Home Featured News Andrew Ng Steps Down as CEO of Landing AI, Focuses on Investment

Andrew Ng Steps Down as CEO of Landing AI, Focuses on Investment

0
18
Artificial Intelligence
Image Credit: tekedia.com

Andrew Ng, a renowned figure in the AI community and co-founder of several notable AI initiatives, is stepping down from his role as CEO of Landing AI, the computer vision platform he founded in 2017. The company has announced that Dan Maloney, who previously served as the Chief Operating Officer (COO), will assume the role of CEO. Ng will transition to the position of Executive Chairman, where he will continue to contribute to the company’s technological direction and collaborate on key strategic decisions.

Ng, whose career includes influential roles at Google Brain, Coursera, and Baidu, has a history of moving quickly between projects and companies. This recent change is likely tied to his expanding interests beyond the day-to-day operations of Landing AI. Notably, Ng’s AI Fund recently announced its plans to raise an additional $120 million, indicating a potential shift in focus toward investment.

In addition to his new role at Landing AI, Ng was appointed to Amazon’s board in April, suggesting his involvement in broader strategic and technological ventures. As Ng steps back from an operational role, it is expected that he will concentrate on his investment endeavors and potentially other new projects. Executive changes like this often signal forthcoming developments, so the industry will be watching closely for more news from Ng and Landing AI in the coming months.

read more: Alphabet’s Ag Tech Spinout Mineral Shifts Focus as John Deere Acquires Technology