The Next AI Opportunity You Can't Miss

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As the current wave of Artificial Intelligence is peaking, I believe we're witnessing the next evolution in the AI boom right now.

Key Takeaways:

• Currently, AI 1.0, featuring AI software and chatbots like ChatGPT, is capturing everyone's attention. These technologies have rapidly become global sensations.

• Meanwhile, major industry players, including Nvidia, are already shifting their focus to what's next: AI 2.0, or humanoid robots.

• Although AI-powered humanoid robots might seem like a sci-fi concept, leading AI innovators believe they represent the next big leap in AI technology. They're investing millions to bring this vision to life.

AI - Why We’re Excited for the Next Wave of AI Growth

Investing in the stock market is about anticipating the future, not just riding the current wave. In May 2024, AI 1.0, with its popular software and chatbots, is the focus. However, the real opportunity lies in AI 2.0—emerging technologies like humanoid robots that even Elon Musk is betting on.

Musk isn't alone. Companies like Nvidia, Microsoft, Amazon, and OpenAI are also investing heavily in this next generation of AI. These investments signal a shift towards AI 2.0, a technology poised to revolutionize industries and daily life.

AI 2.0: The Rise of the Robot

So, what is AI 2.0? It’s the real-world application of AI through humanoid robots—think robots from sci-fi movies like "iRobot." Tesla's Optimus robot is a prime example, already capable of tasks like folding clothes, cooking, and even dancing. Tesla envisions a future where these robots assist with everyday tasks globally, potentially becoming a bigger business than their cars.

Elon Musk's enthusiasm is shared by others. Jeff Bezos is investing $100 million in the humanoid robot startup FigureAI, with Amazon and Microsoft also contributing millions. Nvidia is developing the Project GROOT Foundation AI model and a new chip, Thor, for robots. The momentum behind humanoid robots is growing, making it a compelling investment opportunity.

The Final Word

The writing is on the wall: AI-powered humanoid robots are not just a sci-fi fantasy. Leading AI innovators see them as the next frontier, investing heavily to make them a reality. We believe we’re at the brink of this next wave of AI growth, and now is the time to get involved.

Hope this gives you some ideas on how to ride the waves ahead!

May Your Profits Grow!

Pete
Invest with Pete

The information provided in this newsletter is for informational purposes only and does not constitute financial advice. Readers should seek their own independent financial advice before making any investment decisions. Please note that while Pete is a portfolio manager, the opinions expressed in this newsletter are his own and do not represent the views of any organization. Always perform your own research and due diligence before investing.

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