Former Y Combinator president Geoff Ralston launches new AI ‘safety’ fund

Geoff Ralston, known for his time at Y Combinator, has launched the Safe Artificial Intelligence Fund (SAIF) focused on AI safety, security, and responsible deployment. The fund plans to invest $100,000 in startups, capped at $10 million total. SAIF will support companies developing tools for safe AI practices, such as enhancing decision-making transparency and ensuring compliance with regulations. Ralston aims to avoid funding fully autonomous weapons and instead prefers backing systems that prevent or detect AI-related attacks. He hopes his YC connections will give him an edge in this crowded field.