An AI company suitable for this current era of war and economic instability

 ChatGPT had gone viral and $Microsoft(MSFT.US)$ does benefit from this viral trend, since OpenAI, the company behind ChatGPT, has an exclusive partnership with $Microsoft(MSFT.US)$. $Microsoft(MSFT.US)$ now plans to have chatGPT prowess to be embeded in almost all there flagship product.

One of the more interesting integration is with Bing, which could fundementally change the search business. This made $Alphabet-A(GOOGL.US)$ panic as it could fundementally disrupt their search business. This caused Google to issue a Code Red warning and forces them to release Bard, a ChatGPT copycat. However, due to a blunder in the ads where Bard gave a wrong answer, Google's share price crashed 9%. However, ChatGPT is full of error too, so the crash seems unwarranted. Thus, I fired a shot, and am currently holding a 89/125 Bull CALL spread GrinGrin
An AI company suitable for this current era of war and economic instability
An AI company suitable for this current era of war and economic instability
It started off as a 95/125 Bull CALL spread but as Google price dropped from $95 to $89, I topped up some cash to convert it to a 89/125 Bull CALL spread. "Topping up" an extra USD$305 (1345-1040) to lower the 95C to 89C.
An AI company suitable for this current era of war and economic instability
If we were to peel back the layer of ChatGPT, what it really shows is the power of AI. ChatGPT is just a use case of AI, and everyone is finally understanding the prowess of AI. This could help to accelerate investments into AI and that could help to elevate the share price of AI companies. Many investors starts piling in on AI and AI related tech companies.
In this environment, investing in tech companies isn't easy but it will be rewarding if we were to bet on the right companies. So ability to survive a recession and ability for innovation will be some critical evaluation metrics for me. Google fits the bills.
There is another AI company that I have and am trying to increase my position in too. It is none other than $Palantir(PLTR.US)$. It had fallen from grace and probably is close to the capitulation stage, so it is a good opportunity in my eyes.
I did talk about it in the post above. In the post, I mentioned that I'm betting on AI companies that can survive a recession and would probably never go bankrupt. This is because so long a company doesn't bankrupt, I can use options to turn any loss to profit over time Yeah!Yeah! Palantir does not have any debt, and it is almost impossible to go bankrupt with debt. Furthermore, in the latest earning report they finally had their first ever profit (GAAP basis).
The post was posted before the war. Now with the war, I found another reason to continue to bet on Palantir. What was Palantir build for? It was started as an AI company for the defense industry. Currently, Palantir CEO said that their technology is helping Ukraine in the war. Moving forward, AI in the defense industry will definitely skyrocket as countries are now starting to increase their defense budget. So with Palantir being in the frontier of AI in the defense industry, I think they will benefit from this new (sad) “high alert” era. So I'm likely to increase my position in them even more, by selling even more PUT options GrinGrin But please, do your own due diligence ya, invest safe CheerleadCheerlead
An AI company suitable for this current era of war and economic instability


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