Billionaire Paul Tudor Jones Just Sold all of His Palantir Shares and Is Piling Into This AI Stock Split Stock With a Massive Catalyst on the Horizon

Investors have flocked to artificial intelligence (AI) stocks this year, and as a result these technology players have led gains in the S&P 500, helping the index climb more than 21%. Why such an interest in AI? Because it has the potential to transform many industries, making companies more efficient and profitable -- and even resulting in major discoveries like life-saving new medicines or high-performance autonomous vehicles.Today's AI market already is worth more than $200 billion, and analysts predict this will expand to more than $1 trillion by the end of the decade. Companies that are developing AI tools or using AI to improve their businesses should be the first to benefit, and they will share the win with investors.This hasn't escaped the attention of billionaire investors, who have been heavily investing in AI companies. But they aren't buying all AI players right now, and at this stage of the story, are making key decisions about which companies have the most to gain in the months ahead. Billionaire Paul Tudor Jones of Tudor Investment is the perfect example. He recently sold his entire Palantir Technologies (NYSE: PLTR) stake and piled into an AI player that completed a stock split this year -- and has a huge catalyst on the horizon. Let's find out more.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool