Samsung NEXT, the group helping to transform Samsung by working with entrepreneurs and innovators to build, grow and scale software and services, announced Samsung NEXT Q Fund to help enable the full potential of AI’s future.
Q Fund will provide Seed and Series A financing to startups solving AI problems, as well as those using AI to solve computer science problems. Q Fund will enable Samsung NEXT to work closely with innovators, researchers and startups to create meaningful exposure to the entire AI stack.
Samsung NEXT is focused on what the world will look like in five years and beyond, and helping make that a reality. Aligned with this long term point of view, Q Fund represents a departure from how traditional venture capital approaches investments in AI. With Q Fund, Samsung NEXT Ventures will have the flexibility to invest in non-obvious, forward-thinking approaches to AI instead of the applied AI technologies we see in the market today.
Problem spaces Q Fund will examine could include areas such as learning in simulation, scene understanding, intuitive physics, program learning programs, automl, robot control, human computer interaction and meta learning. Q Fund is particularly interested in innovators who apply novel approaches to these challenges, which have historically been immune to conventional techniques.
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