May 12, 2025:
Google Unveils AI Futures Fund for Startups - Google has launched the AI Futures Fund to invest in startups using AI tools from DeepMind. Benefits include early access to AI models, expert collaboration, and Google Cloud credits. The fund does not follow a batch model; it evaluates investments on a rolling basis. Startups like Viggle and Toonsutra are already involved.
This initiative is part of Google's broader effort to promote AI innovation. It complements existing projects such as a $120 million Global AI Opportunity fund and a $20 million generative AI accelerator for nonprofits. Applications open May 12.