SoftBank, Sequoia back former Baidu exec Andrew Ng’s $175m AI fund

Left to right: Eva Wang COO and Partner, AI Fund; Andrew Ng; and Steven Syverud, Partner. Photo: Andrew Ng's Medium post

Andrew Ng, who formerly led artificial intelligence projects at Alphabet Inc’s Google and Chinese firm Baidu Inc, has raised a $175 million fund to invest in AI startups, starting with one of his own aimed at computers detecting defects in products.

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