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2 days ago · AI bigshot Andrew Ng's AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upwards of $120 million for its second tranche. A filing with the SEC shows that the AI Fund's second fund, AI Venture Fund II, has so far amassed $69.75 million from 13 partners -- leaving around $50 million to be invested. The AI Fund's PR declined to ...
1 day ago · Andrew Ng, a towering figure in the field of artificial intelligence, is gearing up to secure more than $120 million for AI Venture Fund II, the latest endeavor under his AI Fund umbrella. According to a recent filing with the SEC, the fund has already amassed $69.75 million from 13 partners, leaving approximately $50 million yet to be raised.
2 days ago · Jun 27, 2024. Illustration: Sarah Grillo/Axios. Energy giant AES has teamed up with AI Fund, led by entrepreneur Andrew Ng, to co-develop startups using artificial intelligence for the energy transition, the companies tell Axios. Why it matters: The power grid lacks a lot of modern digital tech, and there's a major opportunity for the grid to ...
1 day ago · 01. Founded by Andrew Ng: Andrew Ng, a co-founder of Coursera and former head of Baidu AI Group, started Landing AI to democratize AI technology. 02. Focus on Manufacturing: Initially, Landing AI targets the manufacturing sector, helping companies improve quality control and efficiency through AI. 03.
2 days ago · Andrew Ng, the founder of Google Brain and co-founder of Coursera, launched the AI Fund in 2018 with $175 million, aiming to provide seed and series A funding for AI startups. Despite the planned $120 million for AI Venture Fund II being smaller than the first tranche, it is more than double what Ng reportedly hoped to raise initially, suggesting a potential deflation of the AI bubble.
2 days ago · TechCrunch techcrunch.com. AI bigshot Andrew Ng’s AI Fund, a startup incubator that backs small teams of experts looking to solve key problems using AI, plans to raise upwards of $120 million for its second tranche. A filing with the SEC shows that the AI Fund’s second fund, AI Venture Fund II, has so far amassed $69.75 million […]
5 days ago · As a pioneer both in machine learning and online education, Dr. Ng has changed countless lives through his work in AI, authoring or co-authoring over 100 research papers in machine learning ...
