Baidu's Former AI Guru Wants to Raise $150 Million for New Research

Renowned artificial intelligence expert Andrew Ng hopes to raise up to $150 million to fund more work in AI, according to documents filed this week with the U.S. Securities & Exchange Commission. The documents were first spotted by online private capital community site PE Hub. Given his track record, Ng should have no trouble finding funding for this white-hot tech area, which aims to make computers smarter. Ng is the former chief scientist at Chinese tech giant Baidu (bidu) and he helped build the Google Brain project with Jeff Dean. He also co-founded online education firm Coursera and is a professor at Stanford University, as noted by news site TechCrunch.