Capitalize on the artificial intelligence infrastructure boom by investing in MongoDB (MDB), which currently powers 75% of Fortune 100 companies and AI startups through its native vector search capabilities. Watch for public market entry opportunities in high-growth private infrastructure leaders like AssemblyAI, which is experiencing explosive 800% growth over three years in voice AI API usage. Keep an eye on the enterprise spend flowing into AI-native financial platforms like Brex, as automation tools capture massive market share among high-tech firms. Leverage the expanding developer ecosystem where coding agents are drastically multiplying the total addressable market for API-driven software. Position your portfolio now in these picks-and-shovels database and infrastructure plays to capture enterprise-level artificial intelligence adoption over the next year.

AssemblyAI (Private - Y Combinator backed)

• AssemblyAI provides voice AI infrastructure (speech-to-text, voice agents, and speech understanding models) via APIs to developers, enterprises, and small businesses.
• The company handles over 120 million voice conversations (over 2 million hours of voice) weekly, representing an 800% growth over three years and 4x the daily volume of YouTube.
• The platform serves over 1 million developers, with 40% signing up in the past year alone.
• Key innovations include context-aware voice models that can filter out background noise (e.g., distinguishing a drive-thru order from screaming children).
• The total addressable market (TAM) has expanded 100x because coding agents (like Cursor, Replit, and Claude Code) now allow non-engineers and small businesses to build software using APIs.
• The company is entirely AI-native internally, utilizing custom AI agents for software deployment, website management, and slide creation with an 80-person team.

Takeaways

• Voice AI infrastructure is experiencing rapid adoption, moving beyond core product engineering teams into small businesses and global enterprises through agentic coding tools.
• Companies building scalable, low-latency, and accurate inference layers like AssemblyAI represent critical picks-and-shovels plays in the broader voice AI boom.

Brex (Private)

• Brex is an intelligent finance platform combining corporate cards, expenses, and banking into a single stack.
• It features built-in agentic finance, including AI agents that automatically handle expenses, enforce spending policies, and close books in minutes.
• The platform is used by prominent AI companies including OpenAI, Anthropic, Vercel, Granola, Deepgram, and AssemblyAI.

Takeaways

• AI-native financial platforms automating back-office tasks like expense reporting and receipt chasing are capturing significant market share among high-growth tech companies.

MongoDB (MDB)

• MongoDB is a database platform designed for modern developers and AI agents.
• It allows companies to store, search, and reason over data in real time using vector search and embeddings from Voyage AI within a single system.
• It powers 75% of Fortune 100 companies and leading AI-native startups.

Takeaways

• Integrated database platforms offering native vector search and embedding capabilities without requiring complex, multi-tool data pipelines are becoming essential infrastructure for AI applications.