Tracking the infrastructure behind artificial intelligence.
About AI Waves™
AI Waves™ is an independent research initiative studying how artificial intelligence increasingly behaves less like a software cycle and more like a long-duration infrastructure buildout.
Our work focuses on the systems enabling intelligence at scale: compute, energy, transmission, cooling, data centers, physical AI, and the coordination layers that connect them.
Through research publications, industry analysis, and proprietary frameworks, AI Waves seeks to help investors, operators, and policymakers better understand the infrastructure behind the AI economy.
The AI Energy Index™ (AIEI™)
The AI Energy Index™ (AIEI™) is a rules-based index concept under development designed to track the companies enabling AI through power generation, grid infrastructure, energy systems, and compute-related infrastructure.
Current Research
The Missing Category of AI Investing
Identifying the companies that relieve AI deployment constraints.
Most AI portfolios capture intelligence creation.
Few capture the physical systems required to deploy that intelligence at scale.
Index Licensing & Partnerships
For inquiries related to index licensing, data partnerships, or ETF and structured-product collaboration.