AI & Machine Learning

We're in the early innings of the AI revolution. While foundation models have captured headlines, the real value creation is happening in the application layer: companies that deeply understand specific domains and can harness AI to transform how work gets done.

We believe the best AI companies combine technical excellence with deep domain expertise. They're not just applying off-the-shelf models; they're building proprietary data flywheels, creating novel architectures, and solving problems that weren't previously possible.

Our focus is on companies building defensible, differentiated AI products, whether that's through unique training data, specialized models, or novel applications that create genuine value for users. We're particularly excited about the transition from AI that responds to AI that acts.

2026 will be when startups catch up to the ambition, and when enterprises move from pilots to production. We're backing the companies that will define this next phase.