mHUB 2024  Investor Report

Hardware: AI's Great Enabler

As the venture capital landscape faced another challenging year, one technology stands resilient: Artificial Intelligence (AI). AI has not only weathered market turbulence but has emerged stronger and the life of the party. Everyone is talking about AI, whether that dialogue be around generative AI, neural networks, or operational applications for business efficiencies. This momentum is creating profound opportunities across sectors.

While digital applications of AI – ChatGPT, Claude, Perplexity, Gemini, Copilot, etc., will unlock massive wealth-generating opportunities, there is broad recognition that a hardware revolution is needed to fuel and make AI itself more efficient. Further, the AI powered device will transform product development from automotive, to laptops and mobile devices, to robotics. Layer on opportunities around infrastructure, data centers, and chips, and AI has gotten very physical, very fast.

mHUB's 2024 Investor Report dives into the AI revolution as driven by hardware and focuses on three main domains of innovation including vertical applications and infrastructure. 

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