Google launches new initiative to back startups building AI | TechCrunch
Briefly

Google has introduced its AI Futures Fund, aimed at investing in startups leveraging its AI tools from DeepMind. The initiative supports companies at various stages, providing access to AI models, expert collaboration, and Google Cloud credits. Startups like Viggle and Toonsutra have already engaged with the program. This fund complements Google's broader commitment to advancing AI through initiatives like a $20 million donation to researchers and a $120 million education fund, reflecting its dedication to fostering AI innovation and talent globally.
On Monday, Google announced the launch of its AI Futures Fund, a new initiative that seeks to invest in startups that are building with the latest AI tools from Google DeepMind.
The fund will back startups from seed to late stage and will offer varying degrees of support, including allowing founders to have early access to Google AI models from DeepMind.
Some startups will also have the opportunity to receive direct investment from Google, enhancing their growth potential alongside access to cutting-edge technologies.
Google has been making big commitments over the past few months to support the next generation of AI talent and scientific breakthroughs.
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