Every tech wave eventually faces the same question: who pays for it? AI is hitting that moment now.
Every major computing wave brings its own foundational models, infrastructure, apps, and monetization layers. We saw it with the web, mobile, cloud, and crypto—and now it’s unfolding in AI.
As VC subsidies taper, the need for sustainable monetization will only intensify. Consumers won’t want to shoulder the full cost of AI subscriptions, creating an opening for new advertising models and revenue opportunities.
At
@EniacVC, we’ve been backing these “picks and shovels” for over two decades- including Admob, Tap, Vungle, Attentive, Evertune, Upscale- and we’re more bullish than ever in the AI era.
So today, we are very proud to finally announce the launch of Eniac seeded CloudX founded by adtech legend and pioneer
@jimpayne, with $30m raised to get after possibly the biggest monetization opportunity of all, in AI.