Ark Invest’s Chief Executive Officer, Cathie Wood, believes that Tesla, led by CEO Elon Musk, will be the biggest AI project in the world.
Tesla’s development of robo-taxis or autonomous taxi platforms will put the company in a leading position in the AI market, according to Wood, who assumes that the potential revenues will range from $8 to $10 trillion by 2030, with Tesla grabbing a significant part of it.
While there are other AI platforms, like OpenAI, that have come up with great tools like ChatGPT and OpenAI Sora, Cathie continues to believe in the strength of Tesla in the AI sector.
Wood states that Tesla’s integration of energy storage, AI, and robotics into its autonomous vehicles sets it apart from other automakers. OpenAI still progresses in AI technologies, pursuing to transform industries with its unique solutions.
Although Tesla’s opinion may differ from that of others, the company’s dedication to AI technology and the technology’s capability to restructure different sectors are expressed by Tesla’s push towards autonomous taxi networks.
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