Convergence Appliers First
Eyal Cohen@eyalccohen
−5.9%
since Sep 30
The idea
I believe quantum, AI, and robotics are converging to reshape entire industries within the next decade, and the biggest winners will be the companies that apply all three to real products, whether that's surgery, farming, warehouses, or defense. So the core of this basket is those appliers, backed by the giants building all three under one roof, the suppliers every wave depends on regardless of who wins, and a small slice of pure quantum names for the furthest-out part of the bet.
What it owns
- Companies using AI, robotics, and eventually quantum to actually do things in medicine, farming, warehouses, and defense win the most. · Intuitive SurgicalIt turns surgery into a product hospitals buy by combining robots with AI, spreading systems and folding better AI into procedures., TeslaIt combines AI and robotics off the shelf to build autonomous cars and the Optimus humanoid robot, converting research toward real shipped products., Axon EnterpriseIt takes AI and hardware to build public safety products police departments pay for, converting features like automated reports into growing subscription revenue., Deere & CoIt turns the convergence into harvests using autonomous tractors and AI-guided spraying, with farmers adopting autonomy as software rather than just buying machines., SymboticIt builds whole robot fleets that run warehouses by combining AI and robotics, with big customers like Walmart expanding deployments and backlog turning into installed systems., Kratos DefenseIt builds cheap autonomous drones from off-the-shelf AI and robotics for defense, winning as defense budgets shift toward autonomous systems., Tempus AIIt turns AI plus massive medical data into diagnostics and treatment guidance doctors use, with health systems signing on and AI products growing as a share of revenue., Recursion PharmaceuticalsIt uses AI and automated robotic labs to find drugs, applying the convergence to biology with pipeline candidates advancing and big pharma partners funding the approach.40%
- A few huge companies are developing AI, robotics, and quantum under one roof, so they win almost any way the convergence plays out. · NvidiaIt sells the compute that AI, robotics, and quantum research all run on, so it wins as long as the convergence keeps accelerating., AlphabetIt builds frontier AI, a serious quantum lab, and robotics research under one roof, and needs to turn that research into products and cloud revenue., MicrosoftIt builds AI and quantum into the same cloud infrastructure businesses already run on, reaching the convergence to everyone else through Azure and quantum milestones., AmazonIt builds the technology while running the biggest fleet of warehouse robots, so its robotics cut fulfillment costs while AWS rides AI demand., IBMIt has the longest-running public quantum roadmap plus enterprise AI, covering the furthest-out leg of the convergence inside a stable company hitting published milestones.31%
- Chips, testing gear, and factory automation get bought by every applier regardless of which one wins. · Taiwan SemiconductorIt makes the advanced chips every part of this wave needs, no matter which applier wins or where growth comes from., TeradyneIt supplies robot arms through Universal Robots and tests the chips the wave runs on, an ingredient seller to everyone with robot orders and chip test demand growing., Rockwell AutomationIt provides the plumbing letting ordinary factories adopt robots and AI, an ingredient layer for appliers, and needs factory automation spending to keep climbing.14%
- Small, risky bets on quantum itself, the furthest-out piece of the convergence. · IonQIt is a pure bet on quantum computing done with trapped ions, staying in as systems scale and paying customers keep showing up., D-Wave QuantumIt is the one quantum company selling machines that solve real optimization problems today, the earliest place quantum touches actual work with commercial customers buying., Rigetti ComputingIt covers the superconducting approach to quantum, a different technical path than trapped ions in case that route wins, hitting chip milestones with sufficient cash.7%
- Cash8%