Sound Ventures, the venture-capital firm co-founded by Ashton Kutcherand music manager Guy Oseary, is looking to back “category-defining” artificial intelligence businesses.
The VC firm announced that it has closed Sound Ventures AI Fund, oversubscribed at nearly $240 million. The fund seeks to invest in AI businesses at the foundation model layer. Currently, the fund’s portfolio of companies includes OpenAI, Anthropic and StabilityAI. Kutcher, Oseary and Effie Epstein lead Sound Ventures as general partners. ...