Priya Techie

NON-CONSENSUS: ACCENTURE The WSJ reported that OpenAI is partnering with Accenture to reach the enterprise. Accenture had sold off hard on the narrative that generative AI would eat the consulting business - clients would just buy the model and skip the integrator. Or view? The market got it backwards. Consultants that specialize in AI transformation won't be disrupted. Better models don't deploy themselves. @levie the bottleneck isn't model capability. It's workflow redesign. Someone has to map the process. Someone has to govern the agent, plug it into the legacy stack, and retrain the people sitting next to it. That work doesn't get done by a frontier lab in San Francisco. It gets done by a focused team of consultants on-site doing process transformation. That's not OpenAI's job. That's not Anthropic's job. That's Accenture's job. OpenAI recently inked a deal with Accenture. They are telling the world they can't reach the enterprise on their own, and need integration partners. Accenture is producing an 11% free cash flow yield. Analysts expect 10%+ EPS growth. It has not traded that cheap in the last ten years. Is it the bottom? Not yet. Are we near the landing zone? Likely. My view is that in 12 months, the name will have re-price. We break down markets every week on the Lumida Non-Consensus Investing podcast. Subscribe to Lumida Wealth on YouTube so you don't miss the next call.

this is wild! the UAE just committed to running 50% of its government on agentic AI in 2 years. outside of the US, is any other government moving at this speed?

Let me simplify it: UAE = wants access to dollars if needed Not a loan, not free money. It gets paid back Saudi did something similar during oil crashes, they raised $17B+ from global markets to make sure they had cash ready It's different tool, but it's the same idea: secure the cash before you need it Hope this helps.

Over the next year, what asset will have the most success from being tokenized?

The comments here are wild. Calling this a “bailout” is like calling a credit card free money. It’s temporary. It gets paid back. No US taxpayer is funding the UAE. 🤦‍♂️

Catalyst is now part of MEVCA! Big move. Bigger opportunities 🚀 We’re connecting founders to capital, partners, and real market access. Backing bold ideas, accelerating growth, and building a venture ecosystem that’s faster, stronger, and more connected than ever.

Since 2022, a set of “AI foundation” industries—semiconductors, cloud services, and AI software—has added $500 billion in revenues and $11 trillion in market cap. Hyperscalers have ignited an AI data-center capital expenditure boom, boosting demand for chips. And in just 3 years, the top five players have reshuffled significantly. Explore MGI’s report: mck.co/arenas2026

As AI shifts software from seat-based access to API-based workflows, what happens to professional info & research terminal companies? First, customers add API spend while cutting seats. Then, vendors will likely reprice API higher, or moving toward consumption-based pricing? Most businesses are not built around a world where one internal AI layer can serve an entire team... E.g. Today - A hedge fund have 20 analysts, each with a @Bloomberg Terminal ($30K+ per year), or $600K+ annually. New Model - Buy 1 API key, pipe the data into an internal $Claude / LLM workflow. Cost fall by 50%+. This is what AI really changes: it centralizes information retrieval. The value of the UI + search / query layer disappears. And this goes far beyond finance. Anything below are at risk: - historically sold by seat - much of the value comes from search, retrieval, summarization, basic analysis, or light workflow - the underlying data or functionality can be exposed via API - the end user does not truly need the native UI The key questions are: -> Are customers paying for the interface or for the answer and the data? If just for the data, that is more exposed. -> Do users actually live inside the product all day? If yes, more defensible. -> Is the data truly proprietary or mainly an aggregation layer? Aggregators are more at risk. -> And if you plug the product into Claude, does 80% of the value still remain? More broadly, finance has always been strangely fragmented. - @Bloomberg has real-time data and some consensus. - @VisibleAlpha has the deepest consensus detail, but not all mgmt. guidance. - @AlphaSenseInc is a strong aggregator for sell-side research and expert content. - @tradingview has great charting, but no market caps or financials. - the list goes on... Maybe AI is finally the force that breaks those walled gardens. The real risk is never expensive data. It is expensive UI.

The new Codex is another jump in what agents will look like for knowledge workers. Agents that can code, work with tools, and use computers, can begin to execute long running tasks in the background for all areas of work. This can mean drafting reports, setting up data rooms for a merger, reviewing contracts, helping onboard clients, generating marketing assets, processing invoices, and more. With the Box plugin inside of the new Codex, you can begin to automate almost any kind of work with enterprise content. And importantly, being able to work across multiple apps is a huge point of leverage because we can now far more easily connect our tools together.

@cryptodotnews Original:

As synthetic media blurs the line between fact and fiction, can new regulations and tech innovations restore public confidence? Join us to explore some of the latest developments in policy, law, regulation and standards aiforgood.itu.int/event/rebuildi…

New pod: SUDDENLY, EVERY NEWS STORY IS A FIGHT ABOUT ENERGY -> The Iran War is about energy flows -> The AI buildout is an energy project -> The future of populism—i.e., AI, electricity prices, data center moratoria—is an energy debate w/ @NatBullard Plus: - why politicians are wrong about the drivers of rising electricity prices - is the US auto industry doomed? - implications of the end of energy-demand stagnation - if the renewables vibes are so bad, why is solar still soaring? open.spotify.com/episode/2IBmF6…

@chandangoopta This is awesome!

Air India racked up a wider-than-expected annual loss of more than $2.4 billion, prompting the company to seek financial aid from its shareholders, sources say. bloomberg.com/news/articles/… 📷️: Sumit Dayal/Bloomberg

Investing Quote of the Day: “I'm putting all my money in taxes. They're sure to go up.” - Bob Hope

@Tancrededib Because we want to build among the best if we want to be the best!

You believe you need to come to SF to start your company. Why? If your reason is good I'll fly you out

Yet another addition to Labour's proud record of school closures. 25,000 pupils have been forced out of private schools since Labour came to power, more than 8 times the number the Government predicted.

Lidar manufacturer Ouster, in collaboration with 3D vision company Stereolabs, unveiled the ZED X Nano. The new device is a highly compact, wrist-mounted stereo camera engineered to power the next generation of close-quarters robotic manipulation.

Nvidia stock rose 18%+ over the past ten days, its longest winning streak since 2023; Jensen Huang said in March that Nvidia has $1T of GPU orders through 2027 (@katietarasov / CNBC) cnbc.com/2026/04/14/nvi… #a260414p33" target="_blank" rel="nofollow noopener">techmeme.com/260414/p33#a26… 📥 Send tips! techmeme.com/contact