Google launches AI startup fund offering access to new models and tools [CNBC]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: CNBC
Eligible startups will get Google investment, early access to AI models, and hands-on support from Google employees. Amazon and Microsoft, OpenAI's principal investor, are backing generative AI startups with hefty investments. Sundar Pichai, C.E.O. of Google and Alphabet, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. will begin a new fund aimed at investing in startups, the company announced Monday. Through a fund it calls the “ ,” eligible startups will get investment, early access to AI models, and hands-on from Google researchers, engineers and go-to-market specialists, the company said in a blog post on Monday. It will also get credits to use on Google Cloud. “Select startups get the opportunity to seek direct investment from Google to fuel growth and scale AI development,” the blog post states. The fund comes as the company tries to get more exposure to the latest AI companies and trends. It a
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