Tag: Electric Vehicles

KoBold Metals, a California-based mining company, secures $200M funding from investors like Bill Gates' Breakthrough Energy Ventures. KoBold uses AI to mine rare metals for electric vehicle batteries.

Discover how British start-up Helixx is revolutionizing electric vehicle production with its factory in a box blueprint that enables customers to build their own vehicles, saving time and money. Welcome to an affordable, accessible future of EVs — starting at just $0.25 an hour.

Mercedes integrates OpenAI's ChatGPT in its cars. Toyota aims to produce high-performance batteries. Tesla values autonomous driving, while BrightDrop makes its first EV van delivery to FedEx Express Canada.

Investing in artificial intelligence (AI) stocks has resulted in impressive returns for the Baron Opportunity Fund, managed by Mike Lippert, with 33.6% year-to-date as compared to the S&P 500's 11.8%. Lippert believes AI will continue to drive returns for the next 3-5 years, and shares his top picks for companies delivering the biggest returns - Microsoft, Nvidia, and Amazon. These companies lead in incorporating AI into cybersecurity, integrated products, and improving customer shopping experiences. The Baron Opportunity Fund focuses on technology in electric vehicles, genetics-impacting medicine, and cloud computing, and AI themes that will continue driving returns.

Tesla could be a major winner in the race towards AI, according to Cathie Wood, CEO of Ark Invest. She believes the company's shares, currently valued at $201.16, will reach $2,000 in five years. As a supporter of the automaker, Wood has consistently made bold predictions regarding its potential, citing its innovative technologies as one of the most significant AI opportunities available. Tesla has consistently been at the forefront of efforts to reduce carbon emissions through its electric cars, batteries, and energy storage.