Manages technology investments focusing on AI infrastructure, semiconductors, and neo-clouds.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
Anthropic and peers likely delay IPO to 2028 to establish revenue visibility; pacing argument helps IPO narrative but rising infrastructure costs pressure margins despite 80% reported figures.
OpenAI's IPO timeline extends to 2028 as companies need revenue visibility; 2027 compute capacity is fully committed across frontier labs and neo-clouds.
Slowing frontier model development spreads AI compute demand over a longer period rather than reducing total scale; 2027 supply chain including neo-clouds is already locked in.