Ashton Kutcher Exits 11-Year Sound Ventures to Launch AI Infrastructure Fund
Updated
Updated · TechCrunch · Jul 1
Ashton Kutcher Exits 11-Year Sound Ventures to Launch AI Infrastructure Fund
2 articles · Updated · TechCrunch · Jul 1
Summary
Ashton Kutcher is leaving Sound Ventures after 11 years to start a new venture firm with former NFX general partner Morgan Beller, according to the Wall Street Journal.
The split stems partly from different views on startup stage: Sound has leaned toward more established companies, while Kutcher and Beller plan early-stage bets in AI infrastructure, energy and deep tech.
Morgan Beller previously co-led Meta's Libra project and spent nearly three years at Andreessen Horowitz, adding crypto and venture experience to the new firm, whose name has not been disclosed.
Sound's performance does not appear to be the issue: the firm backed Brex, Gusto, OpenAI, Anthropic and World Labs, while Kutcher will remain an adviser and Guy Oseary and Effie Epstein will advise the new fund.
The move highlights a broader AI investing shift from backing headline model makers toward the underlying compute, power and industrial systems needed to run them.