Veteran AI Executive to Lead Global AI Strategy
NEW YORK--(BUSINESS WIRE)--B Capital, a global multi-stage investment firm, today announced the appointment of Dr. Andrew (“Andy”) Jackson as General Partner and Chief AI Officer. Dr. Jackson will lead B Capital’s global artificial intelligence (AI) strategy, working across investment, portfolio management and operations teams to enhance sourcing, diligence, knowledge sharing and founder support. He will also provide technology leadership for AI-driven businesses incubated by B Capital.
Dr. Jackson brings more than 20 years of experience in AI, machine learning and data, with deep expertise in enterprise deployment and responsible AI leadership. He most recently served as Chief AI Officer at G42, where he partnered with OpenAI to develop country-specific AI strategies to drive industry transformation across the UAE and oversaw governance for Stargate UAE, a 5-gigawatt AI infrastructure cluster that is the largest of its kind outside the U.S. He also founded a Microsoft-backed regional AI Foundation focused on advancing best practices in AI governance.
Previously, Dr. Jackson founded and served as CEO of Inception, an AI lab and G42 company that created the most extensive family of open-source AI models in the MENA region and supported the AI transformation of regional leaders in investment, government and energy. Earlier in his career, Dr. Jackson played a key role in expanding Palantir’s presence across the MENA region. He holds a PhD in machine learning from Trinity College Dublin.
In addition to providing technology leadership to the firm’s investments in AI-driven businesses, including the recently announced agreement to acquire Russell Investments, Dr. Jackson will help establish an ecosystem of AI companies that will conduct AI research, build AI native products and services and form partnerships that focus on transforming the investment industry. Under his guidance, these efforts will scale B Capital’s internal proprietary technology platform, develop new AI tools for investment, create AI driven investment products and help define the future of AI through advanced research.
“AI will not replace human judgment in private investing, but it will amplify it,” said Raj Ganguly, Co-Founder and Co-CEO of B Capital. “The firms that win in the next decade will be those that combine exceptional investing talent with world-class AI capabilities. Andy brings a rare combination of technical expertise, operating experience and strategic vision, with a proven track record of building and scaling AI systems in complex, real-world environments. I’m confident he will help us strengthen how we identify opportunities, support founders and management teams, and create value across our portfolio, while preserving the insight, trust and relationships that have always defined our approach as partners.”
“AI is creating one of the most significant platform shifts of our time,” said Eduardo Saverin, Co-Founder and Co-CEO of B Capital. “Andy has spent his career helping organizations translate technological innovation into business impact. His experience will strengthen our ability to support founders building AI-native companies and help shape the next generation of business leaders.”
"We are at a pivotal moment when AI is becoming embedded in how organizations operate and compete," Dr. Jackson said. "What excites me about B Capital is its commitment to apply AI thoughtfully across the investment lifecycle while helping an array of industries harness the technology to build stronger businesses. By combining deep investing expertise with AI-driven capabilities, we have an opportunity to create a differentiated platform for founders, management teams and investors."
About B Capital
B Capital is a multi-stage global investment firm that partners with extraordinary entrepreneurs to shape the future through technology. With more than $12 billion in assets under management across multiple funds, the firm focuses on seed to late-stage venture growth investments, primarily in the Technology, Healthcare and Energy sectors. Founded in 2015, B Capital leverages an integrated team across nine locations in the US and Asia, as well as a strategic partnership with BCG, to provide the value-added support entrepreneurs need to scale fast and efficiently, expand into new markets and build exceptional companies. Select investments include Perplexity (AI-powered search and answer engine), Precision Neuroscience (minimally invasive brain-computer interface technology), Axiom (AI-powered math reasoning platform) and Fervo Energy (next-generation geothermal power). For more information, click here.
Contacts
Kate Thompson / Madeline Jones / Kate Kelley
Joele Frank, Wilkinson Brimmer Katcher
Bcapital-JF@joelefrank.com
212-355-4449
