Lux announced big news today: we are leading a $30 million founding seed round into Sakana AI, a Tokyo, Japan-based AI research laboratory that uses evolutionary methods, collective intelligence and character-level training to radically accelerate the training and development of nature-inspired AI foundation models. It’s a marquee check for Lux into the Asia-Pacific region, and represents the continuing democratization of the frontiers of computer science to all regions of the world, a trend we’ve championed for years now.

I, your host Danny Crichton, wanted to spend some time on the economic and technological milieu that is changing the face of startups and entrepreneurship globally in 2024. In this episode, I walk through three themes that are driving Lux’s interest in Sakana AI and other companies, including the rise of national and indigenous AI foundation models, the return of Japan’s dynamic economy after decades of stagnation, and the broader ambitions of the Asia-Pacific region as China recedes from the minds of international investors in the midst of President Xi Jinping’s crackdown on private entrepreneurship.

Music composed by https://www.georgeko.co/ "Securities" is produced and edited by Chris Gates