AI Scales Up as the Biggest Players Battle for Supremacy  The AI industry is careening headlong towards a huge shakeout that’s going to separate the haves from the have-nots and concentrate power in the hands of just a few major players. Just as we saw in the public cloud infrastructure battle, when the dust settles, only a few, all-powerful companies will emerge unscathed, ready to dominate the AI industry for decades to come.  Acquisitions in AI are picking up pace. In the last few months, numerous multi ...

Core Viewpoint - Iridium Communications Inc. has appointed Louis Alterman to its Board of Directors, expanding the board to twelve members, with nine being independent [1]. Group 1: Appointment Details - Louis Alterman's appointment is effective immediately and aligns with Iridium's strategic vision for innovative communication services globally [2]. - The CEO, Matt Desch, highlighted Alterman's experience in guiding companies through transformation and growth as a significant asset for Iridium [2]. - Robert H. Niehaus, Chairman of the Board, emphasized Alterman's operational leadership and financial expertise in the communications and technology sectors [2]. Group 2: Background of Louis Alterman - Alterman has been the president and CEO of Stratix Corporation since 2019, which is the largest pure-play enterprise mobility specialist in North America [3]. - He served as CFO of Rackspace from 2017 to 2019 and held various roles at EarthLink from 2003 to 2017, including CFO from 2015 to 2017 [3]. - His board experience includes serving on the board of Diversified and previously on the board of CareerBuilder from 2018 to 2022 [4]. Group 3: Educational Background - Alterman holds a bachelor's degree in business administration from the University of Georgia and an MBA from Emory University's Goizueta Business School [4]. - He has completed executive education at Harvard University [4]. Group 4: Company Overview - Iridium Communications Inc. is the only mobile voice and data satellite communications network that provides global coverage [5]. - The company enables real-time connections for people, organizations, and assets worldwide [5]. - In 2024, Iridium acquired Satelles, enhancing its positioning, navigation, and timing (PNT) services [5].

Core Insights - The analyst emphasizes a tech-focused approach to investment research, leveraging 25 years of experience in IT and investment to provide unique insights [1] - The research methodology includes analytics and charts to support investment positions, with a focus on capital preservation strategies [1] - The analyst has a diverse background, including roles in virtualization, cloud, and telecommunications, which informs their investment themes [1] Industry Focus - Key themes of interest include automated supply chains, Generative AI, telecommunications capital expenditures (Capex), the deflationary nature of software, and semiconductors [1] - The analyst also covers biotech with a "techbio" perspective, indicating a blend of technology and biotechnology insights [1] Investment Philosophy - The investment journey began with mutual and indexed funds, transitioning to individual stocks, highlighting a learning curve from past investment losses during the 2008/2009 financial crisis [1] - The analyst values unique perspectives from platforms like Seeking Alpha, which provide access to top analysts and diverse investment opinions [1]