Episode

How Gavin Baker Invests in AI, and Where the Bubble is Going Next

Podcast
Limitless: An AI Podcast
Published
May 28, 2026
Duration seconds
1743
Processing state
not_requested
Canonical source
https://share.transistor.fm/s/f38da741
Audio
https://media.transistor.fm/f38da741/cb2667e9.mp3
JSON
/v1/public/podcasts/limitless-an-ai-podcast-7326914/episodes/how-gavin-baker-invests-in-ai-and-where-the-bubble-is-going-next
Markdown
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Summary

In this episode, we discuss Gavin Baker’s view that AI is a super cycle, with the biggest opportunities in infrastructure, chips, memory, and power rather than software. It's interesting to pit him against Leopold Aschenbrenner, who has taken a higher octane approach to similar overarching theses. Gavin's portfolio includes Astera Labs, Cerebras, NVIDIA, Micron, and Unity Software. DYOR! ------ 🌌 LIMITLESS HQ ⬇️ NEWSLETTER: https://limitlessft.substack.com/ FOLLOW ON X: https://x.com/LimitlessFT SPOTIFY: https://open.spotify.com/show/5oV29YUL8AzzwXkxEXlRMQ APPLE: https://podcasts.apple.com/us/podcast/limitless-podcast/id1813210890 RSS FEED: https://limitlessft.substack.com/ ------ TIMESTAMPS 0:00 AI Infrastructure Thesis 1:47 Gavin’s Track Record 2:57 Bottlenecks in Chips 5:26 Unity and World Models 7:40 Inference 11:20 Four AI Constraints 17:35 Energy and Space Compute 19:08 This Isn’t Dot-Com 24:10 Supply Constraints 26:06 Conclusion ------ RESOURCES Josh: https://x.com/JoshKale Ejaaz: https://x.com/cryptopunk7213 ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠