2024-06-28 10:10:50.AIbase.9.9k
Andrew Ng Plans to Raise $120 Million for His AI Fund
According to SEC filings, AI pioneer Andrew Ng's AI fund, an incubator supporting small teams in using artificial intelligence to solve critical issues, plans to raise over $120 million for its second fund. The documents show that the AI Venture Fund II has already raised $69.75 million from 13 partners, with about $50 million still to be invested.