David Clark sits down with Daniel Darling, Managing Partner at Focal Ventures, to explore how artificial intelligence is reshaping the investment landscape. From the early-stage venture opportunities emerging in Silicon Valley to the rise of “AI agents” transforming entire industries, Daniel shares how his firm is giving Australian investors access to cutting-edge innovation in the US private markets. David and Daniel discuss: * The evolution of AI from information retrieval to autonomous action. * How AI-native startups are achieving extraordinary growth with small, technical teams. * Why early-stage venture capital presents both unique risks and outsized potential rewards. * What investors should consider when allocating to this transformative sector. AI is changing the economics of innovation, this conversation offers deep insights into the intersection of technology, venture capital, and wealth creation.