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ReConceive

Why We Invested in ReConceive - Powering the AI Revolution, Sustainably

We live in a world powered by semiconductors. From the smartphones in our pockets to the complex infrastructure enabling online shopping and the burgeoning electric vehicle market, these tiny chips are the unsung heroes of modern life. Their importance is only set to skyrocket with the rapid emergence of artificial intelligence.

However, this incredible growth comes with a significant challenge: energy consumption. Semiconductor energy use is doubling at an alarming rate, and projections suggest that by 2030, it could devour nearly 20% of global energy production. This poses a serious threat to both economic growth and our efforts to combat the climate crisis.

Enter ReConceive, a company poised to tackle this critical challenge head-on. They are developing a groundbreaking semiconductor chip architecture specifically designed to deliver both very high performance and remarkably low power consumption compared to existing solutions. This isn't just an incremental improvement; it's a fundamental rethink of how these essential components are built.

The timing couldn't be better. We are witnessing the "iPhone moment" for AI. The computational demands of training and running sophisticated AI models are staggering. Consider this: transformer AI models are predicted to require 275 times more computational power every two years! ChatGPT alone consumes an estimated 600,000 kWh daily – a stark contrast to the average US household's 29-30 kWh. Training a single AI model can even generate carbon emissions five times the lifetime emissions of a typical car.

ReConceive's innovative chip offers a potential pathway to scale AI sustainably. By significantly reducing the energy footprint of AI computations, they are not only addressing a critical environmental concern but also unlocking the economic potential of AI by making it more efficient and cost-effective to deploy.

Beyond the compelling technology, ReConceive boasts a strong leader in Charlie Buchbinder. His impressive track record includes early involvement with revolutionary products like the iPhone and Nest, demonstrating his ability to identify and capitalize on transformative technologies. His thoughtful approach to development and production provides a solid foundation for ReConceive's journey.

The potential for ReConceive is significant. By addressing a critical bottleneck in the advancement of AI and offering a more sustainable path forward, ReConceive is positioned to capture a substantial share of a rapidly expanding market. Our backing of Charlie and ReConceive offers a chance to be part of a company that is not only driving technological innovation but also contributing to a more sustainable future.

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