Invariantum

Market prices INDI as a failing automotive chip company. It is the only publicly traded Physical AI sensor platform with confirmed Unitree and Figure AI relationships, a $7.4B backlog, at $900M market cap.

Sony is overlooked as a physical AI infrastructure leader because investors focus on entertainment and electronics, while its dominant CMOS sensor business powers machine vision globally.

FHE enables computation on encrypted data, eliminating decryption risks. Hardware acceleration (e.g. Intel Heracles) may make it economic viable, unlocking massive markets across AI, cloud, healthcare, and finance.