6 open models, 80 M&A memos, double-blind AI judges: Step 5 Preview claims a new Pareto frontier

Aizkmusic · x · 2026-10-16

Alongside the Step 5 Preview launch, the team ran an experiment: six open models wrote the same M&A memo for 80 companies, with two other AI judges double-blind picking the best memo per dollar, aiming to establish a new Pareto frontier for agentic finance. The grind behind it: rebuilding and rebenchmarking the demo, 1,600 AI verdicts run overnight, and three straight days at AI Engineer NYC — capped by the CEO posting a chart with a single yellow dot marking frontier capabilities.

Original post →

More from Venture

Venture channel →