Your Window Into the Innovation Economy

The rise of “vibe coding” — using natural language and AI to build software without traditional coding — is part of a broader transformation in how work is done across industries. AI is accelerating cognitive tasks, enhancing creativity, and automating complex workflows, reshaping sectors like legal, finance, healthcare, and software development. For investors, the opportunity lies in backing AI-native companies that boost human potential and operate with unmatched speed, efficiency, and creativity.

On a dusty stretch of desert outside Phoenix, Arizona, a skyline of steel frames and clean-room towers is rising. Not for apartments or office towers, but for a “city within a city” devoted to making the world’s most advanced semiconductors. Taiwan Semiconductor Manufacturing Co. (TSMC), the linchpin of global chip supply, is pouring tens of billions into three new fabrication plants here, with help from the CHIPS and Science Act. The stakes are far larger than jobs or tax revenue. In a world where the tiniest chips control everything from F-35 fighters to the servers that train large language models, bringing this capacity onto U.S. soil is as much about deterrence as it is about commerce. As TSMC founder Morris Chang bluntly put it, “Globalization is almost dead. Free trade is almost dead.”

Join Alumni Ventures’ Managing Partner David Shapiro for an exclusive investor update on Blue Ivy Ventures, a fund built for the Yale community and its extended network.

In June 2025, a significant cyberattack on a major U.S. grocery wholesaler shut down the company’s ordering system and left empty shelves in stores across the country — plus nearly half a billion in lost sales to the wholesaler. In 2024, a ransomware attack on the UK’s National Health System resulted in fatalities. In 2021, Russia’s cyberattack on the Colonial Pipeline forced the shutdown of the largest U.S. fuel pipeline, triggering gas shortages across the East Coast.