NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- KraneShares today announced that the KraneShares Public-Private AI & Technology ETF (Ticker: AGIX) has invested in private AI research lab General Intuition US Inc., joining its existing direct capitalization table private investments in Anthropic, Nuro, Apptronik, Ayar Labs, Standard Bots, and Polymarket. AGIX launched in July of 2024 and was one of the first AI-focused ETFs with a public-private structure.1 AGIX's first private investment was directly on Anthropic’s capitalization table in February of 2025 at a $61.5 billion valuation.1
AGIX has invested directly in General Intuition, a frontier AI lab building a new class of foundation models trained with video game footage. Every day, millions of gamers make split-second decisions as they navigate, dodge, and react in 3D worlds, creating a vast record of human reflex data that can be more cost-effective to collect than data gathered through interactions in the physical world. General Intuition’s thesis is that the skills learned from that data are the same ones robots and autonomous systems need in the real world. Using these gameplay clips, the company has developed two complementary model families: action models, which decide what action to take given an agent's observations, and world models, which predict how an environment will change in response to an action.2
"AGIX's investment in General Intuition reflects our conviction that the path from pixels to actions runs through game play, and we remain focused on expanding our pipeline of private innovators in AGIX at these inflection points,” said James Maund, KraneShares Head of Capital Markets and Portfolio Manager of AGIX.
"General Intuition gives AGIX shareholders access to one of the most differentiated private AI labs in the market at a moment when the frontier is shifting from models that read and write to models that perceive and act," said Max Chen, Partner at Worldline Capital*. "Every frontier model to date has been trained on what humans wrote. General Intuition is training on what humans do, especially the split-second reactions video game players make without conscious thought, at a scale that no robotics lab could collect on its own."
"We believe action-labeled data, footage paired with the exact inputs a person made at each moment, is the scarcest input in physical AI, and video games are the only place it exists at consumer scale,” said Derek Yan, CFA, Senior Investment Strategist at KraneShares. “The same model that plays a game for 100 hours can be adapted to a robot in minutes, and that single pre-training investment can serve game studios, simulation companies, and robotics developers alike.”
AGIX joins existing investors Khosla Ventures and General Catalyst, as well as investors such as Valor Equity Partners, Atreides Management, Seven Seven Six, and Point72.3,4 Valor Equity Partners is the Chicago-based growth investment firm founded by Antonio Gracias, one of the earliest institutional investors in Tesla and a long-standing SpaceX board member and shareholder.5,6
About AGIX Public-Private AI ETF
As of October 26th, 2026, General Intuition represented 1.35% of AGIX's net assets.7 Additionally, Anthropic represented 2.30%, Apptronik represented 1.03%, Ayar Labs represented 0.80%, Standard Bots represented 0.67%, Nuro represented 0.54%, and Polymarket represented 0.27% of AGIX's net assets.7
For more information on the KraneShares Public-Private AI & Technology ETF (Ticker: AGIX), top 10 holdings, and its innovative structure, please visit our AI ETF AGIX overview page.
About KraneShares
KraneShares delivers research-driven, high-conviction strategies connecting investors to the world's most powerful growth themes. From emerging technologies, China's dynamic capital markets, carbon credits, alternatives, and income, the firm offers differentiated exposures designed to capture the megatrends reshaping the global economy.
Holdings are subject to change.
For AGIX top 10 holdings, risks, standard performance, and other fund information, please click here.
Citations:
*Worldline Capital serves as the sub-advisor to AGIX.
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AGIX may invest in derivatives, which are often more volatile than other investments and may magnify AGIX's gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. AGIX is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause AGIX to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.
AI-exposed companies face profitability challenges due to high research costs, competition, IP reliance, and regulatory risk. Product failures or safety concerns could be detrimental. Identifying AI companies accurately is complex. Tech firms face risks of product failure, obsolescence, regulatory impact, and uncertain profitability due to technological advancements and government policies. Certain tech investments may lack current profitability and future success is uncertain. AGIX is subject to non-U.S. issuers risk, which may be less liquid than investments in U.S. issuers, may have less governmental regulation and oversight, are typically subject to different investor protection standards than U.S. issuers, and the economic instability of the non-U.S. countries. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values. AGIX may invest in Initial Public Offerings (IPOs). Securities issued in IPOs have no trading history, and information about the companies may be available for very limited periods. In addition, the prices of securities sold in IPOs may be highly volatile. In addition, as AGIX increases in size, the impact of IPOs on AGIX’s performance will generally decrease.
Large capitalization companies may struggle to adapt fast, impacting their growth compared to smaller firms, especially in expansive times. This could result in lower stock returns than investing in smaller and mid-sized companies. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. AGIX is new and does not yet have a significant number of shares outstanding. If AGIX does not grow in size, it will be at greater risk than larger funds of wider bid-ask spreads for its shares, trading at a greater premium or discount to NAV, liquidation and/or a trading halt. AGIX may invest in privately-issued and private company securities, which are generally not registered, may carry resale restrictions, and often lack active markets. These investments can be less liquid, harder to value, and subject to larger price swings, which may result in delays or higher costs when buying or selling. Private companies may have limited operating histories, smaller or less established businesses, fewer financial resources, and less available information. They may be more vulnerable to competition, market conditions, or economic downturns. A liquid market for their securities may never develop, and IPOs, if they occur, can be volatile and may negatively affect AGIX’s investment.
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