Andrew Ng plans to raise $120M for next AI Fund

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Andrew Ng plans to raise $120M for next AI Fund - TechCrunch

Quick Summary:

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.

He left Baidu in 2017 to jumpstart a number of AI ventures, including the Deeplearning.ai course and Landing AI, a startup developing AI tools targeting manufacturing companies.

Ng, the founder of the Google Brain deep learning project, co-founder of Coursera, and recent Amazon board appointee, was one of the most recognizable names in the AI community when he became Baidu’s chief scientist in 2014.