Educational Technology

February 13, 2018

Andrew Ng launches $175M AI incubator

Filed under: Educational Technology — admin @ 12:40 am

By Luke Stangel, Silicon Valley Business Journal

Artificial intelligence frontrunner Andrew Ng has raised $175 million for a new incubator devoted to machine learning startups. The fund, backed by NEA, Sequoia Capital, Greylock Partners and SoftBank, won’t invest in outside startups, Ng said in a note this week. Rather, it will fund small strike teams of AI researchers working inside the fund, who will test ideas in stealth and launch the ones they think can be commercially viable.

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