News Summary

Former OpenAI employees have launched a venture capital fund, Zero Shot, with a target of $100 million to invest in AI startups. The founding team includes Evan Morikawa, Andrew Mayne, and Shawn Jain, all former OpenAI members. They are joined by VC Kelly Kovacs and Brett Rounsaville. Zero Shot has already begun making investments, including in Worktrace AI, which raised $10 million, and Foundry Robotics, which secured $13.5 million. The fund aims to leverage the founders’ insider expertise to identify promising AI startups and avoid overhyped sectors like vibe coding and digital twins.