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KoBold Metals is a California-based mining company that uses AI to mine for rare metals.
And it just closed a $200M funding round – which included several big investors like Breakthrough Energy Ventures (a Bill Gates-backed VC firm), Andreessen Horowitz and Bond Capital.
The company was founded in 2018…
… and it uses AI to look for EV battery metals like lithium, nickel, cobalt and copper.
It has more than 60 projects across three continents…
And it’s investing $100 million per year in them.
The company uses AI in a way that allows it to explore the earth in a more accurate way. As their CEO says:
“Our proprietary AI tools build on a concept we call Efficacy of Information (EOI), enable[s] KoBold to determine which data to collect at each exploration step to maximize uncertainty reduction.”
Bill Gates says developing AI is “as fundamental as the creation of the microprocessor, the personal computer, the internet, and the mobile phone.”
And the breakthrough technology is now seemingly helping with one of the auto industry’s major problems: The EV battery metal shortage.
AI and its uses cases continue to grow as FAST as ChaGPT grew when it was first released.
And it’s sparking a new AI profit wave that could truly be for the history books.
No wonder UBS expects the AI industry to grow to $1 trillion in the next 4 years.
Or that Bank of America (NYSE: BAC) says AI will boost the economy by $15.7 trillion by 2030.
But who will be the winners in this new AI boom?
And most importantly, how could YOU profit the most from it?
Because we are on the early stages of an AI tsunami.
And as UBS said…
This game-changing tech will unleash a TORRENT of financial opportunities.
Consider some of the biggest transformational tech trends of the last 20 years…
Like e-commerce… social media… or cloud computing…
And now consider the types of profits investors had the chance to make by investing in them EARLY.
Well – I truly believe we’re going to see the same exact thing with AI.
Sort of like investing in Amazon (NASDAQ: AMZN) at the very beginning of the e-commerce boom…
Or in Apple (NASDAQ: AAPL) right before smartphones took over the world.
I could be wrong of course…
But in the same way I wasn’t wrong when I recommended Netflix (NASDAQ: NFLX) before streaming took over the world… and it has soared +5,000% since then…
I really think you could make 874% gains in this AI boom.