Ashton Kutcher Says VC Firm Raised Debut AI Fund in Five Weeks

Ashton Kutcher, the Hollywood actor and venture capital investor, raised the money for his firm’s new AI fund quickly.

“We pulled the fund together in about five weeks,” Kutcher said Thursday in a Bloomberg Television interview. “We have a base of LPs that have been with us for years on end.”

Kutcher’s new fund plans to put $243 million toward artificial intelligence startups, the tech industry’s current hottest category. The portfolio already includes investments in AI startup darlings OpenAI, Stability AI Ltd. and Anthropic.

With the new fund, assets under management at Los Angeles-based Sound Ventures LLC are about ...