Some big moves in quantum in the first few weeks of October: DARPA advanced four more companies to QBI Stage C, Oratomic announced a $475M Series B at a $5.4B valuation (three months after announcing its $300M Series A), and IonQ agreed to buy Elisity for up to $1.3B. 🧵

I am excited to start sharing more about the areas that have been catching my attention from an investment standpoint. First, quantum. The industry’s momentum is real, and the 3-5 year timeline for quantum advantage may finally be coming into view. Thank you, Spencer Fallek, for breaking down the near-term applications so clearly. This has been a core focus of mine alongside our Deep Tech team, and Spencer's company represents our first investment in the space. Second, inference. Like everyone else, I keep getting blown away by how fast its use is growing. Thank you, Natalie, for talking about @gimletlabs and how you're solving latency problems. Their progress has been incredible to watch.

I am excited to announce our investment in @lightsprintai When Opus 4.5 came out, it completely changed how our Prod/Eng team worked at 645. We had been talking about the emerging role of a "product architect," but that release made it all possible. However, as we all became product architects, we started working in silos... That's why I was immediately excited when I saw the demo for @lightsprintai. 1/ It has an incredible engineering team behind it; Ben Chan literally built the engineering team at BitGo 2/ The product brought collaboration back; we could see each other's work without annoying staging deploys or even local setups 3/ It improved our creativity; we could iterate on our codebase, and we immediately got rid of Lovable 4/ It empowered the entire team. One of our engineers said, "This is the best tool I have used since Claude." And even better, we have people who have never shipped before (who don't even know what shipping means) shipping We are still avid users and look forward to building more in public with this team.