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.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.