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π§ AIπ’ BullishImportance 6/10
OpenAI alums have been quietly investing from a new, potentially $100M fund
π€AI Summary
Zero Shot, a new venture capital fund with strong connections to OpenAI, is targeting $100 million for its inaugural fund and has already begun making investments. The fund represents another significant capital pool entering the AI investment landscape from industry insiders.
Key Takeaways
- βZero Shot is a new VC fund founded by OpenAI alumni seeking to raise $100 million for their first fund.
- βThe fund has already started deploying capital and writing checks to portfolio companies.
- βThis represents another wave of OpenAI talent spinning out to create investment vehicles focused on AI opportunities.
- βThe fund's deep OpenAI connections could provide unique deal flow and technical expertise for AI investments.
- βThe $100 million target suggests significant investor interest in AI-focused venture capital funds.
Mentioned in AI
Companies
OpenAIβ
Read Original βvia TechCrunch β AI
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