Motley Fool says Bezos is dumping Amazon and is reinvesting his money into a company utilizing a fast-emerging technology…that he believes will “improve every business.” Motley Fool teases further:
”He’s not alone in seeing it this way…
A Shark Tank billionaire says it will create the world’s first trillionaire
Elon Musk is contributing to a $1 billion investment in this technology
Even super-investor Warren Buffett says that it’s “enormously disruptive” and will have a ”hugely beneficial social effect”
And there is a tiny component powering this tech revolution… a component that Amazon doesn’t produce in-house…”
What Company are they pitching?
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I know there was a discussion that this technology is “AI”—but now they are saying : Five years from now, you’ll probably wish you’d bought this stock.
So what’s the ticker. Someone said A1.A3 or A1A3 but they don’t work.
So what is the secret teaser? I can’t figure it out. The fools are not alone with this tease. I tried doing a bit of backdoor research, but it all leads to other teaser sites. I wanna make a trillion too!:)
the stock is called AI and goes by ticker simble A3.AI.
That comes up as Newgate Funding
Glad to join
These Motley Fool Stock Advisor AI pitches over the years have almost always focused on the chipmaker fueling a lot of AI work, NVIDIA (NVDA). For those asking about the ticker “AI”, that’s the ticker for the company C3.ai, which came public fairly recently . AI has been disclosed as a stock that the Motley Fool recommends and owns since about June, though I haven’t yet covered any teaser pitches that specifically hint at that one.
Here’s what I noted about AI in a Friday File back in May, FWIW:
There’s been some big insider selling now that the lockup has expired, and they report their next quarter in about a week, so the story could change quickly. I haven’t looked into whether there’s since been news on that big Baker Hughes contract, or whether they’ve signed (or lost) any big customers.