What AI 2.0 Stock Is James Altucher Teasing? (“Elon’s Silent Partner”)

James Altucher of Paradigm Press has released a new stock teaser presentation about a company he’s calling “Elon’s Silent Partner.”

In short, Altucher claims that “AI 2.0” (or “artificial superintelligence”) will create fortunes for investors and that the company he’s pitching could rise by 1,000% within a few years…

“I believe Elon’s silent partner… the one developing the key… the brain… for AI 2.0… stands to become one of the biggest winners in this next phase of the bull market…

“Potentially rising as much as 1,000% over the next 2-3 years.”

Source: https://web.archive.org/web/20250416001731/https://pro.paradigmnewsletters.org/p/aln_finalproject_1224/LALN5205/Full

The presentation was very overhyped.

There are many bold, flashy claims of making lots of money off of the “silent partner” stock he’s pitching, and I would recommend taking it with a (huge) grain of salt.

Nevertheless, I wanted to know what Altucher was raving on about.

So I decided to take a closer look (and found the ticker in the process). Read on to find out what James Altucher’s prediction is all about and what stock he’s teasing.

Breaking Down Altucher’s AI 2.0 Prediction

Despite all the projects Elon Musk has going on, James Altucher believes that his “real goal” is to create the most powerful AI on the planet.

He explained that Elon Musk is building “the most advanced AI facility known to man” in a warehouse in Memphis, which has been dubbed “Project Colossus.”

This is a real project.

In short, it’s a massive AI supercomputing warehouse housed in a repurposed Electrolux factory, and it was built by Elon Musk’s xAI company.

And from what I can see, the company’s plan is to scale it up to 1 million GPUs in the near future and use that (massive) computing power to develop Grok (Musk’s OpenAI competitor).

What’s the big deal for you and I?

According to James Altucher, this will lead us to the “true power of artificial intelligence” and usher in a second, more powerful “wave of AI euphoria” on Wall Street.

In other words, he believes this marks the beginning of his AI 2.0 prediction and that investors who know how to play it could make a fortune.

So, what’s he recommending?

It’s not possible to invest directly in xAI because it’s a private company. So, Altucher is recommending a company that he says “supplies the key to unlocking the full power of Project Colossus,” which he claims Elon Musk “cannot do without.”

Altucher explained that the company’s technology allows all of the Nvidia chips used in Elon Musk’s supercomputer warehouse to “work together.”

And he said the company is a “dominant and established brand,” yet it’s still smaller than the likes of Nvidia, Tesla and Microsoft.

He didn’t go into much detail on exactly what the company does. Instead, he shared a somewhat vague metaphor about how it’s the “brains” of AI.

“Think of Nvidia’s chips as the neurons… or brain cells inside of the artificially intelligent brain.

“What this other company makes… is the brain itself.

“The web… or link… that puts all of these chips together… combining their power into one all-powerful, autonomous neural network.”

What stock is he talking about?

Read on.

What’s the “Elon’s Silent Partner” Stock?

Aside from what we just discussed, James Altucher shared several specific clues about the company he’s teasing. A lot of what he said was sales hype used to promote his newsletter, Altucher’s Investment Network, but I sifted through that to find the tangible hints.

And the following is a breakdown of what I learned:

• The company recently signed a $5 billion contract with Elon Musk to expand Project Colossus.
• 98% of Fortune 500 companies are working with the company.
• The company has “over 50,000 patents.”
• According to Altucher, the company can “provide almost any AI solution that any business needs.” He says it provides computing power, storage systems, and high-speed connectivity (among other things).

What could it be?

James Altucher appears to be recommending Dell Technologies (DELL):

Dell provides computers, servers, storage systems, and IT services, and it fits James Altucher’s description very well when looking over the clues.

Most notably, according to CNBC, Dell reached an agreement this year to sell $5 billion worth of servers to Elon Musk’s company, xAI.

That is a very specific clue and, combined with the other clues, leaves no doubt that Dell is the “Elon’s Silent Partner” (AI 2.0) stock James Altucher is teasing.

Should you invest?

I can’t give you any advice on what stocks are worth investing in or not, but there are lots of great resources online if you want to learn more about the company.

For example, this article on the Motley Fool breaks down the investment case for Dell, and this page on the TipRanks website gives you an idea of what ratings analysts have given it.

You could also check out James Altucher’s report on the company. The one called “Elon’s Silent Partner: Target 1,000% Gains on the Emerging Tech Titan Making AI 2.0 a Reality.”

That said, the only way to access that is to fork out $49 for his service, Althcuer’s Investment Network, a newsletter where James Altucher recommends AI and crypto-related investments.

Only you can decide if that’s worth joining, but what I can say is that it’s not my top recommendation. Too much hype for my liking, and aside from bitcoin, I don’t like “crypto.” It’s basically one big grift that has lost (and will continue to lose) many people a lot of money. So I would recommend exercising extreme caution if you do decide to join it.

Bottom Line

James Altucher may or may not be onto something with his prediction… but at the end of the day, no one can predict the future. And his prediction that the stock could rise by 1,000% is very optimistic, so I would take that with a decent grain chunk of salt.

Anyways, I hope you found what I’ve shared here useful. At least now you know what the stock is, so you don’t have to join the service just to find that out!

Let me know what you think in the comments below.