Backend Engineer

Founded in 2017 by globally recognized AI pioneer Dr. Andrew Ng, AI Fund embarked on a mission to build and support companies that aim to move humanity forward through artificial intelligence. What began with an initial $175 million fund has grown significantly, reflecting the increasing demand for AI-driven innovation across numerous industries. The venture studio was established with the vision that AI is the new electricity, poised to revolutionize the world much like electricity did a century ago. AI Fund's unique approach involves working closely with entrepreneurs from the earliest stages – often pre-seed or even pre-pitch deck – to rapidly build companies and enhance their prospects of success. They aspire to act as a minor co-founder, providing not just capital but also deep technical expertise, market validation, comprehensive business support, and assistance in recruiting strong core teams through their extensive AI ecosystem.

Over the years, AI Fund has cultivated a portfolio spanning diverse sectors such as healthcare, financial services, supply chain logistics, education, renewable energy, the future of work, and developer tools. The firm's model emphasizes a streamlined company-building process, offering technical validation, business advice, connections to subject matter experts, rapid recruitment, and operational excellence. This allows founders to concentrate on achieving product-market fit within a supportive AI ecosystem. AI Fund's commitment to fostering innovation is backed by leading venture capital firms and corporate partners, including names like New Enterprise Associates (NEA), Sequoia Capital, Softbank Group, The AES Corporation, and HP Inc. With the successful closing of its second fund, raising approximately $190 million, AI Fund continues to expand its efforts to co-found AI startups, providing hands-on support and early-stage funding to address real-world challenges and shape the future of AI's impact. The firm actively collaborates with entrepreneurs, venture funds, and corporate partners, often originating ideas from these collaborations to launch businesses with built-in customers and market traction.