AI Fund

AI Fund

The AI Fund is a venture fund with a $175M initial budget for the creation of new companies that utilize AI.

The investors in AI Fund include NEA, Sequoia, Greylock Partners and the SoftBank Group. Each company AI Fund invests in will be an AI related business. The first company to be created out of AI Fund is Landing.ai, a company targeting AI opportunities in the manufacturing industry.

The company was created by Professor Andrew Ng, after he created a methodology to experiment around applied AI projects and spin them out into products while at Baidu in Sunnyvale.

Timeline

People

Name
Role
LinkedIn

Andrew Ng

Eva Wang

Steven Syverud

Further reading

Title
Author
Link
Type
Date

Andrew Ng officially launches his $175M AI Fund

Frederic Lardinois

Announcing the AI Fund: Building transformative AI companies

Andrew Ng

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services
Golden logo
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