Ashton Kutcher raised a $243 million investment fund in just five weeks that will focus on ‘the next absolute transformation’ in tech

May 06, 2023

What they are saying

“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.”

Fortune .com

My Take

Undoubtedly, AI has become the sizzling epicenter in today's world. Seeking funds or capital for your startup? AI is the go-to domain during this downturn. You might wonder, how is Web3 related to this? Well, the majority of Web3 initiatives are now integrating AI as well. The reason? It's not merely about following the money trail, but because Web3 pioneers are constantly pushing the boundaries of technology, aiming to create groundbreaking products that transform the world. Personally, I view this influx of capital as a fresh financial resource for Web3 creators and a golden opportunity for the entire Web3 community.

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