Who we are:
AI Fund is Andrew Ng's venture studio. We identify high-potential applied AI ideas, recruit exceptional builders, and create new companies from scratch. Visiting Engineers join for a 12-week residency in Mountain View to take an idea from concept to working product alongside Andrew and the AI Fund team. If the idea validates, you become a co-founder. We are backed by a $390M fund from top-tier global investors. Our purpose is to build AI companies that move humanity forward.
The Idea: STRATA
Regtech copilot that does the work after a new regulation drops.
When a new rule, tariff, or regulatory filing hits, compliance teams don't just need an alert. They need to understand what changed, figure out the "so what" for their business, and then update a stack of living documents: leadership memos, benchmarking matrices, comparison tables, internal guidance. This work is manual, expensive, and often outsourced to consultants at high cost. Teams in regulated, asset-heavy industries (utilities, energy, infrastructure) spend 15-20% of their time on this.
LLMs are excellent at grounded extraction, diffs, and keeping living documents in sync with changing external sources. They struggle at inventing consulting from scratch, but STRATA doesn't ask them to. The system pulls from trusted primary sources, generates cited redlines and updated cells, routes through a reviewer workflow, and publishes versioned output with an audit trail.
The target vertical is US utilities and energy developers: rate cases, tariffs, interconnection fees.