In the final 12 months, the 9-year-old Beverly Hills, California-based venture agency, co-led by Ashton Kutcher, Guy Oseary, and Effie Epstein, launched a new $265 million AI fund that placed significant bets on leading language model companies such as OpenAI, Anthropic, and Hugging Face.
The truth is that the plan aimed to invest in just six corporations – a bold yet potentially lucrative bet on the group’s vision of the future, where due to the technical expertise required and the significant capital needed to cover computational costs, the biggest winners in AI will likely be a select few.
Sound has successfully secured additional funding for this specific charitable initiative. It appears that the organization has successfully stayed true to its mission, as evidenced by the few public offerings it has disclosed in 2024; we’re excited to be hosting all three at our event to share their approaches and discuss the current developments they are monitoring.
Ashton Kutcher has arguably navigated the transition from acting to investing more effortlessly than anyone else in Hollywood, commencing his entrepreneurial journey in 2010 with the launch of A-Grade Investments, a venture capital firm co-founded with expertise manager and business partner Guy Oseary, whose early bets on Airbnb and Uber helped solidify their reputation for making timely investments.
Two individuals, who co-founded Sound Ventures in 2014, later welcomed Jeff Epstein onboard to expand their proprietary capabilities. Epstein beforehand led world technique on the Marsh & McLennan subsidiary Marsh. Prior to her current role, she held the position of Senior Vice President of Planning and Head of Investor Relations at iHeartMedia, where she was responsible for strategic planning and financial communications. Earlier in her career, she worked in business development at Clear.
Before joining the firm, Epstein drew upon his expertise in financing and advisory services within the energy sector, leveraging a diverse portfolio of relationships and industry insights.
You’re unlikely to miss this opportunity to connect with the global tech community at Disrupt 2024, where over 10,000 leaders from the world of technology, startups, and venture capital will gather.
