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    Home»ETFs»T. Rowe Price Bets on Fixed-Income ETFs With F/m Investments Deal
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    T. Rowe Price Bets on Fixed-Income ETFs With F/m Investments Deal

    August 24, 2026


    When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

    Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

    At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

    Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

    Put another way, that’s roughly equal to:

    • 175 Teslas
    • 107 Amazons
    • 140 Metas
    • 84 Googles
    • 65 Microsofts
    • And 55 Nvidias

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    Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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    • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
    • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
    • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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    Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

    But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

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    This prediction might not be bold at all:

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