Chapter 245: Close AI

"Ah, okay! Chairman Su, this is an analysis report we've compiled, summarizing the currently trending sectors and related companies in the market."
Su Hao took the report and began to read it.
Fang Huan Investment's current fund size is often in the tens of billions. Unless another global financial event of the magnitude of a "volatility apocalypse" occurs, achieving rapid and massive asset appreciation is extremely difficult.
The safest approach is simply to learn from those private equity giants and directly acquire companies with potential for value reshaping;
Or, to cast a wide net, diversify investments, and steadily enjoy the dividends and stock price appreciation.
"..."
Su Hao quickly flipped through the report, his speed more like a high-precision scan than reading.
However, at that moment, his mysterious intuition suddenly ignited.
"AI?"
Artificial intelligence.
Su Hao knew that since the end of last year, the capital market's expectations for AI had been steadily rising, with hot money pouring in.
The problem is that current AI technology, to put it nicely, is "still in its early stages," and to put it bluntly, it's "artificial stupidity."
Therefore, the skepticism far outweighs the optimism.
Most people believe that the kind of strong artificial intelligence depicted in movies—capable of free dialogue and even developing emotions—is at least twenty years away, or even longer.
So, AI concept stocks are actually more hype than substance, not a truly hot sector.
Because everyone feels that this thing is still a long way from commercialization and becoming part of ordinary people's daily lives.
After all, the so-called "AI assistants" on our phones often don't understand human speech and are like clueless idiots.
But something strange happened.
Su Hao's intuition clearly pointed to the broad field of "AI," and the entire sector seemed to glow slightly in his eyes.
However, when he looked at the listed companies, that glow disappeared; none of them elicited any particular reaction from his intuition.
This conveys only one message: the direction is right, and there are big fish in the AI ​​field.
But none of the companies on the current list are worth his investment!
“Have the research department re-examine the AI ​​targets and give me a more detailed report.”
“Ah, okay, Chairman Su.”
Su Hao occasionally has sudden whims:
When will a super AI truly appear, where he can simply throw a stack of reports at it, say “Summarize this,” and it can automatically extract the core information, intelligently analyze, and provide a perfect summary?
That would be wonderful.
After a while, a researcher knocked and entered:
“Chairman Su, this is the latest report. As per your request, the research department has re-examined the companies in the AI ​​field, and this list is much more detailed than the last one.”
Looking at the brick-thick report before him, Su Hao's eye twitched slightly, but he still nodded.
"Okay, let me see."
The only saving grace is that, although he doesn't yet have an AI that can quickly compile reports for him, he himself possesses an intuition far surpassing that of any AI!
He took a deep breath and activated the scanning mode again, his eyes rapidly scanning the pages.
A massive amount of data flowed through his vision, yet it stirred not a ripple in his heart.
Still nothing!
Was he looking too fast, his intuition failing him?
Just as doubt began to creep into his mind, an unremarkable English name abruptly caught his eye.
“Close AI?”
This was a non-profit company founded two years ago.
In other words, it was an idealistic, money-burning organization not aimed at making a profit.
Its main business was AI development.
That's it!
When Su Hao's gaze locked onto this company, his mysterious intuition suddenly shone brightly!
"This company has several founders...
One of them is one of the world's top 100 richest people, a man named Musk."
Musk.
Su Hao recognized the name. A tech visionary with a net worth of over two hundred billion dollars, who runs an electric car company called "Tesla."
The researcher began to explain:
"Currently, 'Close AI' is a non-profit, privately held company.
It's on our investment shortlist because Musk is preparing to sell all of his shares."
"His own shares?"
"Yes, it's about 45% of the company's equity. It's said he personally invested hundreds of millions of dollars in the early stages.
But recently, 'Close AI's' research direction conflicted with the AI ​​project being developed by his own company, 'TLAS,' so he plans to withdraw completely."
Now, he's looking for a buyer for this stake.
The problem is, it's a non-profit company, and incredibly small, with only a few dozen employees.
Most critically, in the two years since its founding, the company has produced no notable achievements.
Therefore, no one is willing to take it over.
"He's planning to sell this 45% stake for $200 million?"
"Yes. According to our estimates, he invested far more than that initially.
The price has been repeatedly lowered because he hasn't been able to find a buyer.
In short, the fatal flaw is that 'Close AI' has produced no results to date; it's a bottomless pit of money, which deters all potential investors."
In short: this is simply not an attractive investment target.
Even because it's a non-profit company, it's impossible to expect much profit from it in the future.
'But why…'
Su Hao discovered an extremely strange phenomenon.
The deeper his conversation with the researcher went, the more negative information he heard about "Close AI," the brighter and more dazzling the light he saw became!
Finally, within the light, a peculiar symbol suddenly emerged:
It resembled a rapidly spinning fan blade, or a blooming lotus flower, radiant and mysterious!
"...Chairman Su?" Seeing Su Hao suddenly fall silent, his eyes fixed, the researcher couldn't help but ask softly.
Su Hao snapped back to reality.
"Thank you, I received the data."
"Ah, okay. Well... I'll head back now."
After the researcher left, Su Hao lowered his gaze again to the report.
The peculiar symbol imprinted on his retina seemed to have become an afterimage, still hovering above the report, spinning around.
In his mind, it was as if a little person was shouting through a megaphone in his ear: Buy it! Buy it! Buy it!
"Heh, interesting." He gently closed the report, muttering to himself, "Anyway, it's not expensive, I'll buy it!"
So, the first step...
will begin with meeting this legendary Musk!