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Snap alums launch an investment fund to back AI start-ups
May 31, 2026
NewsBytes

Snap alums launch an investment fund to back AI start-ups

Snap alumni have started a new fund called Ghost Angels to invest in AI start-ups. They're looking for companies in social media and consumer areas, especially those using AI to connect people. Rivera said, "founders are launching quickly and iterating publicly." This fund aims to support innovative AI applications in these growing sectors.