Helium for The Next Bull Run

Nvidia has experienced a significant run-up in its stock price over the past year, and it remains unclear whether the run is over or not. However, what we do know is that Nvidia's graphics processing units (GPUs), widely recognized as some of the best for running AI models, have played a pivotal role in driving the stock price to new heights.

Artificial intelligence is arguably one of humanity's most groundbreaking achievements. While I'm not entirely a fan of its widespread use and the potential risks it entails, I cannot ignore the massive growth and potential that AI holds.

One prime example of AI's impact is ChatGPT, an AI-powered chatbot that amassed a staggering 100 million users within its first month of release. This tool has already disrupted countless jobs, and it's only the beginning of what this trend has in store.

I've come across numerous stories from around the world detailing the military applications of AI technology, which unfortunately resulted in the loss of human lives. It's clear that AI is not yet ready to responsibly "take over the world." However, I wouldn't be surprised if we see the emergence of "robocops" patrolling the streets within the next two decades.

The tech giants are well aware of the immense power of AI and have no intention of falling behind in the AI battle. The current adoption of AI by large tech companies reminds me of the early days of Android and iOS operating systems, and how Nokia's insistence on sticking with Symbian ultimately led to its downfall.

For more information, you can refer to the article Google and Microsoft ramp up AI investments, battling for dominance with strategic backing of innovative startups.

The Information reported June 1 that Google had invested in Runway, an AI startup acclaimed for its text-to-video tool, as part of a $100 million funding round.
This investment has boosted Runway’s valuation to $1.5 billion and is anticipated to instigate a major transition from Amazon Web Services (AWS) to Google’s cloud servers.

Microsoft has also been actively investing in the AI sector, with CNBC reporting a potentially multi-billion dollar deal with CoreWeave, a startup backed by Nvidia.
CoreWeave provides simplified access to Nvidia’s graphics processing units (GPUs), widely regarded as among the best on the market for running AI models. This agreement will bolster Microsoft’s efforts to meet the exponential demand for AI-powered services, simultaneously positioning itself in competition with Google.
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Artificial intelligence (A.I.) is gradually infiltrating every aspect of our lives, even though many of us had hoped that cryptocurrency would take the lead. Therefore, if you are involved in crypto investments, it's crucial to pay attention to projects that claim to incorporate A.I. technology. While I haven't personally conducted any research on AGIX, FET, or OCEAN to understand how these projects utilize A.I., the price of AGIX experienced an explosive surge a couple of months ago.

I had jotted down all of the aforementioned projects on a piece of paper as potential investment options, but due to my stubbornness and reluctance to embrace A.I.-related ventures, I hesitated. However, I witnessed AGIX skyrocketing by 30x during a bear market when most other assets remained stagnant.

Lately, I've had a change of heart and decided to reallocate some of my EGLD holdings into A.I. coins. I see a trend emerging in this bull market that I don't want to miss out on. Making money should not be driven by ego, and it took me some time to realize this valuable lesson. Therefore, the key takeaway from this post is to closely monitor A.I. coins in the current bull market.

They may very well become the price performers of this cycle, akin to the previous NFT craze. Probably...

Thanks for your attention,
Adrian

Posted Using LeoFinance Alpha