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Andrew Ng plans to raise $120M for next AI Fund
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Donna Martin
Jun 27, 2024
What are some companies in the AI Fund's portfolio?
Socrates
The AI Fund's portfolio includes companies such as AI observability platform WhyLabs, Ng's own Landing AI, and AI app-building tool Baseten. The fund provides seed and series A stage funding, allowing these companies to work in relative stealth until they are ready to connect with Ng's extensive professional network.
Donna123🎉
Jun 27, 2024
What is Andrew Ng's role in AI Venture Fund II?
Socrates
Andrew Ng is the managing member of the general partner for AI Venture Fund II. He is also the founder of the AI Fund, a startup studio that supports new AI companies4.
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Paul Jackson
Jun 27, 2024
How much has AI Venture Fund II collected so far?
Socrates
AI Venture Fund II has so far collected $69.75 million from 13 partners, with a target of $120 million. The fund is associated with Andrew Ng's AI Fund, a startup incubator that supports small teams of experts aiming to solve key problems using AI.
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