Part 5/8:
James has his eyes on Anthropomorphic AI and Hugging Face, companies that he believes will see substantial growth thanks to their innovative approaches to AI. Meanwhile, Max is banking on his picks, including Data Bricks and Cohere, to gain traction and positively surprise in valuations.
The Importance of Strategy in AI Investing
When discussing their strategies, the complexity of AI investments becomes evident. The underlying theme is that not all companies are created equal, and some may even see their business models rendered obsolete by advances in technology. Eric emphasizes the need for foresight, particularly around coding and generative AI, through picks like Codium and Harvey, both focusing on empowering engineers with AI tools.