The ASI Fund: What It Is and How It Works

The ASI Fund is the centerpiece of Alexander Green’s presentation from The Oxford Club. ASI stands for “Artificial Superintelligence,” and the fund is a picks-and-shovels vehicle that targets AI infrastructure rather than AI software. Instead of betting on which AI company wins, the fund invests in the physical backbone that all AI systems need to operate: hyperscale data centers, advanced semiconductor fabrication, high-bandwidth networking, power generation, and cooling solutions.

Green says you can “get in for less than $15,” which suggests the ASI Fund is structured as a low-minimum investment vehicle, possibly an ETF or a similar fund structure. The details are behind the paywall, but the concept is sound: democratized access to an AI infrastructure portfolio at a price point ordinary investors can afford.

As we explain in our full ASI Fund review, this is a smart approach. The AI software layer is competitive and uncertain. Nobody knows whether OpenAI, Anthropic, Google, Meta, or some startup we have not heard of yet will dominate. But all of them need the same physical infrastructure. They all need chips. They all need data centers. They all need power. They all need cooling. A fund that invests in that physical layer captures the AI buildout without having to pick the winning software company.

The Structural Forces Behind the Fund

The ASI Fund is built on several real, verifiable structural forces:

The Stargate project is deploying $100 billion. This is a joint venture between OpenAI, Oracle, and SoftBank to build AI data centers across the United States. It is the largest single AI infrastructure project announced to date.

Meta is building a Manhattan-sized data center. This is a massive AI data center campus that will require enormous amounts of power, cooling, and networking infrastructure.

Amazon’s Project Blue is under construction. Amazon is investing heavily in AI infrastructure to support its AWS AI services.

AI energy demand is soaring. Green cites the fact that “ChatGPT alone uses enough power to run 180,000 American homes every single day.” This is the kind of demand growth that makes infrastructure investing compelling: the demand is real, it is accelerating, and it is not going away.

The Picks-and-Shovels Advantage

The picks-and-shovels metaphor comes from the gold rush: the people who sold picks and shovels to miners made more money than the miners themselves. In the AI context, the picks and shovels are the data centers, the semiconductors, the power plants, and the cooling systems. Green’s argument is that investing in these components is less risky and more reliable than trying to pick the winning AI software company.

This is a legitimate investment approach. It is the same approach that Jason Bodner takes in the Accelerated AI presentation, though Bodner focuses specifically on photonics while Green takes a broader view of AI infrastructure. Both presenters are making the same fundamental argument: the physical infrastructure layer is where the real value will be created during the AI buildout.

The Connection to Executive Order 14330

Green connects the ASI Fund to Executive Order 14330, a real executive order signed in August 2025 titled “Democratizing Access to Alternative Assets for 401(k) Investors.” The order directs the Department of Labor to clarify that plan fiduciaries may include professionally managed alternative-asset funds in 401(k) lineups. Historically, 401(k) plans have been limited to mutual funds and conventional investment options.

EO 14330 changes that by removing the regulatory barrier that kept plan sponsors from including alternative-asset funds. The practical effect is that over time, more retirement plans will offer professionally managed alternative-asset funds as part of their investment menus. For more on this, see our Executive Order 14330 article.

Green frames this as a wealth democratization moment. He points to Mitt Romney, who turned a $450,000 IRA into $100 million through alternative investments, and Peter Thiel, who turned $2,000 into $5 billion. These are extraordinary outlier outcomes, and Green is careful to say “I can’t promise you’ll see anything near this level of return. But this is what’s possible.”

The Bonus Reports

The ASI Fund is the headline, but the subscription includes several additional reports that identify specific stocks:

  • “The AI Superstock” — a company that increased revenue 36,000 percent in three years and partnered with OpenAI, Microsoft, and Meta.
  • “The Next Wave of AI” — a company controlling 34 percent of the collaborative robot market with 80,000 systems deployed.
  • “The Nuclear Monopoly Powering AI” — a company dominating Small Modular Reactors (SMRs) that has built 400 mini-reactors for the U.S. Navy and runs the only large nuclear manufacturing facility in North America. This is likely BWX Technologies (BWXT) or a similar nuclear infrastructure company.

For more on the nuclear angle, see our SMR stocks article. For more on the offer, see our Oxford Club article.

The Offer

The ASI Fund presentation is the marketing vehicle for The Oxford Communiqué, Green’s flagship newsletter at The Oxford Club. The price is $99 per year (normally $249), with a 365-day money-back guarantee. You keep everything even if you cancel. This is one of the longest guarantees in the industry. For more on what is included, see our Oxford Communiqué article.

If you want to explore the full thesis, you can access the ASI Fund presentation through The Oxford Club.

This is not financial advice. Always do your own research before investing.