Google launches new initiative to back startups building AI

INSUBCONTINENT EXCLUSIVE:
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
degrees of support, including allowing founders to have early access to Google AI models from DeepMind, the ability to work with Google
experts from DeepMind and Google Labs, and Google Cloud credits
scientists working in AI
Before that, in September, Google CEO Sundar Pichai announced the company was creating a $120 million Global AI Opportunity fund to help
bring AI education and training to more places around the world
Google.org also launched a $20 million generative AI accelerator program to cut checks to nonprofits developing AI tech.Google also has its
Google for Startups Founders Funds, which supports founders from an array of industries and backgrounds building companies, including AI
companies
A spokesperson told A Technology NewsRoom in February that this year, the fund would start investing in AI-focused startups in the U.S.,
with more information to come at a later date.