Alphabet's (GOOG, GOOGL) Google said Monday it is launching a fund that will invest in and collaborate with startups.
The AI Futures Fund will provide selected startups early access to artificial intelligence models developed by Google's DeepMind, as well as resources, technical expertise and equity funding to accelerate their progress, Google said.
Among the startups selected in the program were Toonsutra, Viggle, and Rooms, Google said.
Price: 158.19, Change: +5.44, Percent Change: +3.56
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.