Billionaire Robert F. Smith says $3 trillion is pouring into AI infrastructure and Vista is positioned to capture the next wave
Billionaires Africa | 31.05.2026 12:35
Robert F. Smith, the founder and chief executive of Vista Equity Partners and one of the wealthiest Black Americans alive, told the XCEL Summit For Men that up to $3 trillion is being poured into artificial intelligence infrastructure globally and that the next wave of returns from the AI boom will not come from the hyperscalers and publicly traded giants that most investors are chasing.
