Mike Conover

Everything Mike Conover said on any show that made the record, most notable first. Each card names its show and opens the statement there.

LATENT SPACE Insight

Conover: AI models can parse documents to identify second-order derivative bets

“It is very straightforward to take a model and say, parse through all of these documents and find second order derivative bets and say, oh, it turns out that energy is like very, very adjacent to investments in AI and may not be priced in the same way that GPU…”

Mike Conover Jun 11, 2024 ▶ 55:12 How AI is Eating Finance - with Mike Conover of Brightwave

LATENT SPACE Assertion Not checkable as stated

Conover: Databricks' Dolly model was never state-of-the-art, but proved a concept

“DALI was never the best open source model, but it demonstrated a new, Something that was not obvious to many people at the time. Yeah, but we always were clear that it was never state of the art.”

Mike Conover Jun 11, 2024 ▶ 1:03:33 How AI is Eating Finance - with Mike Conover of Brightwave

LATENT SPACE Disclosure

Brightwave raises $6M Seed round led by Decibel Partners

“We, we've raised a six million dollar seed round including participate lead by decibel we love working with and including Participation from .7 to two, one of the largest hedge funds in the world and moon fire ventures.”

Mike Conover Jun 11, 2024 ▶ 4:52 How AI is Eating Finance - with Mike Conover of Brightwave

LATENT SPACE Disclosure

Conover: A $20B crossover hedge fund uses Brightwave for equity research

“We have a twenty billion dollar crossover hedge fund and their equities team uses this tool to go deep on a thesis.”

Mike Conover Jun 11, 2024 ▶ 10:22 How AI is Eating Finance - with Mike Conover of Brightwave

LATENT SPACE Disclosure

Brightwave trains custom models to verify outputs against primary source material

“We train our own models to assess you know, you can think of this like entailment, like is, is this supported by the underlying primary sources?”

Mike Conover Jun 11, 2024 ▶ 20:35 How AI is Eating Finance - with Mike Conover of Brightwave

LATENT SPACE Insight

Conover: The most alpha-generating information in finance is often private

“Frequently the most interesting and alpha generating material is not publicly available”

Mike Conover Jun 11, 2024 ▶ 34:50 How AI is Eating Finance - with Mike Conover of Brightwave

LATENT SPACE Disclosure

Brightwave uses composable, context-aware prompting conditioned on retrieved context semantics

“You can have prompts that are composable and that have different sort of command units that like may or may not be present based on the semantics of the content that is being populated into the rag context window. And so that, that's something we make great us…”

Mike Conover Jun 11, 2024 ▶ 35:50 How AI is Eating Finance - with Mike Conover of Brightwave

The other half of the tape: Mike Conover's own voice is left out of every number here. Other people bring the name up 4 times in 4 episodes across the shows. every mention, with the transcript →

Who brings them up most Alessio Fanelli 1

Every mention by year

One line per show, most statements first. The link opens Mike's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
LATENT SPACELEDGER	Co-Founder and CEO, Brightwave	1	31	50% 1/2	full record on Latent Space →