A New Rivalry. A New AI Opportunity.

The Battle for the Future of Big Tech has Begun. Dear Loyal Reader, Elon Musk made news again last week when he boasted that he's the reason ChatGPT exists. To Sam Altman, the CEO of OpenAI and overseer of ChatGPT, those were fighting words. You may not know this, but Elon and Altman were co-founders of OpenAI in 2015. When they announced the AI creation ChatGPT, it caught attention around the world. To the billionaire tech founders, OpenAI was clearly the beginning of a revolution that would transform tech — and humanity — forever. Soon, the offers came rolling in, with some saying, “the amount of money was borderline crazy.” The future looked bright for OpenAI. But then, in 2018, Musk shared concerns that ChatGPT had fallen behind Google’s AI efforts. His idea to fix this problem was simple: Let him take control and run everything. Altman and the other founders disagreed, which prompted Musk to leave the company. This was a big problem. Musk’s absence put OpenAI in a financial bind since that left them with a massive $1 billion funding hole to fill. Then, in July 2019, Microsoft filled that $1 billion gap with an “exclusive computing partnership” that helped bring ChatGPT to mainstream attention. That relationship helped make ChatGPT a household name today. Meanwhile, Musk has been working on his own AI creation. Last month, Musk officially announced his version of ChatGPT’s largest and newest rival: X.AI. He’s already authorized the sale of 100 million shares of the company and has gotten investors from Space X and Tesla to join him. But this professional rivalry is starting to get personal. Musk still talks about his years-ago relationship with OpenAI like someone who hasn’t quite gotten over his ex. Saying what OpenAI has become is, “not what I intended at all.” (Speaking of Elon’s love life, have you seen these AI-generated images of Musk kissing robot wives on social media? Yes, it’s a thing.) Anyway, all this highly publicized back and forth prompted Altman — who is probably tired of hearing the thoughts of a man who left his company five years ago— to recently say of Musk, “I mean, he’s a jerk, whatever else you want to say about him.” In other, yet relevant, AI news… Microsoft founder, Bill Gates said this week, that AI could “kill Google search and Amazon and as we know them.” Yet, Jeff Bezos believes we’re living in the “golden age” of AI. And ex-Google CEO, Eric Schmidt, said last week that he believes AI is an “existential risk” to humanity. Who’s right? Who’s wrong? Doesn’t matter for now I suppose, since so many people are making money with AI. All this mind you, while Mark Zuckerberg is contemplating changing the name of Facebook yet again. This time to “Meta AI.” Nothing like some new billionaire tech drama to open up an incredible investing opportunity for the rest of us. In short, you could say the feud for the future of AI is just getting started. As more and more money is spent on it every day. Including major new projects with Google, Apple, NVIDIA, Meta, Microsoft and Amazon. That’s why AI has been called the biggest new industry of the 21st century. Experts are projecting it will be worth a staggering $80 trillion over the next ten years. So to help you profit from this rapidly-growing industry, Chief Investment Strategist Adam O’Dell is revealing his favorite AI stock right now. A small-cap stock that he believes will dominate Musk’s X.AI in the years to come. [You can click here to see the full story now.]( [Click here if you are unable to see the image.]( Regards, Charles Sizemore Chief Income and Growth Specialist, Stock Power Daily ---------------------------------------------------------------  Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. 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