Yellow cake bull market: what the experts say…
Welcome to AI Collision š„,
In todayās collision between AI and our world:
Last chance saloon for Project Aurora
Eric on the US, China and the EU
Voldemort at the Met Gala
If thatās enough to get the yellow cake baking, read onā¦
AI Collision š„
Back in February I wrote to you about the immense energy needs that our AI future will need.
I explained I believe thereās only one answer to the future of our energy needs ā nuclear.
Then a few weeks down the line I wrote to you again to tell you about a special project Iād been working on called Project Aurora.
And in that edition of AI Collision š„ I linked to a special briefing where I discussed the one company that you can invest in that I think is going to change the AI game because of the energy it can deliver to the industry.
But that company was in āstealthā mode so to speak ā it being your chance to invest in it before the mass market got wind of what it would become was dwindling.
Thing is, this Friday that company will emerge from its āstock chrysalisā and then everyone will know what this game-changer has set to become.
If you missed the briefing or saw it and werenāt too sure what to do, Iād suggest checking it out one last time because it is set to come offline imminently. Why? The stock goes live tomorrow, so we arenāt choosing to take it down, we have to take it down!
So to view it, if youāve not already seen it or want to see it again, just hit the button below.
[Capital at risk.]
The reason Iām bringing this all up again is because I decided to upload an interview I did in March 2023 with the CEO of Sprott Asset Management, John Ciampaglia.
I recently got in touch with John again because I wanted to do another interview with him on the uranium and nuclear markets as well as the copper market.
Thatās because Sprott has exchange-traded funds (ETFs) that cover a range of miners in both the uranium and copper markets. So it only made sense that as Iāve been closely covering both of those areas here at AI Collision I get him on a call again to speak about it.
Weāre currently arranging the time and date. But that will be here exclusively at AI Collision in the coming weeks so be sure to keep an eye out for that.
But in the meantime, I wanted to share with you my interview with him from last year. We had kept this behind the paywall at Southbank Investment Research as this is the kind of thing that weād usually give exclusive access to our paid subscribers first. But as time has passed and with new interviews with John coming up that you will get first and exclusive access to as AI Collision š„ subscribers I thought Iād put it on YouTube and give you a chance to see what we said about the market a bit over a year ago.
You can view that in full below.
AI gone wild š¤Ŗ
The US is two to three years ahead of China.
China is laser-focused on being dominant.
Europeā¦
Who?
Europe? Nah, too busy regulating to be relevant.
Those are pretty strong words. But theyāre not mine.
Theyāre Eric Schmidtās, as in Eric Schmidt, the former CEO of Google. So yeah, he knows a thing or two about AI and where the industry stands in relation to global competitiveness.
I think the best thing is to see for yourself what he had to say about it all in this 11-minute clip from Bloomberg Technology (itās worth a watch in its entirety, but within the first couple of minutes youāll see just where he sees the US, China and Europe).
Again, regulation can be useful, but as Europe is perfectly demonstrating, it is a massive handbrake on growth most of the time.
Will it ever change? I donāt know.
But this is why most of the AI stocks we cover are based out of the US and listed on US markets.
And I canāt see that changing any time soon.
Boomers & Busters š°
AI and AI-related stocks moving and shaking up the markets this week. (All performance data below over the rolling week).
Boom š
Zeta Global Holdings (NYSE:ZETA) up 24%
Lantern Pharma (NASDAQ:LTRN) up 23%
Symbotic Inc (NASDAQ:SYM) up 23%
Bust š
Wearable Devices (NASDAQ:WLDS) down 9%
BigBear.ai (NYSE:BBAI) down 11%
Quantgate Systems (OTCPK:QGSI) down 46%
From the hive mind š§
AI put to good use! And nice of the Guardian to show a positive story about AI too. AI helping to identify art forgeries is handy. Unless the AI finds AI created forgeries and decides to look after its mates š¤
On one hand its nice to see a UK company raising big money at a big valuation from big tech heavy hitters. On the other hand, all private, all out of bounds for regular investors who want to invest in these opportunities. Anyway, itās still something good for the UK AI industry.
Iāve seen some of the real images from the Met Gala this week and I thought they were AI generated. Nope. Just really weird outfits. And then there were really weird AI generated images from the Met Gala that looked like were meant to be there. The funny thing about all this though is our Weirdest AI image of the day section belowā¦see if you can guess, real or fake š
Artificial Polltelligence š³ļø
Poll time again!
I believe that last week you correctly predicted the result of the 2024 US presidential election.
Therefore I am once again asking you to predict an outcome for meā¦
Weirdest AI image of the day
Voldemort in drag at the Met Gala ā r/Weirddallee
ChatGPTās random quote of the day
“Technology is best when it brings people together.” – Hiroshi Mikitani, CEO of Rakuten
Thanks for reading, and donāt forget to leave comments and questions below,
Sam Volkering
Editor-in-Chief
AI Collision
The whole financial structure of the world has changed (is changing) but the one thing the same is that whoever has the money, has the power. From where I stand in the street among all the passers bye I see the conventional finance institutions (including national) losing their grip on their market place. I sense in the UK that the retail banks (especially RBS) are in fear of losing their control over the retail customer.
The potential for the man in the street to buy and influence stocks is in sight (maybe!). When this happens the weight and power of traditional investors can change. The private biggies (Not necessarilly under control of national governments) will maintain their positions from a position of know-how and know-what. They retain their independance with aid of Blockchain and Krypto but with the ease of the man in the street to invest smaller amounts will become considerable and an important influence on the balance of control. It may take a long time, maybe not so long. I can’t wait ….. but then I am too old to wait!
I do not think Gold will for ever retain the importance that it has enjoyed to date.
It isn’t ‘Europe’ that is over regulating AI it is the EU. The UK is taking a light touch see what happens approach, for now that is until Labour gets in and give the EU a good run for their money, so it is probably better to be specific about these things and say EU or UK.
We can’t invest in the SPAC behind the company on HL. I have asked them about it and they said they don’t offer access to US listed SPAC’s any longer due to past issues they’ve had with them (UK listed ones are fine). They asked me to put in a request when the ticker changes, when it relists, and they will look to add it. Though this could take a few days, As it is happening tomorrow it will be well into next week. I’ve had to make a small purchase through my other broker which is IG. No issue there.
Yeah, increasingly finding that HL is infinitely frustrating. Never such issues with ii or IG or Degiro and those other brokers. HL used to offer them, then made the call on behalf of everyone they weren’t suitable. Such is the might of the institutions.