Alex Davis is betting billions on the companies shaping the future of artificial intelligence—and he’s doing so right here in Dallas. At Venture Dallas 2026, held Oct. 22 at Old Parkland, the Disruptive founder, chairman, and CEO sat down with fellow investor John Redgrave to discuss where his bets are headed. The conversation spanned local opportunity and why America’s AI advantage is far from a sure thing to the responsibility that comes with writing big checks and the risks behind the data center boom.
Davis also dropped the news that he plans to relocate Groq’s headquarters to Dallas from Silicon Valley. Serving as the company’s executive chairman, the investor led Groq’s latest fundraise which closed at $350 million. Valued at $3.5 billion, the startup provides the cloud computing power that lets AI models respond quickly to questions and carry out tasks. That process is called inference.
Davis founded Disruptive in 2012 and has deployed $1.9 billion to date, having returned $6 billion to his LPs. His investments have included Palantir, Airbnb, Groq, Spotify, Databricks, Stripe, and Slack. Now, he plans to deploy a newly raised $10 billion megafund into about 10 companies over the next 18 months.








