Chairman of the Board of Managers of the fund's adviser
Appears in 3 stories
Not the portfolio manager; serves as chairman of the adviser's board
Dan Ives, the tech analyst known for bullish AI calls, priced a new closed-end fund at $10 per share on September 30, raising $200 million to invest in private AI companies. The fund, Ives Ultra AI Opportunities Inc. (NYSE: IVAI), began trading the same day. It is the first publicly listed fund dedicated to giving retail investors access to late-stage private AI firms, a segment typically reserved for accredited investors.
Updated Sep 30
Publicly arguing the software sell-off is overdone
An estimated 220 billion lines of COBOL code still run in production every day, processing 95% of ATM transactions and roughly $3 trillion in daily commerce. For decades, understanding and modernizing that code has required large teams of specialized consultants working for months or years. On February 23, Anthropic published a playbook showing how Claude Code can automate these labor-intensive tasks—mapping dependencies, documenting workflows, identifying risks across thousands of files.
Updated May 29
Bullish on Nvidia post-Groq deal
On Christmas Eve 2025, Nvidia paid $20 billion for Groq's assets—nearly triple the AI chip startup's $6.9 billion valuation from three months earlier. The deal brings Groq's founder Jonathan Ross, who created Google's original Tensor Processing Unit, and his breakthrough inference technology into Nvidia's fold. It's Nvidia's largest acquisition ever, nearly three times bigger than its $7 billion Mellanox purchase.
Updated May 16
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
