Geoff Ralston, well-known in the startup community for his years at Y Combinator, is back in the formal investing ring, he announced Thursday. His new fund is called Safe Artificial Intelligence Fund, or SAIF, which is both an explanation of its thesis and a play on words. Ralston is specifically looking for startups that “enhance AI safety, security, and responsible deployment,” as his fund’s website describes. He plans to write $100,000 checks as a SAFE, “pun intended,” he says, with a $10 million cap. A SAFE is, of course, the invest now/price later pre-seed investment tool pioneered by Y Combinator (it stands for simple agreement for future equity). While most VCs these days are looking to invest in AI startups, Ralston’s take is a bit more focused on the idea of safe AI, even though he admits the concept is a bit broad. Read more on SAIF at the link in the bio 👆 Article by Julie Bort Image Credits: Web Summit #TechCrunch #technews #artificialintelligence #venture #YCombinator