Tesla’s New $300 Million AI Investment

Daily Profit Investing Research
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Tesla (NASDAQ: TSLA) recently unveiled Dojo…

A state-of-the-art AI supercomputer valued at $300 million.

Could the automaker become a major player in the field of AI?

Tesla’s supercomputer will enable the automaker to process a MOUNTAIN of data from its cars to develop and improve Full Self Driving (FSD).

The technology will help Tesla deliver new features and improve current ones like:

  • Recognize traffic lights
  • Understand road signs
  • Change lanes automatically
  • Park the car automatically
  • Drive autonomously on roads without a human driver

According to Oppenheimer analyst Rich Schafer…

The computing cluster is “more powerful than the world’s 3rd highest-performing supercomputer” and will use 10,000 Nvidia (NASDAQ: NVDA) H100 GPUs.

Schafer also revealed that the automaker plans to allocate +$2 billion towards AI training in both 2023 and 2024.

All this not only points out just how committed Tesla is to AI…

But it also signals how it could become a major player in the AI industry.

As an investor, you could simply buy Tesla or Nvidia.

But these two stocks are already up 138% and 240% this year respectively.

So you’ve likely missed out on the big gains.

Yet a small group of undiscovered tech stocks are now ready to takeoff.

These “pure-play” AI stocks are 100% focused on AI.

Yours in Wealth,

Ian Wyatt

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