Google is launching a new initiative to return the newly established AI businesses

On Monday, Google announced the launch of the Futures AI Fund, a new initiative seeking to invest in newly established companies that make the latest AI tools from Google Deepmind, AI R&D Lab.

The Fund will support newly established businesses from Seed to the last stage and provide different support degrees, including allowing the founders to have timely access to Google AI models from Deepmind, the ability to work with Google experts from Deepmind and Google Labs and Google Cloud credits. Some startups will also have the opportunity to receive immediate investment from Google.

“The Futures AI Fund does not follow a lot or coach model,” a Google spokesman told TechCrunch. “Instead, we consider opportunities on a rolling basis-there is no specified window or deadline. When we find companies that are lined with the fund’s dissertation, we can choose to invest.

Futures Fund AI already has some cases of cases. The newly established companies such as the Memorandum Platform and the WebToon Toonsutra application participated in the program.

The newly established businesses can Apply here From May 12th.

Google has made great commitments in recent months to support the next generation of AI talents and scientific discoveries.

Last November, Google.orgThe company’s charity wing announced a cash commitment of $ 20 million for researchers and scientists working on AI. Prior to that, in September, Google Sundar Pichai’s chief executive announced that the company has set up a $ 120 million AI Opportunity Fund to help AI training and training in more places worldwide. Google.org also launched a $ 20 million AI genetic accelerator program to reduce controls on non -profit organizations developing AI Tech.

Google also features Google for Funders Funds Funds, which support founders from a range of backgrounds and built -in companies, including AI companies. A spokesman told TechCrunch in February that this year, the Fund will begin investing in new US -focused operations in the US, with more information coming later.