LONDON — Founders Factory, a company that aims to create and scale startups, has hired former Imperial College London researcher Jeffrey Ng as its chief scientist.
At Founders Factory, Ng — who has cofounded several of his own software companies, including visual search and image recognition recognition company Cortexica Vision Systems — will help to develop new artificial intelligence (AI companies, while also providing support to AI companies on the Founders Factory accelerator programme, such as Iris.AI and illumr.
In an email to Business Insider announcing the hire, Founders Factory touted Ng’s expertise in big data, natural language processing, computer vision and deep learning deployment of AI platforms.
“Building and accelerating new startups in six diverse sectors opens up exciting new ways to apply AI,” said Ng in a statement. “It’s the energy and vibrancy of the Factory that’s the main draw for me, coupled with the chance to open up the AI toolbox to bring new products to life.”
Founders Factory’s AI efforts are largely funded by CSC Group, a private investment firm in China with over $US12 billion (£9.7 billion) under management. CSC signed a five-year multimillion pound deal with Founders Factory last October.
“CSC is the ideal partner to support our new AI startups,” said Ng. “There is so much AI innovation happening in China that this could be a two-way connection between the West and the East.”
More from Business Insider UK:
- People are really annoyed about Airbnb’s ‘hidden’ 3% conversion fee
- A bad Brexit deal for Britain will kick Europe into a disastrous recession
- ‘We don’t only set up businesses, we make homes’: What it’s like to be an immigrant entrepreneur in Brexit Britain
- This surprising activity could help you relieve stress
- Jaeger is going bust and 700 jobs are at risk