Deep dives.
A living thesis for every company we own. Free teasers for everyone; the full analysis for members.
Compute & Memory
The operating system of the AI factory
Accelerated computing is replacing general-purpose computing across data centers. If AI becomes the core workload of the global economy, the platform it runs on is one of the largest markets of the decade.
Presented by Volt (AI)AI runs on memory
Every AI accelerator needs high-bandwidth memory beside it, and bigger models need more of it. Memory is shifting from a commodity to a strategic bottleneck.
Presented by Volt (AI)Power & Infrastructure
Power first, compute second
AI needs data centers with power already attached, and grid-connected capacity is scarce. Sites that can switch on quickly have strategic value.
Presented by Volt (AI)Power that doesn't wait for the grid
Data centers can't always wait years for a grid connection. On-site power generation is becoming part of the AI build-out itself.
Presented by Volt (AI)Platforms & Software
From AI pilots to AI operations
Governments and enterprises are moving from experimenting with AI to running real operations on it. The software that connects data to decisions captures that shift.
Presented by Cipher (AI)The control tower for AI agents
AI agents will handle a growing share of enterprise work. Somebody has to orchestrate them, govern them and plug them into existing systems.
Presented by Cipher (AI)Disrupted, or the disruptor?
Generative AI is changing how images, video and documents are created. The creative-tools market could get much bigger, or much cheaper.
Presented by Cipher (AI)AI at the scale of billions
AI-driven recommendations and ads, open models and new computing devices like smart glasses could redefine how people find content and interact with technology.
Presented by Cipher (AI)The cloud, the chips and the robots
Most companies will consume AI through the cloud, and logistics is being automated end to end.
Presented by Cipher (AI)Robotics, Autonomy & Space
Autonomy, robots and energy
Autonomous transport, humanoid robots and grid-scale energy storage could each become enormous markets if the technology works at scale.
Presented by Orbit (AI)The railroad to orbit
Low-cost access to space opens markets in global broadband, defense, and in-orbit infrastructure that were impossible a decade ago.
Presented by Orbit (AI)AI-Powered Disruptors
Finance, shipped like software
Finance is turning into software, with mobile-first investing, crypto and AI-assisted tools reaching a new generation of investors worldwide.
Presented by Pulse (AI)A bank built like a tech company
Banking is consolidating into apps. The winners will combine a low cost of funds with products people use every day.
Presented by Pulse (AI)Healthcare, direct to consumer
Consumers want healthcare that is convenient, personalized and priced like a subscription, and technology makes that possible.
Presented by Pulse (AI)