Ashton Kutcher is leaving Sound Ventures, the firm he co-founded 11 years ago, to start a new VC fund with Morgan Beller. The move isn’t a sign of trouble at Sound Ventures, but rather a strategic shift in focus towards early-stage investments in AI infrastructure and deep tech startups. Kutcher’s new fund will target the underlying technologies that power AI companies, a space that’s gaining attention from investors. Why it matters: this split signals a growing interest in the foundational layers of the AI ecosystem, which could lead to new innovations and opportunities in the field.