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Google.org is investing $20 million in cash and $2 million in cloud credits to support researchers leveraging AI for scientific advancements. This initiative, announced by Google DeepMind's CEO Demis Hassabis, aims to foster collaboration between private and public sectors in addressing complex scientific challenges. The funding will focus on academic and non-profit institutions globally, marking a shift from traditional equity-based funding models.
The initiative aligns with a broader trend among tech giants to attract innovative minds in AI research. Google’s funding will specifically target projects in fields like rare disease research and sustainability, with plans to support around 15 organizations by 2026. This move not only enhances Google's reputation in the scientific community but also positions the company to benefit from future technological advancements.
• Google.org allocates $20 million for AI research funding.
• Funding targets complex scientific problems across various disciplines.
Artificial Intelligence refers to the simulation of human intelligence in machines, enabling them to perform tasks that typically require human cognition.
Cloud credits are financial incentives provided by cloud service providers to support the use of their computing resources for various projects.
Generative AI involves algorithms that can create new content, such as images or text, based on learned patterns from existing data.
Google is a leading technology company known for its advancements in AI and cloud computing, actively funding research initiatives to drive scientific breakthroughs.
Amazon, through its AWS division, is heavily invested in AI research and development, recently announcing significant funding to attract AI researchers.
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