Investing in the Next Wave of Explosive AI Growth

Stocks to buy

This past week, the world’s leading AI chipmaker – Nvidia (NVDA) – made it abundantly clear that the AI Boom is here. And the party’s just getting started.

The tech firm reported that its revenues rose more than 260% in the last quarter of 2023. And management also said that revenues will rise another 230% this quarter, too. 

That’s got the mainstream media and most investors obsessing over Nvidia’s hyperbolic growth. 

Meanwhile, the most important players in this industry – including Nvidia itself – have already moved on to the next big thing: something we’re calling AI 2.0.

We’ve been following these developments for a while now. We’re confident it will be the next wave of major AI growth. And it seems it’s just now hitting its major inflection point. 

In fact, we just learned that Nvidia itself is betting big on this next iteration. 

And it isn’t alone. 

Microsoft (MSFT) – the world’s largest AI company – is betting big on AI 2.0, too. 

So are OpenAI, the world’s most influential AI startup, Amazon (AMZN), Tesla (TSLA) and Samsung. Not to mention the world’s richest men, Elon Musk and Jeff Bezos.  

Right now, all are pouring millions of dollars into AI 2.0. 

That means it’s time for you to join in and bet alongside them. 

AI 2.0: The Rise of the Robot

So, what exactly is AI 2.0?

The real-world 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 like a pie-in-the-sky dream. But humanoid robots are already in development. This new AI wave is here. 

In fact, as I write, Tesla is busy developing a humanoid robot called Optimus. And already, it can do things like fold clothes, make eggs, exercise, and dance. 

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

Elon Musk is even on record saying that in time, Optimus could be bigger than Tesla’s core vehicle business. 

And we don’t think he’s delusional. If he is, then it seems Jeff Bezos must be, too. 

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

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

And guess who else is investing in FigureAI? Bezos’ old company, Amazon. The 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, too.

Or how about OpenAI? The ChatGPT creator is already FigureAI’s biggest investor, and it’s throwing another $5 million into the firm. 

Plus, Intel (INTC) and Samsung are also reportedly investing in FigureAI right now as well. 

The Final Word

Folks, it seems the writing is on the wall. 

You may think of AI-powered humanoid robots as a mere sci-fi concept. 

But as with the world’s most powerful people, the foremost AI innovators clearly think humanoid robots are the next frontier, too. 

They see them as AI 2.0. And they’re dedicating millions of dollars to create this tech right now. 

We believe we’re seeing this boom’s next evolution unfold right now. And that means it’s time to grab your slice of the pie.

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

On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.

P.S. 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.

Articles You May Like

7 Penny Stocks That Deserve a Closer Look in Q2
3 Stocks to Buy to Double Your Money: April 2024 Edition
3 Under-the-Radar Stocks With Explosive Growth Prospects
Is Palantir Stock’s AI-Fueled Rally a Sustainable Surge or Short-Lived Hype?
The 3 Best Quantum Computing Stocks to Buy in April 2024