Former white house AI advisor launches $500 million venture fund

Sriram Krishnan, who left his role as the White House's senior policy advisor on AI in June, is aiming to raise approximately $500 million for a new venture capital fund. The fund, still in its early stages, is expected to focus on growth-stage AI companies with relevance to national security for the U.S. or allied nations. Krishnan previously worked at venture capital firm Andreessen Horowitz and held positions at Snap, Twitter, and Facebook. Axios reported the news, highlighting Krishnan's transition from government to the private sector. The fund's emphasis on national security aligns with Krishnan's background in AI policy. This move marks a significant shift for Krishnan, who has now turned his attention to investment in the AI space. The fund's focus on national security suggests a strategic direction aimed at supporting critical technologies for the U.S. and its allies. The timing of the fund's launch comes as AI continues to play a pivotal role in global security and technological advancement.