In November 2022, an AI chatbot reached 100 million users in two months. Forty-two months later, the company that was "counted out of the game" filed for the largest IPO in history at a $965 billion valuation, on a $47 billion revenue run rate, after the US Treasury Secretary and the Fed Chair summoned bank CEOs to an emergency meeting about its newest model.

Our AI Era report is the complete record: every model release, funding round, market shock, and policy intervention from ChatGPT to Claude Fable 5, the first "Mythos-class" model released to the public, a system so capable its maker openly admits it must be throttled before civilians can touch it, and which sold out its own compute within days of launch.

But this is not a timeline. It is a framework. We show you the S-curve mechanics that let investors buy Nvidia at four times earnings and Anthropic at $183 billion, nine months before it filed at $965 billion. We show you why we are at ten basis points of true AI adoption, not saturation. And we show you exactly who captures the value next, across twenty-seven names from Seoul to Santa Clara.

The fourth great institutional rupture is underway.

Our latest report, “From ChatGPT to Mythos: The 27 Stocks Defining the Five Layers of the AI Era,” is available below. Because this is a comprehensive, 43-page PDF, we recommend downloading the report to review it at your convenience.