776 Funds Early AI Startups in Sports and Beyond

Alexis Ohanian announced that his venture firm 776 is investing at the earliest stage in companies building at the forefront of AI x everything, including sports. The statement comes from his public post describing the firm's current focus. Ohanian co-founded Reddit and founded 776, and he holds stakes in women's sports teams. The announcement frames the investments as broad support for AI applications rather than limited to one industry. No specific startup names, funding amounts, or timelines appear in the post. The message positions 776 as active in early AI deals across multiple fields.