Long-term Treasury yields around 5% have made government bonds attractive again, but AI infrastructure still offers a better opportunity, according to a Goldman Sachs executive. “Personally, I think the asymmetric expression is being long compute,” said Anshul Sehgal, Goldman’s global co-head of fixed income, currencies, and commodities. Sehgal said he favors AI infrastructure companies, including
In a bid to reduce its GPU costs amid an unprecedented component shortage, Meta is on track to begin manufacturing the latest versions of its AI-specific chip in September, Reuters reported, citing an internal memo. At least one chip passed its testing phase in about six weeks, according to the memo. Meta is working with
Vermilion Cliffs Ventures announced Wednesday the closing of a $25 million Fund II. The company was founded in 2023 by operator-turned-investor Ashley Smith, who runs it as one of the few solo female GPs in venture capital. Speaking to TechCrunch, Smith said this fund will continue the company’s thesis of backing technical founders, specifically those
