{
  "id": 591674,
  "title": "Sources: David Sacks' Craft Ventures is targeting around $1B for a new fund, its first since Sacks stepped down as the White House AI and crypto czar (The Information)",
  "url": "https://urgent.news/2026/08/11/sources-david-sacks-craft-ventures-is-targeting-around-1b-for-a-new",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-11T18:25:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.theinformation.com/articles/sacks-craft-targets-1-billion-first-fund-since-white-house-stint"
  },
  "original_language": "en",
  "account": null,
  "summary": "Craft Ventures, the VC firm helmed by former White House AI czar David Sacks, is raising its first fund since Sacks stepped away …",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Sources: legal AI startup Harvey is in talks to raise $500M+ at a $15.5B valuation, up from $11B in March, and is generating $350M+ in annualized revenue (The Information)",
        "url": "https://urgent.news/2026/08/07/sources-legal-ai-startup-harvey-is-in-talks-to-raise-500m-at-a-15-5b",
        "published": "2026-08-07T17:25:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}