It’s a treat for AI enthusiasts today on the Daily Dive as we welcome on the show for the first time Claude Theoret, founder and CEO of AI-focused holdings firm Xmachina.
Claude joins us to discuss AI and deep learning (0:52), as well as the status and prospects of the industry (3:47). He also shares an overview of Xmachina (6:40), the process behind its acquisition strategy (9:40), and how Claude became an astrophysicist-turned-entrepreneur (12:15).
Xmachina-AI differentiates itself by acting as a holding company for early to mid-stage AI companies rather than acquiring late-stage companies. The firm provides the companies with resources, growing them to be 100%-owned subsidiaries in the future. Currently, it is focused on enhancing supply-chain efficiencies, logistics and manufacturing among its portfolio holdings.
FULL DISCLOSURE: Canacom Group, the parent company of The Deep Dive, is currently long the equity of XMachina. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
