Editor’s note: “Winning Big in the Cutthroat AI Wars” was previously published in July 2023. It has since been updated to include the most relevant information available.
When tech startup OpenAI launched its conversational chatbot ChatGPT in November 2022, the company kickstarted a multi-trillion-dollar AI Revolution that promises to forever change the world as we know it.
The company also started an all-out war between today’s tech giants.
The reality is – love ‘em or hate ‘em – Big Tech companies are not stupid. Most importantly, they understand the huge potential impact of AI.
They know it will change everything. And they understand that the AI Revolution will mint a whole new class of winners and losers in the business world.
Microsoft (MSFT) knows that whoever best applies AI to cloud computing and creates the best AI-as-a-Service products will dominate the $500-billion-and-growing global public cloud market.
Amazon (AMZN) knows that whoever best applies AI to shopping and creates the most personalized AI-powered online shopping experiences will dominate the $5-trillion-and-growing e-commerce market.
Alphabet (GOOGL) knows that whoever best applies AI to search and creates the most human-like AI search engine will dominate the $200-billion-and-growing global search engine market.
Tesla (TSLA) knows that whoever best applies AI to automobiles and creates the best self-driving vehicles will dominate the $3-trillion-and-growing global automotive market.
Why else do you think all these firms jumped on the AI bandwagon right after ChatGPT was launched in November?
Fueling the AI Wars
ChatGPT launched in late November 2022. Since then, these companies have poured billions of dollars into AI startups. Just this past month:
- Salesforce (CRM) and Google led a $100 million investment round into AI startup Typeface.
- Microsoft and Nvidia (NVDA) led a $1.3 billion investment round into Inflection AI.
- Salesforce, Google, and Nvidia poured $140 million into Runway AI.
All that in just a month.
Not only has the AI Revolution begun, but so have the AI Wars.
A Revolution in Overdrive
Make no mistake. There will be multiple winners in the AI Wars – the best AI commerce company, the best AI cloud company, the best AI advertising company, the best AI transportation company, etc. And those winners will turn into the future rulers of the world.
If you think the internet titans of today are big, just wait until you see how big the AI titans of tomorrow get…
PWC estimates that AI will contribute nearly $16 trillion to the global economy by 2030. We think that number could march toward $50 trillion by 2040.
It reasons, then, that the world’s largest AI companies will potentially be $5- or even $10 trillion enterprises.
Apple is the world’s largest publicly traded company today. It’s worth $3 trillion.
The AI Revolution represents an opportunity to create companies worth 2X to 5X as much as the world’s current largest firm.
No wonder everyone is scrambling for a piece of the pie. No wonder Big Tech firms are going to war over this tech.
They need to master AI in order to defend their turf.
If Alphabet doesn’t create the best AI-powered search platform, it won’t be the world’s most used search engine in 10 years.
If Amazon doesn’t create the best AI-powered e-commerce platform, it won’t be the world’s largest retailer in 10 years.
The stakes are high. So are the potential rewards.
The Final Word on AI stocks
That’s why we are not shying away from the AI Revolution in 2023. Some pundits are calling this a bubble, like cryptos in 2021. Others are calling it the beginning of an iRobot-like apocalypse.
It is neither.
Instead, it is the beginning of the next world-changing technological transformation.
And if history teaches us anything about these transformations, it is that they have the potential to mint millionaires and even billionaires.
Who are the world’s richest people?
Tesla CEO Elon Musk. Amazon founder Jeff Bezos. Oracle (ORCL) founder Larry Ellison. Microsoft founder Bill Gates. Former Microsoft CEO Steve Ballmer. Google founders Larry Page and Sergey Brin.
All made their fortunes in the last world-changing technological transformation: the birth of the internet.
The AI Revolution is an enormous opportunity. Not a bubble or a crisis.
We intend to fully capitalize on it.
That’s why today, I’m going to tell you about a loophole I discovered that will allow you to invest in the company that started this whole AI Boom – OpenAI, the creator of ChatGPT.
OpenAI has done a lot since the launch of ChatGPT in November. Just last week, it announced huge partnerships to power AI programs at both Intuit and Moody’s.
I truly believe OpenAI could be one of the world’s largest companies in the near future – if not the largest.
That’s why you need to hear about this loophole today. It is your chance to invest in the next big thing.
Like investing in Apple (AAPL) in the 1980s or Amazon in the 1990s, this is an opportunity you can’t afford to miss.
Learn more about this loophole.
On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.