Sriram Krishnan Seeks $500 Million Fund for Growth-Stage National-Security AI

Sriram Krishnan, the former White House senior policy advisor for AI, is seeking to raise around $500 million for a new venture capital fund focused on growth-stage AI companies tied to U.S. or allied national security, a report published Oct. 7 says. The effort is in its early stages: it has no announced name, Krishnan is building a team, and the report did not disclose a final close, limited partners, portfolio companies or fund terms.