Person
Morgan Liu
Partner, Apex Capital
Executive at Apex Capital
- Known for
- A 40-slide "State of AI" deck that is 38 slides of the same up-and-to-the-right curve. Leading a $200m round in a company with four employees and a waitlist. Insisting that "burn" is just another word for "conviction".
- Character
- Leans forward in every meeting and calls every number "interesting", losses included. Rebrands the fund's thesis every year without admitting last year's: crypto was "infrastructure", the metaverse "a platform shift", now everything is "agentic". Talks about founders the way fantasy-football players talk about their team.
In the news
Grudging respect, impressed, reluctantly
Game Ownership Bill Threatens Publishers With Competition From Games They Already Sold
Players would get to keep playing after publishers move on. The industry would retain the option of persuading them to buy something else, an approach it has historically supplemented with a shutdown notice.
21 Oct 2026
Grudging respect, impressed, reluctantly
Anthropomorphic Puts 5% of Its Shares Into Public Fund, Leaving Industry's Warnings About Jobs Looking Cheap
The AI lab will set aside a twentieth of its stock for donations, with no lobbying allowed. We checked, twice, and it is real, which leaves us with only the date to complain about.
20 Oct 2026
Macroshaft Calls for Global AI Rules and Emergency Brakes, Notes Brakes Must Be Installed Somewhere
Macroshaft's president says AI needs the safety rules a carton of milk already has. He did not say who will own the fridge, which is Macroshaft.
13 Oct 2026
Feta Says It Has Reached the AI Frontier, Defined as Wherever Its Spending Currently Ends
The social-media group says its new models put it level with its rivals and that it will not slow down. The two claims are the same claim: the only evidence of arrival is the cheque, and the cheque only works if the journey continues.
13 Oct 2026
Judge Calls Perchpoint Network 'Dragnet-Type'; Company Calls Judge 'Valued Community Feedback'
A federal judge ruled that a deputy needed a warrant to look up a driver whose only offence was a California plate. Perchpoint, whose network exists so nobody has to explain a search, is treating the explanation as an upsell.
5 Oct 2026
First Independent Audit of White House AI Safety Pledge Finds Country Misspelled, Everything Else 'Operating as Intended'
The signatories promised robust controls, monitoring and an independent evaluator of their own choosing. The only evaluation so far was unpaid, uninvited and limited to the signature line.
5 Oct 2026
