Jim Prusko, Partner and Senior Portfolio Manager at Magnetar, recently appeared on Bloomberg's "Odd Lots" podcast to discuss the evolving generative AI landscape and some of the investment strategies shaping it.

In the episode, “How the Hedge Fund Magnetar is Financing the AI Boom,” Jim explores the expansive opportunity set in AI, with a particular focus on investments in AI infrastructure to meet the surging demand for compute. He highlights how Magnetar is addressing the capital-intensive nature of AI businesses through the innovative compute-for-equity approach employed by the Magnetar AI Ventures Fund. Jim also discusses Magnetar’s role as the first institutional investor in CoreWeave, a leader in high-performance computing, and shares insights into broader industry trends in the AI economy.

The conversation explores broader opportunities in enterprise AI and specialized language models, offering a glimpse into how Magnetar is thinking about this rapidly evolving sector.

Hosted by Joe Weisenthal and Tracy Alloway, "Odd Lots" is a Bloomberg podcast that unpacks complex financial and economic trends through engaging conversations with industry leaders.

Listen to the full episode on Bloomberg, Apple Podcasts or Spotify.