Artificial Intelligence

Who’s the Best AI Stock Picker? I’ve been testing generative AI to build investment strategies aimed at beating legacy benchmarks. The scorecard has AI in the lead. In some cases, substantially: My process is consistent across strategies. I use ChatGPT,…

NVIDIA reported its second consecutive blockbuster quarter and guidance showing the AI theme is for real. Investors largely shrugged off the impressive results given expectations were high and the NVDA investment focus is shifting to how persistent the company's growth will be over the next few years. I believe they will continue to own the pole position in AI computing hardware at least through 2025. After that high margins will like bring in chip competition.

Show ChatGPT the Money How will Google and Bing monetize chat? Investors have pondered this question since ChatGPT roared into existence late last year. One answer is starting to become clear and probably isn’t that surprising: Ads. At least Bing…

AI Reality Black Mirrors Fiction Imagine Netflix made a TV show about how you were a terrible person. It captures all the moments where you were kind of a dirtbag. It recreates other events throughout your day that cast you…

Efficiency is time, and time is the one true currency. Innovation in pursuit of efficiency is the most powerful underlying force in driving persistent growth. Entrepreneur & author Jim Rohn said that “time is more valuable than money, you can…

Human Nature Doesn’t Change In a world facing rapid change from AI, it’s the things that won’t change that you want to build on and invest in. That’s the classic perspective from Jeff Bezos. He famously told The Harvard Business…

Last week, we talked about the trillion-dollar opportunity in Personal AI. As a reminder, a Personal AI is “a chief of staff for your life…a scheduler, an organizer, an advocate, a buyer, a booker,” per Mustafa Suleyman, Inflection AI’s CEO. More than…

The next installment in our AI series is an exploration of what we expect to be one of the biggest areas of AI in 3-5 years: Personal AI. It has the potential to create a trillion-dollar company. Maybe more than…

We don’t really know how AI models work, and we may never fully understand them. That was one of the recurring ideas from hours of interviews I watched of several different AI company CEOs. On its face, the inability of…

The year of efficiency is already working as evidenced by March revenue exceeding estimates by 2% and EPS by 9%. The efficiency page will turn, and investors will soon be thinking about 2024, when the company’s opportunity in AI will be anchored by its current impressive DAU growth. That combo should start a flywheel of AI driving engagement and ultimately increasing revenue growth.

For twenty years, the team at Loup has had a pulse on technology and a point of view on how that tech will change the world. The cutting edge of that change is frontier tech, driven today by AI, fintech,…

Earlier this week, Social Capital published its Annual Letter. In the letter, Chamath Palihapitiya, founder of Social Capital, details his viewpoint on why Big Tech should be broken up and how. I enjoy reading Palihapitiya’s letter every year, but I take…