Covering artificial intelligence and how it is creating the next generation of wealth opportunities.
Payments used to be about owning the rail. Today, the real prize is owning the brain that routes money across rails in real time. AI is accelerating that shift, and it’s a problem for many listed payment companies. Network giants like Visa and Mastercard still benefit from scale, data and global acceptance. But as AI makes it…
For years, Wall Street’s biggest firms treated AI as a back‑office tool. That’s changing fast. A new wave of AI‑native companies is attacking core profit pools across banking, asset management, wealth and investment banking. In lending and small‑business banking, startups like OffDeal and other AI‑first “investment banks for SMBs” are using agents to automate sourcing, outreach, data…
Elon Musk has floated an eye‑catching goal: ramp solar manufacturing to around 100 gigawatts per year, roughly twice today’s total US solar installations, with the aim of powering data centers on Earth and in space. The big idea is that AI will be constrained less by chips and more by electricity, so owning a huge,…
Insurance just hit an important milestone: for the first time, a regulated insurer can quote real home insurance directly inside an AI chat interface. Tuio, a Spanish digital insurer, has launched an app inside ChatGPT that lets users describe their home in natural language, answer follow‑up questions, and receive a personalised quote in real time…
In my earlier post on how AI agents might be “killing SaaS,” I argued that the real risk isn’t software disappearing—it’s value shifting away from thin UIs toward data, workflows, and domain intelligence. This same lens helps explain why so many people now feel “done” with subscriptions, even as software revenue keeps compounding. On the…
In my earlier piece on how hyperscaler capex is shaping the next market cycle, I argued that AI infrastructure spending is becoming one of the most important macro signals to watch. Over the past week, Alphabet and Amazon effectively doubled down on that thesis. Alphabet’s Q4 commentary points to a “multi‑year” AI data‑center build‑out and…
Artificial intelligence is not hitting every industry in the same way. Some sectors face direct automation risk, while others mainly gain a productivity boost. Understanding where AI bites versus where it benefits can help investors think more clearly about long‑term winners and losers. Two dimensions matter: Sectors like software, business services, media, and some financial…
As AI agents like Claude Cowork mature, a big question hangs over enterprise software: do they erode SaaS businesses, or unlock a new layer of value on top? Investors clearly worry that an AI “middle layer” sitting between users and apps could compress pricing and even replace certain tools entirely. In the best realistic case for vendors,…
Claude Cowork is more than another chatbot; it is an “outcome‑oriented” AI agent that can plan and execute multi‑step work inside your existing folders and apps. You give it a clear goal, like “prepare a client briefing pack from this project folder,” and it figures out the sequence: organize files, extract key points, build slides…
For years, AI tools have lived in the browser: you paste in some text, get an answer back, then copy‑paste into your “real” work tools. Claude Cowork breaks that pattern. It is Anthropic’s new “agentic” mode inside the Claude desktop app that can plan and complete multi‑step tasks directly on your computer. Instead of chatting…