XAI100
XAI100 是面向合格投资者的纳斯达克 BDC 基金（对标 VCX），一键布局全球 TOP100 未上市 AI 龙头。目标管理规模 US$500M+、100 家全球 AI 标的、覆盖 5 大核心赛道、标准化 100 分打分模型、单标的严控分散、5–7 年封闭运作期。
XAI100 将全球领先的未上市 AI 公司打包进一只合规的纳斯达克 BDC 母基金（对标 VCX），叠加离岸合规架构，让合格投资者以可承受的认购金额获取全球 AI 龙头组合敞口，并配套电子合同、永久留存与定期信息披露。基金以自下而上的标准化 100 分打分模型，从全球甄选 100 家未上市 AI 标的，覆盖大模型、计算机视觉、NLP / Agent、机器人与 AI 基础设施五大核心赛道，并严格管控单标的占比，确保在 AI 价值链上充分分散。
XAI100 is a NASDAQ-listed BDC fund (benchmarked to VCX) built for qualified investors to gain one-click exposure to the world's top 100 pre-IPO AI champions. Target AUM US$500M+, 100 global AI targets across 5 core tracks, standardized 100-point scoring, diversified concentration, 5–7 year closed-end horizon.
XAI100 packages the world's leading pre-IPO AI companies into a single, compliant fund-of-funds vehicle on NASDAQ. The BDC structure (benchmarked to VCX) plus an offshore compliance architecture lets qualified investors access global AI champions at an acceptable subscription size, with electronic contracts, permanent record-keeping and periodic disclosures. A bottom-up, standardized 100-point scoring model selects 100 targets across five core AI tracks — Large Language Models, Computer Vision, NLP / Agent, Robotics, and AI Infrastructure — with strict single-name concentration limits to keep the portfolio diversified across the AI value chain.
- Vehicle
- NASDAQ-listed BDC fund (benchmarked to VCX)
- Target AUM
- US$500M+
- Targets
- 100 global pre-IPO AI champions
- Core tracks
- LLM · Computer Vision · NLP/Agent · Robotics · AI Infrastructure
- Selection model
- Standardized 100-point bottom-up scoring with strict single-name concentration caps
- Term
- 5–7 year closed-end horizon for qualified investors
Large Language Models
28 pre-IPO targets — foundation model labs and vertical LLM platforms driving the next wave of AI applications.
- OpenAI — GPT family · ChatGPT · multimodal foundation models
- Anthropic — Claude · constitutional AI · enterprise long-context
- xAI — Grok · large reasoning models on global compute
- Mistral AI — Open-weight European foundation models
- Moonshot AI — Kimi · ultra-long context Chinese LLM
- Zhipu AI — GLM family · bilingual foundation models
- DeepSeek — Open-source reasoning / coding LLMs
- 01.AI — Yi series · global bilingual foundation models
Computer Vision
18 pre-IPO targets — perception, video understanding, autonomy and visual generation companies.
- Midjourney — Frontier text-to-image generation
- Runway — Gen-series video models for creators and studios
- Black Forest Labs — FLUX image models · open-weight visual generation
- Luma AI — Dream Machine · 3D and video generation
- HeyGen — AI avatars and multilingual video at scale
- Synthesia — Enterprise AI video generation platform
- Scale AI — Data labeling and frontier-model evaluations
NLP / Agent
16 pre-IPO targets — natural language platforms and enterprise / consumer AI agents.
- Perplexity — AI-native answer engine and conversational search
- Character.AI — Consumer agents and persona-based chat
- Harvey — Domain LLM for elite law firms
- Sierra — Conversational AI agents for enterprise customer experience
- Glean — Enterprise search and work AI assistant
- Cognition — Devin · autonomous software engineering agent
- Hippocratic AI — Safety-first LLM for healthcare patient-facing roles
Robotics
14 pre-IPO targets — humanoid robots, embodied AI and industrial robotics champions.
- Figure — General-purpose humanoid robots for industrial and home
- 1X Technologies — Humanoids paired with embodied learning
- Physical Intelligence — Foundation models for general-purpose robots
- Skild AI — General-purpose robot brain across embodiments
- Agility Robotics — Digit bipedal robot for logistics
- Apptronik — Apollo humanoid for commercial deployments
- Unitree — Quadruped and humanoid robotics platforms
- Galbot — Embodied general-purpose service robots
AI Infrastructure
24 pre-IPO targets — compute, chips, data, training/inference platforms and AI cloud.
- Cerebras Systems — Wafer-scale AI accelerators and training clusters
- Groq — LPU inference engines for ultra-low-latency serving
- SambaNova — Reconfigurable dataflow systems for enterprise AI
- Tenstorrent — Open-architecture AI chips and dev platforms
- Lambda — GPU cloud and AI developer infrastructure
- Together AI — Open-model training and inference cloud
- Anyscale — Ray-based distributed AI compute platform
- Vast Data — AI-native data platform for training and inference
- Crusoe — Sustainable AI data centers and compute capacity
Compliance & Investor Access
NASDAQ BDC structure (benchmarked to VCX) plus offshore compliance architecture; qualified-investor onboarding, electronic contracts, permanent record-keeping and periodic disclosures.
- NASDAQ BDC Vehicle — Benchmarked to VCX, listed Business Development Company structure
- Offshore Compliance Architecture — Cross-border structuring aligned with qualified-investor regimes
- Qualified-Investor Onboarding — KYC, accreditation and subscription workflow
- Electronic Contracts & Records — Permanent record-keeping for subscription and disclosure documents
- Periodic Disclosures — NAV, holdings and exposure reports for limited partners
- Concentration Controls — Strict single-name and single-track concentration caps enforced by the 100-point model