Venture Capital What Does DeepSeek Mean for AI?What Does DeepSeek Mean for AI? Not as much as the market would have you believe. This past Monday, most publicly traded AI companies saw a sharp devaluation from the emergence of a new AI model called DeepSeek R1. DeepSeek…Read more Artificial Intelligence Investing in Payman2025 will be the year of the AI agent, but agents won’t be capable of performing all tasks asked of them this year. They may never be capable of doing everything a human does. That’s why we invested in Payman in…Read more Investing in IconicWe’re investing in Iconic via Deepwater Venture Fund II as the company looks to redefine the development of video games by building an AI-native studio that will deliver benefits to players via new types of experiences where they are in…Read more Investing in AffineonWe’re investing in Affineon via Deepwater Venture Fund II as we believe the company’s AI-based platform will become a core tool for clinicians to streamline workflows and drive incremental revenue. Non-billed time spent by clinicians on administrative activities can be…Read more Venture Capital, Venture Portfolio Investing in SymbioticWe’re investing in Symbiotic via Deepwater Venture Fund II as we see the company becoming the world’s premier lab dedicated to machine creativity, a key step to achieving ASI (Artificial Superintelligence). Symbiotic is building frontier artificial intelligence by reverse engineering…Read more Doug ClintonThe Age of Infinite IntelligenceGetting Close to AGI A year ago, Jack Kendall from Rain told me we’d hit artificial general intelligence (AGI) by 2025. I thought he was crazy. Turns out he might be right. OpenAI’s GPT o3 looks like we’re getting closer to AGI. The…Read more Artificial Intelligence Andrew MurphyHappy Thanksgiving: Thoughts on Love and TrustHappy Thanksgiving to the Deepwater family. We shared this note with our investors. May your holidays be filled with love and trust. In keeping with tradition, I’d like to share a quick note of gratitude. Because of you, we have…Read more Load More Go Deeper The Newsletter Our work sent directly to your inbox. Subscribe to our newsletter for a regular summary of our work, along with links to stuff we’re reading. Subscribe