SILICON VALLEY REMAINS AI'S EPICENTER, GV ARGUES

GV's managing partner Dave Munichiello said the velocity of AI advancement requires investors to accelerate their decision-making and market presence. The firm has already placed strategic bets on AI infrastructure and semiconductor companies, including an early investment in Modular, which Qualcomm later acquired. As competition intensifies, GV is now concentrating on the application layer of AI development. Munichiello emphasized that staying competitive in the sector demands increased time and resources committed to Silicon Valley's ecosystem. The venture capital landscape continues to evolve as AI development spreads globally, yet established hubs like Silicon Valley maintain advantages in access to talent, capital, and infrastructure. GV's strategy reflects a broader shift across the venture industry toward identifying the next wave of AI innovation opportunities beyond foundational models and hardware.