Gradient Ascent

Investing in the Age of A.I.

Mission

To fund the A.I. led transformation of the global economy.

Premise

The AI transformation will be capital intensive. Much of the world's capital is invested conservatively and is entirely unavailable to fund new technology, no matter how promising. As a result, very soon the constraining factor to drive the AI boom forward will not be GPUs or memory, but capital. This means there is a huge opportunity to add value by filling the gap, and that the capital which does so will be richly rewarded.

Opportunity

As the global economy is transformed, every stock in the world will need to be repriced. Many existing stocks with benefit from extreme tailwinds, while others will be faced with extinction. Finding the natural winners and selecting from them the ones with the teams and leadership who understand the opportunity and how to execute on it well will be the great challenge we set ourselves over the coming years.

Alpha

Our alpha does not depend on our ability to predict the future of AI. Instead, our core value add is to translate what is current in the AI community into actionable opinions and predictions about financial assets. We combine this industry insight with our knowledge of public market dynamics, and deep dives into effected companies, to isolate the best investment opportunities.

Investing in the Age of A.I.

Perhaps everyone always feels like they are living in an age of unprecedented progress, but this certainly feels like this is the most interesting decade I've been alive for. The future is both exciting and terrifying, and I think it's okay to feel both in equal measure. Despite A.I. being everywhere nowadays, it still feels like very few have fully grasped how impactful it will be on all our lives.

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