Billionaire Robert F. Smith says Agentic AI Is creating a massive profitability unlock inside his $100 billion portfolio
Billionaires Africa | 05.05.2026 09:09
Robert F. Smith, the founder and chief executive of Vista Equity Partners and one of the wealthiest Black Americans alive, went on CNBC Monday and made a direct argument: the next phase of the AI boom is not in the publicly traded hyperscalers most investors are watching. It is inside private enterprise software companies, and it is already happening inside his own portfolio.
