Former YF Ralston launches AI ‘SAFETY’ Foundation

Yef Ralston, known for his years in his years, returns to the official investment ring during his years proclaim Thursday.

His new foundation is called a safe artificial intelligence fund or SAIF, which is both the explanation of his thesis and the play on the words.

Ralston is particularly looking for new creations that “raise AI security, security and responsible deployment” as his foundation website describes. He plans to write $ 100,000 as safe, “Pun is planned,” he said for $ 10 million. Of course, it is safe to contribute / prior to the preliminary investment tool by Y CommINator (it acts for a simple agreement for future equity).

Until these days, most VCS want to invest in AI’s newly creates, Ralston’s Time is slightly more focused on the idea of ​​a secure AI, although he acknowledges that the concept is a little wide.

“The vast majority of today’s projects use technology to solve problems or create efficiency or create new opportunities. “I intend to finance the newly creates whose main purpose is safe AI – how I have (very widely) set it.”

This list includes startups focused on improving AI safety as they clarify the decision of the AI ​​decision or security of AI. It includes products that protect intellectual property, which ensure that AI complies with the requirements of correspondence, the fight against misinformation and the attacks created by AI. He also wants to introduce functional AI tools with built-in security with built-in security, such as better AI-based tools and AI business negotiation tools that will not disclose corporate secrets to foreigners.

This may sound to the list of AI’s newcomers that many VCs are pursuing, but there are areas in Ralton, he will not return. An example is a complete autonomous weapon.

“Of course, there are the use of AI, which (will) must be insecure. Using a technology to create a biovia without a person without a person.

In fact, he would like to finance “Weapons Security Systems” that could detect or prevent attacks from AI weapons.

This is an interesting anti-aircraft point of view from today’s defense technology and VCS. As TechCrunch reported earlier, some of the people with weapons floated more and more about the idea that such weapons would be better without man.

Still all the things AI are in a crowded field of VCS these days. It is here that Ralston hopes that his YC connections can give him an advantage. Ralston left for YC in 2022, three years later as president (succeeded in Gary Tan) and more than a decade as a consultant.

Ralston plans to offer such an accelerator accelerator and promised to train them by applying to YC. And he suggests helping them to knock on his significant investor network.

Ralston refused to say how big this foundation is, how many newcomers does he intend to return or who is his LP pensions?