Research & Sources
This page provides the market research, industry reports, and data sources that inform NXUM Capital's investment thesis. Our approach is grounded in rigorous analysis of structural market shifts, technological trends, and capital formation dynamics.
Market Research & Industry Reports
Our investment thesis is supported by comprehensive research from leading institutions, consulting firms, and industry analysts. Below are the key sources informing our views on AI, energy infrastructure, digital finance, and critical materials.
AI Market Size & Growth
📊 Grand View Research - AI Market Analysis
Report: Artificial Intelligence Market Size, Share - Industry Report, 2030
Key Data: AI market industry report for 2030
Link: Grand View Research - AI Market (opens in a new tab)
Relevance: Provides comprehensive market sizing and growth projections for the global AI market, informing our thesis on AI infrastructure investment opportunities.
📊 Precedence Research - AI Market Growth
Report: Artificial Intelligence (AI) Market Size and Growth 2025 to 2034
Key Data: AI market projected ~US$3.68 trillion by 2034
Link: Precedence Research - AI Market (opens in a new tab)
Relevance: Alternative market sizing estimates showing explosive growth potential in AI sector across multiple verticals.
📊 FNF Research - AI Market Estimates
Report: Artificial Intelligence (AI) Market Size
Key Data: Additional estimate: global AI market ~US$1.812 trillion by 2030
Link: Facts and Factors - AI Market (opens in a new tab)
Relevance: Provides additional data points for AI market growth, supporting investment case for AI compute infrastructure.
Digital Finance & Cross-Border Payments
🌐 FXC Intelligence - Cross-Border Payments Market
Report: New Data: cross-border payments market worth...
Key Data: Cross-border payments TAM ~US$194.6 trn in 2024, rising to ~US$320 trn by 2032
Link: FXC Intelligence - Cross-Border Payments (opens in a new tab)
Relevance: Demonstrates massive market for programmable finance and stablecoin infrastructure, supporting our Tether investment thesis.
🏢 Ernst & Young - Beyond Borders Report
Report: Beyond borders: capturing growth in the dynamic cross-border payments market
Key Data: Highlights tokenization, digital wallets, regulatory reforms shaping payments infrastructure
Link: EY - Cross-Border Payments (opens in a new tab)
Relevance: Provides insights on tokenization and digital payment infrastructure evolution, validating programmable finance investment focus.
Energy & Compute Infrastructure
⚡ International Energy Agency (IEA) - AI Energy Demand
Report: Energy demand from AI
Key Data: Data-centre electricity consumption projected to ~945 TWh globally by 2030
Link: IEA - Energy and AI (opens in a new tab)
Relevance: Quantifies the energy requirements for AI infrastructure, supporting investment case for energy and data center investments.
⚡ Goldman Sachs - AI Data Center Power Demand
Report: AI to drive 165% increase in data-center power demand by 2030
Key Data: Forecast: global power demand from data-centres up to +165% by end of decade
Link: Goldman Sachs - AI Power Demand (opens in a new tab)
Relevance: Demonstrates the critical bottleneck of power infrastructure for AI scaling, validating energy infrastructure investments.
🏢 McKinsey & Company - Data Centers and Energy
Report: How data centres & the energy sector can sate AI's hunger for power
Key Data: Power needs of data-centres could triple; materials, energy, compute linked
Link: McKinsey - Data Centers and Energy (opens in a new tab)
Relevance: Analyzes the convergence of compute, energy, and materials - core to our investment thesis.
🏛️ U.S. Department of Energy - Data Center Electricity Demand
Report: DOE releases new report evaluating electricity demand from data-centers
Key Data: U.S. data centres consumed ~4.4% of total electricity in 2023; expected ~6.7-12% by 2028
Link: DOE - Data Center Energy Report (opens in a new tab)
Relevance: U.S.-specific data on data center energy consumption growth, supporting national infrastructure investment opportunities.
⚙️ Deloitte - US Infrastructure and AI Economy
Report: Can US infrastructure keep up with the AI economy?
Key Data: In U.S., AI data-centre demand could grow >30× by 2035
Link: Deloitte - AI Infrastructure (opens in a new tab)
Relevance: Highlights infrastructure investment requirements to support AI economy growth in the United States.
Key Market Insights
The $25-30 Trillion Transformation
Based on our research synthesis, we identify four primary investment pillars:
AI & Compute ExpansionMarket Size: $1.8+ trillion by 2030Physical constraints on energy and chips gating AI growth
Tokenized Capital FlowMarket Size: $150+ trillion cross-borderSettlement infrastructure becoming software-defined
Energy & InfrastructureInvestment: $4+ trillion global capexEnergy is the new compute
Critical MaterialsOpportunity: Billions of tons recoverableDomestic processing reduces offshore dependenceMarket Themes & Trends
Convergence of Intelligence, Energy, Materials & Capital
Our research validates the convergence thesis:
Key Findings:
- 400% increase in processing power and GPU capacity required
- Every model advancement requires new data-center infrastructure
- Energy and compute are now the primary constraints on AI development
Investment Implications:
- Data center infrastructure
- Semiconductor manufacturing
- Power generation and distribution
- Cooling and energy efficiency technologies
Continuous Research
Our investment team continuously monitors:
- Regulatory Developments: Policy changes affecting digital assets, AI, energy, and materials
- Technology Advances: Breakthroughs in AI, blockchain, energy storage, and materials science
- Market Dynamics: Capital flows, M&A activity, and valuation trends
- Geopolitical Shifts: Trade policy, supply chain security, and national strategic priorities
This research forms the foundation of our investment thesis and informs our portfolio construction, company selection, and value creation strategies.
Additional Resources
For investors interested in deeper analysis or specific research areas, please contact our team:
Get in touch with our investment team for detailed research materials
Disclaimers
The information provided on this page is for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Past performance is not indicative of future results. All investments involve risk, including the risk of total loss.
The research sources cited are third-party materials and NXUM Capital makes no representations about their accuracy or completeness. Readers should conduct their own research and due diligence.