Sriram Krishnan reportedly seeks $500 million for national-security AI fund

Sriram Krishnan, a former senior White House AI policy adviser, is reportedly seeking roughly $500 million for a venture fund targeting growth-stage AI companies relevant to U.S. or allied national security.

The $500 million figure is a fundraising target, not capital known to be committed or closed. The prospective fund is in its early stages, has no announced name and is still assembling a team. The available sources do not establish a completed raise, a first close or a launch date.

Krishnan stepped down as the White House’s senior policy adviser on AI in June 2026. His recent policy work put him close to an administration agenda connecting AI investment, government-industry coordination and allied security. The White House’s July 2025 AI Action Plan calls for private-sector-led innovation, close government work with American AI developers against security risks, and exports of the U.S. AI technology stack to allies and partners.

The proposed fund’s reported focus overlaps with those policy priorities. The available evidence does not establish that Krishnan’s government work caused or formally shaped its investment mandate.

Before joining the government, Krishnan was a general partner at Andreessen Horowitz. The firm’s biography of Krishnan says his product career included Microsoft, Facebook, Snap and Twitter. The fund’s name, investors, committed capital, first-close date and portfolio remain unconfirmed.