# AI Fund

> AI Fund is Andrew Ng’s venture studio, founded in 2017. It co-founds AI businesses with entrepreneurs and corporate partners, supplying technical expertise, market validation, recruiting and early capital. Its portfolio spans enterprise software, healthcare, finance, education and industrial applications.

- **Founded:** 2017
- **Headquarters:** Mountain View, United States
- **Founders:** Andrew Ng (Founder and Managing General Partner)
- **Products:** Venture co-building, Engineer in Residence, Corporate co-building, Follow-on investment and founder support
- **Notable:** Closed an oversubscribed approximately $190 million Fund II in May 2025., Announced a Taiwan hub led by Jill Shih in October 2024., Co-founded RapidFire AI, which announced its open-source training experimentation engine in September 2025.

## Products & services

- **Venture co-building** — Technical validation, product development, recruitment, business formation and funding alongside a founding entrepreneur.
- **Engineer in Residence** — A paid, on-site, 12-week build of a studio-sourced idea; successful formation may receive $500,000-$1 million.
- **Corporate co-building** — Develop startup opportunities with industry partners including AES and Mitsubishi Corporation.
- **Follow-on investment and founder support** — Continued capital and help with recruiting and fundraising after formation.

## Achievements

- Closed an oversubscribed approximately $190 million Fund II in May 2025.
- Announced a Taiwan hub led by Jill Shih in October 2024.
- Co-founded RapidFire AI, which announced its open-source training experimentation engine in September 2025.
- Portfolio company Workera is listed as acquired by Pearson in 2026.

## Latest updates

- **2026-09** — Pearson announced its acquisition of portfolio company Workera on September 29, 2026.
- **2025-09** — RapidFire AI announced an open-source engine for LLM fine-tuning and post-training; AI Fund described its co-founding role.
- **2025-06** — AI Fund published a look at AI-assisted coding across non-engineering roles.
- **2025-05** — Announced the approximately $190 million Fund II close.

## Links

- Website: https://aifund.ai/
- LinkedIn: https://www.linkedin.com/company/aifund/
- Twitter/X: https://twitter.com/AI_Fund
- YouTube: https://www.youtube.com/@AIFundVentureStudio
- Facebook: https://facebook.com/aifundventurestudio/

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Profile page: https://yespress.io/ai-fund
Published by YesPress — https://yespress.io
Last updated: 2026-10-27
