Ex-White House AI Adviser Sriram Krishnan Targets $500M Fund for Late-Stage National-Security AI

Former White House senior AI adviser Sriram Krishnan is raising a venture fund targeting roughly $500 million to back growth- and later-stage US AI companies with a national-security tilt, according to The Information. Krishnan left the administration in June after an 18-month stint and was previously an a16z partner. The fund is still early — the team, first close and name are not finalized — and the $500M figure is a target rather than committed capital.