Chris’ note: ChatGPT has taken the world by storm… and ignited an AI boom on Wall Street. This has sent Nvidia and other AI stocks up 200% and more this year alone.
But as you’ll hear today from Teeka Tiwari’s analyst Greg Wilson, ChatGPT and other AI chatbots like it have a dirty little secret. And it points the way toward a golden opportunity for us as investors to profit from our AI-powered future.
Teeka went into detail last night in an on-camera event about how to profit… including an AI play that as more than 100x more upside than Nvidia at today’s prices.
You can find out all about it directly from Teeka here. Then read on for more from Greg on ChatGPT’s dirty little secret… and how blockchain – the tech that underpins bitcoin and other cryptos – is solving it.
How will artificial intelligence (“AI”) impact blockchain, the technology behind cryptocurrencies?
That’s the question on many minds.
The future of blockchain and AI is promising, with potential developments including enhanced data security and privacy, trusted and explainable AI, decentralized AI networks, data economy transformation, and integration with the Internet of Things (IoT).
Blockchain’s decentralized and immutable nature can strengthen data security and privacy in AI applications.
It can establish trust in AI models by enabling transparency and auditability, ensuring the integrity and fairness of algorithms. This is particularly crucial in critical domains like health care and finance.
Integrating blockchain and AI can foster decentralized AI networks, facilitating collaboration and sharing of AI models and resources. This can drive innovation, accelerate research, and democratize access to AI capabilities.
Blockchain-based data marketplaces have the potential to transform the data economy. They empower individuals to control and monetize their data securely, while enabling fair compensation and privacy when sharing data with AI developers.
The convergence of blockchain, AI, and IoT holds promise for creating powerful ecosystems.
I’d like to take credit for this insight. But AI chatbot ChatGPT wrote it in response to the question above.
I don’t blame you if the answer fooled you. It seems like a person wrote it.
ChatGPT answers are so human-like and accurate that teachers have banned students from using it to complete homework assignments.
Unless you’ve been living under a rock, you know ChatGPT has taken the world by storm… and pushed AI into the limelight.
It can book holidays… pass exams… write legal briefs… and help diagnose medical conditions.
But ChatGPT and AI chatbots like it face a major hurdle.
Today, I’ll show you what that hurdle is… and how blockchain projects are helping AI overcome it.
ChatGPT has a dirty little secret…
It doesn’t have enough computing power.
That’s according to Sam Altman. He’s CEO of OpenAI, the company that built ChatGPT. He noted the shortage of graphics processing units (“GPUs”) in reports from behind-closed-doors meetings.
A GPU is a type of chip designed to handle the computations required for rendering graphics, especially in video games.
They’re also much more suitable for AI systems than the central processing units in your laptop or your smartphone.
Put simply, without GPUs, there is no ChatGPT.
And according to these reports, the shortage of GPUs led to low computing power for ChatGPT. The result being ChatGPT didn’t process as much info as it wanted.
It took an estimated 10,000 to 20,000 GPUs to just train ChatGPT on the vast data sets it needs to ingest so it can learn about the world.
OpenAI needs roughly 30,000 more GPUs to scale up ChatGPT.
Not Enough Computing Power
OpenAI is using the best GPU available for AI today – Nvidia’s A100 chip.
It’s difficult to find the exact number of these GPUs available. But according to the State of AI Report Compute Index, there are only roughly 80,000 running today.
And so far, we’ve only talked about ChatGPT and its AI needs.
There are also other AI chat alternatives such as Google’s Bard, Microsoft’s Bing AI and Copilot, DeepMind’s Sparrow, and many more.
And there’s a ton of use cases for AI outside of these chatbots.
Vehicle detection and avoidance, processing of patient data, algorithmic trading, predictive maintenance, and cybersecurity all rely heavily on AI and generate billions in revenue annually.
So, we’ll see not only an expansion of current use cases, but also a proliferation of new use cases.
It’s clear we’re going to need a lot of computing power. But GPUs are in short supply.
That’s where the blockchain comes in…
Rise of AI Coins
Teeka got into the details during his No. 1 Coin for the AI Boom event last night.
But for the past few months, engineers from Google and Microsoft have been working on a little-known crypto project that I believe will revolutionize the AI industry.
Now, these “AI coins” don’t make computer chips like Nvidia does.
Instead, they use the blockchain to help connect AI projects to the computing power they need to scale up and go mainstream.
And they’re doing it in a way that’s unique to the market.
This is the hottest new trend in the crypto world. And it’s still a tiny niche.
But that’s exactly what Teeka and I are looking for…
To make a fortune without already having a fortune to invest you need to do two things…
Find a massive trend in its early stages
Buy the right companies riding that trend
And since this is a brand-new trend, many of these AI coins still trade for pocket change. So, it doesn’t take much to send them skyrocketing.
According to our research, this project has at least 100x more upside potential than popular AI stocks like Nvidia.
That’s because of a catalyst that’s guaranteed to happen on August 23 at 4 p.m. ET.
Right now, it trades for less than $1. That makes it the perfect asymmetric bet. Just $1,000 in a play like this could turn into a six-figure nest egg.
If you’re interested in learning more, I encourage you to check out the replay of Teeka’s event. It’s free to watch.
And Teeka also revealed the name of a second coin that could 5x your money, for free, as a thank you for joining him.
That alone makes Teeka’s event worth your time. His previous free picks have had an average gain of more than 1,200%.
This could be one of the biggest opportunities we’ll ever see in crypto.
So make sure to watch the replay to learn how to get in on the ground floor of Teeka’s No. 1 AI coin for less than $1.
Analyst, Palm Beach Crypto Income