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Michael Zeltkevic

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  1. Milken Institute45 min

    AI Infrastructure at Scale: Financing the Power-Constrained Grid | Global Conference 2026

    Brian Sullivan, Lucy Heintz, Douglas Kimmelman, Karl Kuchel, Rajit Nanda, Michael Zeltkevic, Doug Kimmel, Carl Cuscelli, Lucy Hines

    Projected to approach one trillion dollars in global capital expenditures, the AI energy transition is being driven by hyperscalers utilizing long-term power purchase agreements to de-risk infrastructure financing amid rising electricity costs. As the industry shifts from a focus on speed to market to speed to power, data center locations are increasingly dictated by the immediate availability of reliable energy and data sovereignty constraints, with nations like Saudi Arabia positioning themselves as strategic inference hubs. While supply chain advantages and government permitting acceleration are accelerating deployment, the sector faces significant consolidation risks and financing hurdles for unproven storage technologies as the race for compute capacity intensifies.

  2. Milken Institute58 min

    Algorithms to Outcomes: AI's Impact in Finance | Global Conference 2025

    Gregory Zuckerman, Andreas (Andy) Kreuz, Daniel Morillo, Katrina Paglia, Umesh Subramanian, Michael Zeltkevic

    Representatives from Marsh McLennan, Citadel, Pantera Capital, Freestone Growth Partners, and Roquan convened to discuss how their firms are integrating AI into both quantitative and discretionary investment workflows. The panel detailed tangible efficiency gains, such as reduced due diligence times and enhanced unstructured data analysis, while cautioning against overfitting risks and the loss of junior talent development. Ultimately, the speakers characterized the current technology as merely the "base of the mountain," emphasizing a strategic shift toward "man-plus-machine" systems and robust operational controls rather than full automation.