Zortix matched this thesis to OpenAI’s public holders (MSFT, SFTBY, AMZN, NVDA) as one way public-market investors are exposed to it. Stakes as disclosed or reported. Not a recommendation.
Where these come from — OpenAI’s exposure, as disclosed or reported
MSFTMicrosoft — about 27% of OpenAI Group PBC (reported); roughly $13bn invested since 2019. · as of Aug 2026 · Press reporting (The Motley Fool, 2026-08-13)
SFTBYSoftBank Group — about 11.7% (reported), financed in part by a $40bn bridge loan maturing March 2027. · as of Aug 2026 · Press reporting (The Motley Fool, 2026-08-13)
AMZNAmazon — preferred stock in OpenAI, carried together with its Anthropic preferred at a $122.3bn combined carrying value as of 30 June 2026. · as of 30 Jun 2026 · Amazon 10-Q for the quarter ended 30 June 2026 (filed 2026-07-31)
NVDANvidia — letter of intent to invest up to $100bn progressively as compute is deployed (September 2025). · as of Sep 2025 · Company announcement, 2025-09-22
AI revenue can still 3-4x in coming years
The thesis presented was that leading AI companies like OpenAI and Anthropic can still grow revenue 3-4 times from current levels within a couple of years.
Keep reading this one
You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.
The story so far
CONTESTED · 360 MENTIONS · 212 EPISODES · 48 SHOWS
4 JUL 2025 — 26 AUG 2026 · YESTERDAY
83 SUPPORT · 9 CHALLENGE · 1 REPEAT · 267 MENTIONED
- THE MEB FABER SHOW
48 EPISODES BETWEEN · 69 MENTIONS · 152 NOT KEPT
- 152 EPISODES NOT SHOWN
- BANKLESS · 2 MENTIONS
- THE MEB FABER SHOW
- ODD LOTS
- THE KNOWLEDGE PROJECT · 4 MENTIONS
- A16Z PODCAST
- THE KNOWLEDGE PROJECT
- WSJ WHAT'S NEWS
- PROF G MARKETS
- A16Z PODCAST
- MASTERS IN BUSINESS
- THE TWENTY MINUTE VC
- A16Z PODCAST · 3 MENTIONS
- THE TWENTY MINUTE VC
- THE KNOWLEDGE PROJECT
- A16Z PODCAST · 2 MENTIONS
- ANIMAL SPIRITS
- THE TWENTY MINUTE VC
- YET ANOTHER VALUE PODCAST
- MONETARY MATTERS WITH JACK FARLEY
- TOP TRADERS UNPLUGGED
- THE TWENTY MINUTE VC · 2 MENTIONS
- ON THE MARGIN · 2 MENTIONS
- THE TWENTY MINUTE VC
- A16Z PODCAST · 3 MENTIONS
- BIGGERPOCKETS REAL ESTATE PODCAST
- BLOOMBERG SURVEILLANCE
- THOUGHTFUL MONEY · 2 MENTIONS
- EXCESS RETURNS
- THE POMP PODCAST
- A16Z PODCAST · 2 MENTIONS
- A16Z PODCAST
- WHAT BITCOIN DID
- WSJ WHAT'S NEWS
- THOUGHTFUL MONEY · 2 MENTIONS
- THE POMP PODCAST
- THE TWENTY MINUTE VC · 4 MENTIONS
- WHAT BITCOIN DID
- A16Z PODCAST · 2 MENTIONS
- THE TWENTY MINUTE VC
- ART OF INVESTING
- ART OF INVESTING · 2 MENTIONS
- ODD LOTS · 3 MENTIONS
- THE DERIVATIVE
- ALL-IN WITH CHAMATH, JASON, SACKS & FRIEDBERG
- AFFORD ANYTHING
- UNCHAINED
- THE POMP PODCAST
- A16Z PODCAST
- REAL VISION DAILY BRIEFING
- AI revenue can still 3-4x in coming years · THIS IDEA
4 EPISODES BETWEEN · 11 MENTIONS
- THE TWENTY MINUTE VC · 2 MENTIONS
- MACRO MUSINGS WITH DAVID BECKWORTH · 5 MENTIONS
- BANKLESS
- GOLDMAN SACHS EXCHANGES · 3 MENTIONS
- MONETARY MATTERS WITH JACK FARLEY · 3 MENTIONS
- THE POMP PODCAST · 7 MENTIONS
- Uncontrolled superintelligence as an existential risk
- Scarcity assets hedge against AI abundance
- AI to dominate creative content and media
- AGI automates all cognitive jobs
- AI-driven economic golden age with abundance
- No fundamental compute bottleneck for AI progress
- AI-driven breakthroughs in healthcare and longevity
- THE COMPOUND AND FRIENDS
- THE RATIONAL REMINDER PODCAST · 3 MENTIONS
- A16Z PODCAST
- ANIMAL SPIRITS
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD