Private Equity 8 Hours

Last updated: June 17, 2026, 11:30 PM ET

Venture Capital & Governance

Longtime venture capitalist Chi-Hua Chien posits that the most durable artificial intelligence returns reside with firms building foundational infrastructure rather than those selling direct AI applications, a perspective shaped by his two-decade career. Meanwhile, Roelof Botha joins the board of directors at SpaceX to fill an existing vacancy, a move occurring just days after the aerospace firm executed the largest initial public offering in market history. These leadership changes and strategic shifts reflect an intensifying focus on capital allocation as private equity firms navigate the post-IPO integration of high-growth tech giants.