Artificial Intelligence

AI is accelerating faster than many expected and is set to become a central technology catalyst, potentially accounting for more than 60% of global equity market value by 2030. We believe profitability and ethical progress can move together, so we back pioneering companies that pair strong returns with responsible development.

Our focus spans foundation and multimodal models that handle text, images, audio, and video to elevate performance and user experience. We track advances in hardware and software that could reduce training costs by roughly 75% annually through 2030, and we champion ethical practices in concert with regulators and industry so trustworthy systems can scale. We also emphasize productivity gains, including AI assistants that could lift software engineer output tenfold by 2030, and we look for proprietary, domain-specific data that creates durable moats.

With governments and corporations embracing AI's potential, the landscape is primed for adoption and impact. By investing across these vectors, we aim to help build a more technologically advanced and ethically sound future.