old company, Amazon. Titan is pouring $50 million into FigureAI. So is Microsoft, with a $95 million commitment to the startup — not to mention $50 million from Nvidia as well.

Or how about OpenAI? The creator of ChatGPT is already FigureAI's largest investor, and is pouring another $5 million into the firm.

In addition, Intel and Samsung are also reportedly investing in FigureAI right now.

The last word

Looks like the writing is on the wall, folks.

You might think of AI-powered humanoid robots as just a sci-fi concept.

But as with the world's most powerful people, AI's biggest innovators clearly think that humanoid robots are also the next frontier.

They see them as AI 2.0. And they're devoting millions of dollars to building this technology right now.

We believe we are seeing the next evolution of this boom unfold. And that means it's time to grab your piece of the pie.

Find out how to do just that with a few of our favorite stock picks.

As of the date of publication, Luke Lango had no position (directly or indirectly) in the securities mentioned in this article.

PS You can stay up to speed with Luke's latest market analysis by reading our Daily Notes! Check out the latest issue on your Innovation Investor or Early stage investor Subscriber site.

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