# @eluna.ai on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Crs6LBerLm6
- **Gondola URL:** https://gondola.cc/posts/6046954-elunaai-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/76f01b7840.jpg
- **Posted:** 2023-05-01T13:10:19.000+00:00

## Caption

Sound Ventures, a venture capital firm focused on investing in transformative technologies and exceptional founders, today announced that it has closed Sound Ventures AI Fund oversubscribed at nearly $240M. The fund seeks to invest in category-defining artificial intelligence businesses at the foundation model layer. The fund’s current portfolio includes OpenAI, Anthropic and StabilityAI. Sound Ventures is led by General Partners Effie Epstein, Ashton Kutcher and Guy Oseary and manages over $1B in assets across funds.

According to aplusk:

“We believe this is potentially the most significant technology we will experience since the advent of the internet. The foundation model layer companies are defining the category, and, in our view, they have the power to transform businesses and everyday life.  That is a conversation we want to be in.” 

According to guyoseary:

“We anticipate that AI is going to play an impactful role in everything we do – including entertainment, an industry we know well. The companies we are backing will be at the forefront of this powerful innovation, and Sound Ventures is excited to bring our distinct experiences and connectivity to responsibly support these AI foundational platforms.

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#ai #artificialintelligence #soundventures #openai #stabilityai #anthropic

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## Tags

openai, anthropic, stabilityai, ai, artificialintelligence, soundventures

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