Manish Malhotra

Our inaugural research examines whether Anduril can turn private capital, autonomy software, and ambitious factories into durable defense production. What happens when a defense software company begins building aircraft, munitions, factories—and components for nuclear submarines? Anduril is trying something few venture-backed companies have attempted: bringing a software-defined,

Anduril is evolving from an autonomy software challenger into a vertically integrated defense producer. This research examines whether its Lattice platform, private capital and Arsenal factories can deliver certified systems at scale—on schedule, with repeat orders and durable economics.

Deterrence used to hinge on warhead counts — now it hinges on milliseconds. We break down why autonomous defense systems, cross-domain integration, and the industrial base behind them may be the most mispriced asset class in venture today, and where the edge actually lives.

We read the 756-page Final Report of the National Security Commission on Artificial Intelligence through an investor lens. This is our summary — written to help more people find, read, and act on the single most consequential AI policy document of the decade.

China didn’t just compete its way to superpower status — it stole its way there. Former DIA Director David Shedd reveals the largest intellectual property heist in human history, and why every investor and technology leader needs to pay attention.

"Stability is the new risk." Arun Gupta's The Mission Generation makes the case that in an age of AI disruption and institutional collapse, purpose isn't a luxury — it's the only career strategy that compounds.

Anthropic’s Fable 5 and Mythos 5 release is more than a model upgrade. For investors, it signals a new enterprise AI architecture where access, routing, retention, auditability, and governance may become core to how frontier AI is commercialized.

Intelligence that talks has been perfected. Now comes intelligence that builds. A thesis on AGI Engineering — and why I believe the physical world is the next frontier for transformative capital.