Monumental Funding Has Elon Musk AI Venture Primed For Takeoff

InvestorPlace05-22

Meet Luke Lango Key Takeaways: About a year ago, Elon Musk set out to create his own AI startup, xAI. He felt that his competitors were all missing the ultimate goal of creating powerful and ...

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He felt that his competitors were all missing the ultimate goal of creating powerful and ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2024/05/monumental-funding-has-elon-musk-ai-venture-primed-for-takeoff/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4511","symbol_name":"特斯拉概念","start_time":0,"source_url":"https://investorplace.com/hypergrowthinvesting/2024/05/monumental-funding-has-elon-musk-ai-venture-primed-for-takeoff/","article_id":"2437216261","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2437216261","pubTimestamp":1716392280,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"About a year ago, Elon Musk set out to create his own AI startup, xAI. 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It’s a stock that you’ve likely have never heard of before, but we think it could be xAI’s leading tech component supplier.Editor’s Note: This article was previously published under the title, “Learn How to Profit From Elon Musk’s $18 Billion AI Project” but has been updated to include the most recent information.For years, one of the world’s richest men and arguably most influential tech visionary – Elon Musk – has mostly watched the AI Boom unfold from the sidelines.That all changes now – quite literally any day.Musk has influenced how we pay for things, what cars","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4511":"特斯拉概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4099":"汽车制造商","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4106":"数据处理与外包服务","BK4515":"5G概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU0823411888.USD":"法巴消费创新基金 Cap","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0079474960.USD":"联博美国增长基金A","MSFT":"微软","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","AAPL":"苹果","BK4566":"资本集团","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4535":"淡马锡持仓","BK4538":"云计算","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","PYPL":"PayPal","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4097":"系统软件","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4512":"苹果概念"},"translate_title":"巨额资金让埃隆·马斯克人工智能创业公司准备起飞","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PYPL":1,"AAPL":1,"MSFT":1},"content_text":"Meet Luke Lango\t\t\n\n\n\n\nKey Takeaways:\n\nAbout a year ago, Elon Musk set out to create his own AI startup, xAI. He felt that his competitors were all missing the ultimate goal of creating powerful and fair AI.\nJust this past week, reports emerged suggesting that, any day now, Musk is set to secure up to $6 billion in funding for xAI.\nWe have pinpointed a potentially huge “backdoor” investment opportunity into this startup. It’s a stock that you’ve likely have never heard of before, but we think it could be xAI’s leading tech component supplier.\n\n\n\n\n\n \n\n\nEditor’s Note: This article was previously published under the title, “Learn How to Profit From Elon Musk’s $18 Billion AI Project” but has been updated to include the most recent information.\nFor years, one of the world’s richest men and arguably most influential tech visionary – Elon Musk – has mostly watched the AI Boom unfold from the sidelines. \nThat all changes now – quite literally any day.\nThat’s because just a few weeks ago, reports emerged suggesting that, any day now, Musk is set to secure up to $6 billion in funding for his new AI startup xAI. \nNow, Musk founded xAI about a year ago. And to date, the company has done very little. Aside from launching its AI chatbot Grok – which many experts say matches up pound-for-pound with ChatGPT – things have been mostly quiet since xAI’s founding. \nBut this $6 billion funding round could change that in a dramatic way. \nOf course, the thing about world-changing businesses is that they start with world-changing people. Those folks have revolutionary ideas. And when funded with billions of dollars, they turn those ideas into world-changing businesses.  \nAfter all, Apple (AAPL) only became what it is today thanks to Steve Jobs, who came up with the idea of the iPhone. Jobs then leveraged the enormous amount of money Apple was making off its computers to create the iPhone. And voila… Apple became a trillion-dollar company.  \nSimilarly, Microsoft (MSFT) grew into a tech titan because of Bill Gates, who came up with the idea for Windows. Gates used the money Microsoft was making off its PCs to further develop Windows. And that allowed Microsoft to become a trillion-dollar company. \nWorld-changing people with ample resources create world-changing businesses. \nSo… if you want to invest in world-changing businesses… start with the world-changing people gathering the resources necessary to bring their visions to life. \nThat is exactly the situation we have with Elon Musk and xAI today.\nInvest in a World-Changer Like Elon Musk\nWe certainly believe that Elon Musk is a world-changer. \nHe co-founded PayPal (PYPL), the world’s largest digital payment platform, now worth nearly $70 billion… \nAnd SpaceX, the world’s largest private space rocket firm, now worth about $180 billion. \nHe pioneered one of the world’s largest automakers in Tesla (TSLA)… \nAnd he’s also the man behind Neuralink, The Boring Company, and X.\nMusk has influenced how we pay for things, what cars we drive, how we communicate online, how we see space… \nI’d venture to say that he is one of the most influential business figures of the past 20 years. \nA great example of world-changing.  \nAnd now this world-changing person has not only turned his focus to a new business venture at the heart of possibly the most transformative technology the world has ever seen. He’s also on the verge of reportedly acquiring $6 billion in funding to turn his AI vision into a reality.  \nWould you bet against him here – especially if he gets $6 billion next week to fund this operation? \nI don’t think I would.\nThe Final Word \nAs we mentioned earlier, xAI has already launched its own impressive AI chatbot. And it did that with very little outside funding. Just imagine what Musk and company will be able to cook up with $6 billion in outside funding. \nWhen all is said and done, xAI could be Elon Musk’s biggest venture yet – his signature mark on the world, if you will. \nAnd right now, you have an opportunity to invest in xAI before this company takes off. \nNow, it’s not a direct investment, per se. After all, xAI is barely a year old. It’s still a private startup, which means you can’t buy its stock anywhere. \nBut we have found a potentially huge “backdoor” investment into xAI. It’s a stock that you likely have never heard of before – but we think it could be the leading tech component supplier for this burgeoning AI titan. \nIf xAI does win the multi-trillion-dollar AI race… and Elon Musk does it again… then this stock could absolutely soar. \nGet all the details about this potential future winner right now.\nOn the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.\nP.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.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\n Luke Lango\nEditor, Hypergrowth Investing\n\n\nMeet Luke Lango\nBy uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends.\n\n\n\n\n\t\t\t\tLearn more about Luke\t\t\t\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/hypergrowthinvesting/2024/05/monumental-funding-has-elon-musk-ai-venture-primed-for-takeoff/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2437216261"}