DCVC annual report

Reasons for long term optimism (beyond the current political horizon) about the US and world economy. I met Matt Ocko back in 2014, when DCVC invested in a hardware startup which was wildly overambitious about what it could achieve. Since then he has very substantially scaled the company. Here is it’s third annual report.

Pulling out just two examples

– investment in Mythic, a maker of matrix processors enabling parameters used in the training and inference phases of a generative AI program such as a large language model to be  stored directly in the processor rather than in separate memory, so as to get “more compute in more places that works faster and for less power” 

– investment in Q-CTRL, which builds error suppression software that improves the performance of quantum computers, and has pioneered a new generation of quantum-enabled navigation technology