The PE CxO AI Report
AI is the deal thesis now.
AI belongs in the investment thesis, not just the operating plan.
PitchBook's coverage shows AI is no longer just an operating-model question. It is becoming part of the deal thesis, with impact already showing up in software valuations, sector rotation, and LP access to foundational AI opportunities.
Sponsors are no longer underwriting AI as a generic improvement lever. They are asking which companies can use it to compound EBITDA, which business models AI will pressure, and which sectors benefit from the infrastructure and workflow changes AI requires.
The CEO check: write the AI thesis for your own company — before your sponsor writes it for you.