Smarter models, sharper founders: growth investing in the AI era

Artificial intelligence represents a fundamental paradigm shift in the global economy, evolving from simple information processing into a pervasive intelligence layer. Investment strategies now prioritize identifying companies that leverage this technological change to scale operations and create long-term value. Key beneficiaries include foundation model developers like Anthropic, which focuses on enterprise-specific applications, and hardware leaders like NVIDIA, whose CUDA ecosystem remains the standard for computational power. Beyond foundational models, companies such as Roblox and AppLovin demonstrate how AI enhances user-generated content and operational efficiency, respectively. While the rapid evolution of AI—including the transition toward spatial and physical AI—requires investors to hold predictions lightly, the focus remains on identifying companies with visionary leadership and the ability to adapt to non-linear technological advancements. This shift toward autonomous agents and world models marks the next frontier for long-term growth.