Annual Letter from the

Founders

‍

May 23, 2025

‍

I. To the supporters of Farpoint:

This is the first of our annual letters where we discuss our thoughts on AI technology, markets, and our mission.

On this day two years ago, Farpoint was founded on a simple mission–to expand the frontiers of what is possible with AI, for the betterment of humanity. Our foundational ideology is to see AI as an instrument of augmentation for human capabilities while leaving human agency untouched; using AI to solve the world's hardest problems while generating compounding returns, both economically and socially, for the long term

II. Where we fit

Deploying AI is often too complex a task for most organizations to do on their own. The ability to identify, qualify and quantify AI opportunities is exactly where Farpoint excels

III. Our first year

Our clients challenges are our opportunities and these opportunities are not sector agnostic.

A few notable achievements:
– Predicted GICS Industry Penetration: 3
– Actual GICS Industry Penetration: 7

– Predicted AI Use Cases Identified: 10
– Actual AI Use Cases Identified: 48

– Predicted Net New Logos: 3
– Actual Net New Logos: 9

On top of these achievements, Farpoint has also delivered AI solutions for clients outside of Canada - touching London, Paris, the Philippines, and Tokyo.

IV. What's next

As we look on to this next year

May our curiosity compel us.
Our intelligence propel us.
And our resilience protect us.

Onwards,

Nicholas Ning
CEO
June 8, 2024

‍

‍

‍