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Close Lightbox Close Lightbox Download the free report here: Skip to content * DOW + 0.55% 412 / + 2.27 * Nasdaq - 2.94% 482 / - 14.57 * S&P - 1.40% 557 / - 7.92 Primary Menu ☰ * Our Analysts * Free Reports * Newsletters * Free Reports * Log in My Account * My Services * Portfolio Tracker * Manage Account * Support * Logout * * Today’s Market * Stocks * Stock Picks * Hot Stocks * Stocks to Buy * Stocks to Sell * Stock Quotes * All Stock Picks * Stock Types * Blue-Chip Stocks * Dividend Stocks * Growth Stocks * Meme Stocks * Penny Stocks * Undervalued Stocks * Industries * Consumer Discretionary * Consumer Staples * Energy * Healthcare * Technology * More Industries * Crypto * Trading * Market Analysis * About InvestorPlace * About InvestorPlace * Publishing Guidelines * Contact Us * Premium Services Search symbol, company name, or keywords Search Close Menu Log in Log out * My Services * Portfolio Tracker * Manage Account * Support * Logout * Our Analysts * Free Reports * Newsletters * Free Reports * Home / * Expert Stock Picks / * Stocks to Buy / * AI Breakthroughs: The Next Big Thing to Bet On Meet Luke Lango AI BREAKTHROUGHS: THE NEXT BIG THING TO BET ON We believe we’re seeing the AI Boom’s next evolution unfold right now 2d ago · July 15, 2024 By Luke Lango, InvestorPlace Senior Investment Analyst Advertisement Key Takeaways: * Right now, all eyes are on what we’re calling AI 1.0 – AI software and chatbots like ChatGPT. Since their emergence, they’ve taken over the world and continue to be very popular. * 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: humanoid robots. * 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 of AI, too. And they’re dedicating millions of dollars to create this tech right now. Editor’s Note: This article was previously published under the name “Why We’re Excited for 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 fortunes in the stock market, the key is to always invest in the next big thing. Don’t pile into 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 emergence, they’ve taken over the world and continue to be very popular. But when it comes to what will be big tomorrow, we’re focused on AI 2.0 – an emerging AI technology that Elon Musk himself thinks could make Tesla (TSLA) a $25 trillion company! Now, Tesla isn’t even worth $600 billion today – so, we’re talking about more than 40X potential upside if true. Regardless, it’s safe to say that Musk is about as bullish as you could be on the future of AI 2.0. And he’s not alone. Nvidia (NVDA), the poster child of the AI Revolution, is also betting big on AI 2.0. So are Microsoft (MSFT) – the world’s largest AI company – and Amazon (AMZN). Even OpenAI, the leader of AI 1.0, is staking a claim. 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 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 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. Don’t believe me? Well, Nvidia also recently announced the introduction of the Project GROOT Foundation AI model, designed to enhance the performance of humanoid robots, alongside a new system-on-a-chip named Thor for robotic use. This move comes as notable companies such as OpenAI, Microsoft, Tesla (more on that in a moment), Amazon, and Intel (INTC) heavily invest in humanoid robot development. With Nvidia joining the fray, the advent of sophisticated robots appears imminent. And we’re head over heels for this compelling investment opportunity in AI robotics. 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. In fact, he actually thinks that future is just around the corner. This past week, he predicted that there will be, “over 1,000, or a few thousand, Optimus robots working at Tesla” by 2025. That’s next year. He also predicted that Optimus will make Tesla worth $25 trillion, more than 40X its current valuation and 8X Apple’s market cap. 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 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. Submit Luke Lango Editor, Hypergrowth Investing MEET LUKE LANGO By uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends. Learn more about Luke -------------------------------------------------------------------------------- Article printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2024/07/investing-in-the-next-wave-of-explosive-ai-growth/. ©2024 InvestorPlace Media, LLC MORE FROM LUKE LANGO Market Analysis MONUMENTAL FUNDING HAS ELON MUSK AI VENTURE PRIMED FOR TAKEOFF 9h ago · By Luke Lango, InvestorPlace Senior Investment Analyst Hot Stocks THIS PERFECT STORM WILL SEND STOCKS TO NEW HIGHS 1d ago · By Luke Lango, InvestorPlace Senior Investment Analyst Hot Stocks BUY THE TOP AI STOCKS BEFORE THE DISINFLATION BOOM 3d ago · By Luke Lango, InvestorPlace Senior Investment Analyst * ADVERTISEMENT * LUKE'S MOST POPULAR 1. Stocks to Buy 1d ago THIS PERFECT STORM WILL SEND STOCKS TO NEW HIGHS 2. Stocks to Buy 2d ago AI BREAKTHROUGHS: THE NEXT BIG THING TO BET ON 3. Hot Stocks 3d ago BUY THE TOP AI STOCKS BEFORE THE DISINFLATION BOOM 4. Stocks to Buy Jul 7, 2024 THE COLOSSAL ELON MUSK VENTURE INVESTORS CAN'T AFFORD TO MISS 5. Stocks to Buy Jul 8, 2024 HOW QUANTUM COMPUTING IS ALREADY CHANGING THE WORLD * ADVERTISEMENT * * * * * About InvestorPlace * Products * Contact Us * Help * Careers * Advertise With Us * Disclosures & Disclaimers * Privacy Policy * Terms of Use * Ad Choices * Do Not Sell My Personal Information * Cookie Preferences * DMCA Policy Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes. Copyright © 2024 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. Close login modal SUBSCRIBER SIGN IN Email Address or Username Password Sign in Forgot Password? Not Yet a Premium Subscriber? Subscribe Close Ad Expand/Collapse DOE Close DOE Your Email