The Week in AI. Top AI Highlights
$35 Billion Investment in AI. Apple Superintelligence. Tesla Robotaxi Creating a New $1 Trillion Economy
Hi, AI Futurists!
Over the past two years, AI stocks have consistently outperformed the S&P 500, becoming a beacon for investors seeking high returns. While the S&P 500 gained 21% in the last two years, AI-focused stocks soared, with NVIDIA, Tesla, and Microsoft leading the charge. NVIDIA's stock surged over 200%, Tesla jumped 120%, and Microsoft gained 80%, making these three the top AI stocks dominating the market. With AI playing a crucial role in various industries, the market’s appetite for AI-driven innovation remains insatiable.
Tesla’s FSD Unveiling: The Birth of a Trillion-Dollar Industry
Next month, Tesla is set to unveil its Full Self-Driving (FSD) Robotaxi, potentially giving rise to a trillion-dollar industry. Autonomous driving technology could revolutionize transportation, with Tesla leading the way. For investors, this is a major opportunity to tap into a burgeoning sector. Apart from Tesla, companies like Waymo and Cruise are also key players in the race to develop autonomous robotaxis, providing diverse options for those looking to invest in this transformative technology.
Without further ado, let’s get started.
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Tesla’s Robotaxi Revolution to be Unveiled: The Countdown for the $10 Trillion New Industry
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AI Investments in 2024: Startup Surge
AI investments in 2024 have surpassed $35 billion, with venture capital shifting focus from large corporations to emerging startups. Smaller companies are gaining traction, securing massive funding rounds as VCs back them with confidence. Over 35 U.S.-based AI startups raised $100 million or more this year, illustrating this trend.
Apple Intelligence: Gradual AI Rollout
Apple is slowly integrating AI into its ecosystem, with full AI and GPT integration expected throughout 2024. iOS 18.1 will introduce groundbreaking features like Smart Reply and Visual Intelligence, transforming the way 1.4 billion iPhone users interact with their devices and leveraging Apple’s vast global reach.
GPT-4o1: Human-Like Reasoning
OpenAI’s GPT-4o1 model represents a major leap forward, mimicking human reasoning with remarkable accuracy. With its ability to take time in problem-solving, GPT-4o1 is transforming industries like education and research, setting a new standard in AI's potential to think and act like humans.
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