Former Y Combinator president Geoff Ralston launches new AI ‘safety’ fund

No, there is no good in YROFF Society in Yolmutor, returns to an official investment ring declared Thursday.

His new fund is called a safe artificial intelligence fund or Saif, and the explanation of a game in both thesis and words.

Ralston is looking for the beginnings, especially in its Foundation, as in its Foundation ” Website describes. It plans to write a $ 100,000 check, “Pun is designed,” says, with a $ 10 million lid. Of course, now investing, now / price later in the lower investment instrument (stops for a simple agreement for future capital).

Investing in the beginning of the most VCS AI these days, the purchase of Ralston, although the concept is a little wide, is a little more careful to the EU’s imagination.

“Today, the vast majority of the AI ​​project in the world use technology to solve problems or create efficiency or create new opportunities.”

This list includes the EU security, as the EU decision-making process or Benchmark clarifies the security of Benchmark, the EU’s safety. It covers those who protect the intellectual property, the AI ​​compliance with compliance requirements, combating disinformation and evolving AI. Also, such as better AI forecasting tools and AI effective working negotiations, for example, it wants to invest in the AI ​​tools with a security that does not open corporate secrets to removal, such as internal security tools and AI effective working negotiations.

This can be sounded like a list of AI beginnings that many VCs followed, but Ralston says it will not return. An example is the fully autonomous weapons.

“Of course, the EU is used to be dangerous:” Conditional weapons without a person in the loop, etc. It is used to use bioweapons to create technology, “he said.

In fact, he loved to finance “gun security systems” that can detect or prevent attacks from AI weapons.

This is an interesting control view of today’s defensive technology and many of the VCs. As the TechCrunch was previously reportedSome of the people who build the EU weapons face the idea that such weapons will work better without human.

Again, AI is a crowded area for VCS these days. This is where Ralston’s links to YC prefer. Ralston In 2022, YC, in three years later, departed (Succeeded by Garry Tan) and for more than a decade as a consultant.

Ralston plans to offer a modesty in the floors starting accelerator, and how to apply to YC, they promised to train them. And he offers to help them hit a lot of investors.

Ralston refused to say how great the fund is, however the beginning is or the LP’s.