AI’s next act is built on semiconductors, power, and data — not just models. In this 4-minute distillation of a 1-hour conversation, host Jack Altman and guest Thomas Laffont unpack why infrastructure (semis, data centers, reliable power) and liberated enterprise data will determine who wins the AI race. You’ll get Thomas’s thematic, research-driven capital allocation approach across public and private markets, practical power plays (nuclear, LNG), why “the system of record is dead,” and the venture playbook that values conviction, disclosure, and founder magnetism. Expect actionable insights on sourcing, diligence, and scaling with clarity. Listen now to get the key ideas in minutes.
