[September 18, 2018] |
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The AI Foundation Raises $10 Million From World-Leading Investors to Transform Media, Entertainment and Communications
The AI Foundation has secured funds from leaders across Silicon Valley,
Hollywood and Madison Avenue. Founders Fund, You & Mr Jones, Endeavor,
Biz Stone, and many others have joined forces to help The AI Foundation
make some of its cutting-edge technology around trusted, decentralized
and personal AI accessible to all.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180918005298/en/
"Bringing personal AI to everyone opens up a new world of personal
media, forever transforming entertainment and communications," said Lars
Buttler, The AI Foundation co-founder and CEO. "Visionary leaders in
technology, media, communications and branding are ideal partners in
this exciting mission."
Cyan Banister, Founders Fund partner, and David Jones (News - Alert), You & Mr Jones
founder, have joined the Board of Directors. Banister is widely
recognized as a thought leader in technology and media; her extensive
portfolio includes DeepMind, Uber, Niantic and SpaceX. David Jones is
the former global CEO of Havas and the co-founder of One Young World. He
was a founding member of the Facebook (News - Alert) Client Council and is regarded as
a world-class brand and marketing technology expert. His brandtech group
has made investments in technology innovators like Pinterest and
Niantic, as well as AI-driven companies such as Automat and Crossing
Minds.
"There is no doubt AI will transform our society," said Cyan Banister.
"The AI Foundation is leading the development of powerful tools to
advance humanity in both revolutionary and responsible ways."
"We are at the dawn of a new era of AI-powered media and branding," said
David Jones. "The AI Foundation is building remarkable technology that
has significant potential not just for marketing and brands but for the
world."
Twitter (News - Alert) and Medium co-founder Biz Stone, has als joined The AI
Foundation's Global AI Council, which brings together top scientists and
innovators to research and evaluate how AI can move humanity forward, as
well as anticipate and counteract its risks. The AI Foundation recently
introduced the first phase of Reality Defender, a guardian-AI protecting
against fake media.
"The potential to recognize the true promise of AI and to amplify the
best traits of humanity are the driving values of The AI Foundation,"
said Biz Stone. "The recognition and proactive approach to the possible
negative impact of this technology is also reassuring. Seeing the whole
picture, addressing the whole picture, and being willing to take
responsibility is one of the most impressive things about The AI
Foundation."
For more information, please visit AIFoundation.com.
About The AI Foundation
The AI Foundation's mission is to move humanity forward through the
power of decentralized, trusted, personal AI, while anticipating and
counteracting the risks of AI's proliferation in society. With the help
of many of the world's most distinguished scientists and innovators, The
AI Foundation develops foundational technology, products and experiences.
About You & Mr Jones
You & Mr Jones is the world's first Brandtech group. Its mission is to
help businesses build brands better, faster, and cheaper using
technology. It was founded in June 2015 by former Havas Global CEO and
Facebook Client Council founding member David Jones. You & Mr Jones sits
at the intersection of the dramatic growth in mobile, a tech revolution
that has empowered people to create, produce and share unprecedented
amounts of content, the impending revolution in AI, AR, and VR, and
frustrated global companies looking for brand- and tech-literate
partners, and have acquired 5 companies, invested in 21 and launched two
start-ups. Group clients include Airbnb, Netflix, Facebook, Accenture (News - Alert),
Unilever, Google, Sony, Coca-Cola, Coty, Richemont, Emirates,
Mastercard, Diageo, Danone, Samsung, AXA, Orange, Renault, Ferrero,
Lacoste, BNP Paribas, Europcar, and Total. You & Mr Jones is
headquartered in New York and has offices in San Francisco, London,
Bangalore, Sao Paulo, Los Angeles, Shanghai, Sydney, Mexico City, Cape
Town, Hong Kong, and Paris. http://www.youandmrjones.com
About Founders Fund
Founders Fund invests in science and technology companies solving
difficult problem. The firm has been an early backer of some of the most
impactful companies of the past decade, including SpaceX (News - Alert), Palantir,
Facebook and Airbnb. Founders Fund pursues a founder-friendly investment
strategy, providing maximum support with minimum interference. More
information can be found at www.foundersfund.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180918005298/en/
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