AI capex is estimated to account for a huge 64-80% of US Q4 2025 growth. Via @azeem.bsky.social

Secondary sales of private startup shares have grown from 3% of all VC exits in 2015 to 31% today @azeem.bsky.social

Peak China carbon? China’s CO2 emissions fell 0.3% in 2025 – flat or falling for 21 straight months via @azeem.bsky.social

Now that's inflation

Happy New Year all

Concentrated returns - AI-related stocks have accounted for 75% of S&P 500 returns and 79% of earnings growth since the launch of #ChatGPT three years ago via @azeem.bsky.social

People are spending more time chatting with Gemini than ChatGPT, according to SimilarWeb data.

We compiled all the hottest AI wearables currently available, including Bee, Friend, Plaud, and more.

Just shows how unprepared for Brexit the UK was. Researchers estimate UK GDP is 6-8% lower in 2025 due to #Brexit, based on nearly ten years of data via @azeem.bsky.social

China’s emissions are flat. CO2 emissions from China have been flat for the last year, with almost 90% of new electricity demand met by renewables via @azeem.bsky.social

on.ft.com/4paXqGo UK raises bank deposit guarantee from £85,000 to £120,000 to keep pace with inflation

Immigration is good for a host of reasons (fill in the long list of benefits at your leisure) Unlimited immigration is not good because we can't manage - we don't have enough hospitals, schools, housing etc Illegal immigration is certainly not good because it undermines legal #immigration

Which EU economy has seen the fastest growth in GDP per capita over the last 20 years? Poland. Polish GDP per capita has risen 116% since 2004, well above the EU average of 27% and a larger increase than in other fast-growing economies such as Ireland, Romania or Spain. @deloitteuk.bsky.social

Brilliant book. No wonder it’s so widely read. #lessonsinchemistry

Here’s software efficiency. Alibaba Cloud slashed the GPUs needed to serve dozens of AI models (up to 72B parameters) by 82% using its Aegaeon pooling system. This is software substituting for hardware at a meaningful scale via @azeem.bsky.social www.scmp.com/business/art...

Great to be at the opening of the Innovate Cambridge Summit today #cambridge

Good to see one of portfolio companies @unlikelyAI written up in @siftedeu sifted.eu/articles/ale...

Wow.GenAI goes mainstream. China’s user base doubled to 515 million in six months, now over a 1/3rd of the population. Across six major markets, weekly usage jumped from 18% to 34% year-on-year. Behavior has flipped from curiosity to habit via @azeem.bsky.social

Premium subscriptions ↑ About 70% of OpenAI’s $13 billion in annualized recurring revenue comes from roughly 40 million paying subscribers @azeem.bsky.social

We are not doing enough

Ignore this at your peril. China controls more than 90% of the world’s processed rare earths and magnets, and from 1 December any product with over 0.1% rare earths will need an export license @azeem.bsky.social fortune.com/2025/10/12/c...

It is no surprise so many homegrown startups look for better customers in the US and Asia.

Strava, the 16-year-old fitness tracking app, is gearing up to go public, the Financial Times reports. CEO Michael Martin told the FT that the San

Sluggish at best. After an H1 increase UK business sentiment and risk appetite have softened amid growing concerns around costs and competitiveness. This is consistent with our view that the pace of UK GDP growth is likely to slow in H2 of this year.  @deloitteinsights.bsky.social

China’s EV lead is increasing China exported 1.5 million electric vehicles and hybrids so far this year, up 87% YoY. Via @azeem.bsky.social

It’s only one measure of tech prowess but an important one. China is leading in 57 out of 64 critical technology categories, measured by its share of the top 10% of high-quality scientific publications @azeem.bsky.social substack.com/redirect/aa7...

About time too - Keir Starmer set to unveil digital ID scheme

It’s been a bumper week for US tech giant funding in the UK

For angel investors and entrepreneurs this excellent book by the late great Peter Cowley is still as relevant today as it was when it was published #angelinvesting #investedinvestor #Entrepreneurship (See Peter in my profile photo a few weeks before he died)

Data centers - Morgan Stanley expects global spending on data centers to hit nearly $3 trillion between now and 2029 – about the size of France’s economy. Approximately half of this is expected to come from Big Tech capex. Via @azeem.bsky.social #datacentres

US Market concentration ↑ The net income of the S&P 500’s ten largest companies has grown by 180% since 2019, while the rest of the index grew by just 45% via @azeem.bsky.social

YouTube is now the second most-watched TV service in the UK, according to Ofcom, behind the BBC but above ITV and Channel 4

Data centre construction spending in the US has more than doubled since ChatGPT’s launch via @azeem.bsky.social

Impressive growth from a portfolio company of mine. #Inforcer Accelerates Microsoft AI Enablement With $35m Series B Funding Round: ‘The Opportunity Was Now’ www.crn.com/news/channel...

Good write up of the Cambridge and Manchester partnership. Opinion: Manchester X Cambridge partnership makes city "a key player in the global innovation landscape" - Prolific North www.prolificnorth.co.uk/news/opinion...

Homegrown startups quietly winning in high-impact sectors like defence and biotech.

Wow we should all be thinking hard about this. Since 1901 the sea level around the UK has risen by 19.5cm, 2/3rds of this (13-14cms or 5 inches in old money) since 1993! on.ft.com/4lzrgmM UK sea level rising faster than global average, study finds #climatechange

UK politicians and policymakers underestimate this at their peril - China’s engineering bet - 36% of students are funneled into engineering – 7x the US/UK rate – as it races to dominate high-tech via @azeem.bsky.social

Y Combinator just dropped its Spring 2025 batch, and it's an agentic AI takeover. Over half of the 144 companies are building AI agents — the clearest signal yet of where enterprise automation is headed. @cbinsights

Really enjoying David Cleevely CBE FREng FIET ‘s new book Serendipity. It doesn’t happen by accident. So many themes I recognise. As the saying goes you make your own luck in life. Liking “density driven innovation”

Y Combinator’s AI bet ↑ AI-agent startups now make up nearly half (47%) of their spring 2025 batch

UK watchdog fines 23andMe over 2023 data breach

Great to see this collaboration www.cam.ac.uk/news/cambrid...

“Head changing” listening to @dalevince.com @hayfestival.bsky.social

Wow -,Starlink satellites launched since 2019 account for nearly 40% of all satellites in orbit, with expected revenue reaching $12bn this year Via @azeem.bsky.social on.ft.com/4kBMkYE

I’ve read the book now I am going to listen to the man who wrote it @d_spiegel @hayfestival.bsky.social

China’s R&D spending hit $500 billion in 2023, approaching US levels, including $200 billion specifically invested in AI firms via @azeem.bsky.social @wsj.com

This should come as no surprise - Cambridge is the UK’s most innovation intensive city, says #dealroom report www.cam.ac.uk/news/cambrid...

No visit to Manchester is complete without a visit to the Alan Turing memorial statue. #AlanTuring #AI

The UK’s population will reach 70m this year. As Michael Caine famously said not a lot of people know that www.icaew.com/insights/vie...