Source: Axios
Summary
Zero Shot, a new venture capital fund with connections to OpenAI, is aiming to raise $100 million for its first fund. The fund has already made some investments, although details are scarce. Zero Shot’s ties to OpenAI suggest a focus on AI-related investments. The fund’s leadership and investment strategy have not been publicly disclosed.
Our Reading
The launch follows a familiar script.
Another venture capital fund emerges, this time with OpenAI ties. $100 million is the target, and some checks have already been written. Because what the world really needs is more AI-infused everything. Zero Shot’s “innovative” approach will likely involve throwing money at trendy AI startups. Just what we needed, another fund to “disrupt” the status quo.
Author: Evan Null
