Venture capital is returning to its roots, backing bold, long-shot start-ups that promise to transform daily life. Fueled by advances in artificial intelligence, investors from Silicon Valley to Beijing are pouring billions into frontier technologies such as brain-computer interfaces that let users control devices with their thoughts. One founder described the experience as gaining a "superpower," highlighting the allure of mind-reading implants that could revolutionize healthcare, robotics, and communication.

This new wave of "moonshot capitalism" mirrors the early days of Silicon Valley, when risky bets on semiconductors and personal computing created entire industries. Today, AI acts as both a catalyst and a tool, accelerating research, lowering development costs, and enabling rapid iteration on ideas once deemed science fiction. While the potential rewards are enormous, the sector remains highly speculative, with many ventures likely to fail before any commercial breakthrough.