From CoinGape: 2024-04-28 10:35:27

Cathie Wood, CEO of ARK Invest, believes Tesla’s robotaxis will dominate the AI market, predicting it to generate $8 to $10 trillion in revenue by 2030, with half going to platforms like Tesla. Despite OpenAI’s innovative AI tools like ChatGPT, Wood sees Tesla as the biggest AI project globally, overshadowing others.

The potential of Tesla’s AI opportunities, specifically robot taxis, is highlighted by ARK Invest’s Director of Investment Analysis & Institutional Strategies after Tesla’s Q4, 2023 earnings report. Wood’s confidence in Tesla’s move towards autonomous taxi networks solidifies her belief that Tesla is leading the AI market globally, surpassing even pure AI platforms like OpenAI.

OpenAI, known for groundbreaking AI tools like ChatGPT and OpenAI Sora, has garnered global attention for its innovative products. Despite OpenAI’s success and industry-changing tools, Cathie Wood’s statement ranking Tesla as the top AI project may cause some to disagree with her assessment, given OpenAI’s influence and achievements in the AI sector.



Read more at CoinGape: Tesla Tipped as best AI project by Ark Invest CEO Cathie Wood