Skip to main content

Share story

Capital AI

Former OpenAI Executives Launch $100M Venture Fund Zero Shot

Former OpenAI Executives Launch $100M Venture Fund Zero Shot Image: Primary
Zero Shot Capital, a venture firm founded by former OpenAI executives and employees, is targeting $100 million for its debut fund to invest in artificial intelligence startups. The fund has already written checks to several AI companies, leveraging the founding team's experience in foundation model development and AI infrastructure. The efforts represent the latest instance of OpenAI alumni transitioning to venture investing following the departure of multiple research and product leaders over the past year. Zero Shot joins a growing ecosystem of AI-focused venture funds led by former operators from leading labs. The firm's strategy focuses on early-stage companies building AI-native applications, infrastructure, and developer tools. The fundraising environment for AI startups remains competitive despite broader venture market headwinds, with top-tier teams attracting significant capital allocations from institutional investors seeking exposure to the sector.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital AI
Capital AI

Nevis raises $70M with Schwab joining wealth software investors

Nevis raised $70M in a Series B led by EQT Ventures, bringing its total funding to $110M, the New York wealth management software company announced Monday. Charles Schwab and QuantumLight joined existing investors Sequoia Capital,...

Robotics Capital
Robotics Capital

Bedrock Robotics raises $600M at a $4.1B valuation

Bedrock Robotics raised a $600M Series C at a $4.1B valuation, Bloomberg reported. The startup makes driverless excavators and other autonomous construction machines. The financing adds capital to a company developing autonomous ...

Capital
Capital

Matiks raises $10 million to expand puzzle games and game creation

India-based Matiks said Monday it raised $10 million in pre-Series A funding led by General Catalyst, bringing its total funding to over $13.5 million. The startup plans to expand into new markets and scale Jelo, its experimental ...

AI Products
AI Products

AWS makes GPT-6.1 Terra generally available on Bedrock

AWS announced general availability of OpenAI's GPT-6.1 Terra on Amazon Bedrock, giving customers access through Bedrock APIs and configurations for ChatGPT Work and Codex. The model accepts text and images and supports up to 1 mil...

AI
AI

OpenAI releases GPT-6.1 Terra at $1 per million input tokens

OpenAI has released GPT-6.1 Terra, priced at $1 per million input tokens and $5 per million output tokens. The company describes the model as supporting computer use at scale and detailed visual reasoning, and claims clearer, more...