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Google launches VC firm that will back AI startups

Google dives into funding AI, will also offer 'technical mentorship' to AI startups
By: Anthony Garreffa | Science, Space & Robotics News | Posted: 1 week, 4 days ago

Google is pushing more and more into the world of artificial intelligence, announcing a new venture capital firm, Gradient Ventures, that will provide funds and "technical mentorship" to AI startups.

 

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AI startups will be able to talk directly with technical experts at Google, something that includes the minds of Ray Kurzweil, Matias Duarte, and X lab boss Astro Teller. Gradient Ventures is already home to four teams, with Algorithmia a community creating a marketplace for AI-based algorithms and models.

 

Aurima is making an alternative sensing approach and AI modeling, while Cape is virtualizing drone hardware that lets people fly drones remotely. Lastly, there's Cogniac that is writing software that helps people build convolutional neural networks.

NEWS SOURCES:Engadget.com

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