Andrew Ng is raising a $150M AI Fund

Andrew Ng is raising a $150M AI Fund

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Andrew Ng has announced last week about the first phase of the deeplearning.ai. It’s one of the series of deep learning courses that Andrew Ng has up his sleeves. Targeting the AI investments, the planning of Andrew is clear now, as his target for three part act is to accumulate the $150 million venture capital fund.

About Andrew Ng:

Andrew Ng has served at Baidu as a chief scientist and has evangelized the benefits of the AI. He has also been involved in founding the Google’s Brain Team. Ng also revealed recently that his aim and target is to eventually set an AI-powered society. The education via deep learning classes of Ng is the first step. Whereas, the other step is to provide capital and other resources.

2017, Best year regarding AI Investments:

For AI-focused venture capital funds, the year 2017 has remained an active year so far. In the past few months it has been observed that Google roll out Gradient Ventures, Basis Set venture's hall is in $136 million. Talking about the Element.AI, it has raised $102 million, Microsoft Ventures started AI funding of its own, whereas the Toyota brought up $100 million of the AI investment.

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