A group of former OpenAI leaders has launched a new venture capital fund called Zero Shot, aiming to raise $100 million to back next-generation AI startups. The fund has already completed its first close at around $20 million and begun deploying capital into early-stage companies.

The founding team includes key figures like Andrew Mayne, Evan Morikawa, and Shawn Jain, alongside experienced investor Kelly Kovacs. Their goal is to leverage deep insider knowledge of AI development to identify high-potential startups—focusing on areas like enterprise automation and robotics, where they believe real value is emerging.