US EditionGoogle, Accel Partner to Back Indian AI Startups
The Google AI Futures Fund and Accel's Atoms program will invest up to $2 million per startup to support early-stage Indian AI founders targeting domestic and global markets.
- On Tuesday, Google and Accel announced a partnership to co-invest up to $2 million in each startup, with both contributing up to $1 million through the Google AI Futures Fund and Atoms program.
- The push follows Google's AI Futures Fund launched earlier this year and its $15 billion data centre plan as India's large internet base and engineering talent attract investment.
- Program benefits include up to $350,000 in compute credits across Google Cloud, Gemini, and DeepMind, plus mentorship and immersion, while Atoms has backed over 40 companies raising $300 million and AI Futures Fund has funded over 30 startups.
- Google said it will be a material presence on startups' cap tables while both partners emphasized the program is not a cloud-sales or acquisition pipeline.
- A cohort next year will target founders in India and the Indian diaspora, with the program expanded this year to include Indian-origin founders based overseas and focus on large language models advancing over 12–24 months.
18 Articles
18 Articles
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Alphabet’s Google and venture capital firm Accel will partner to fund at least 10 early-stage Indian AI startups, marking the US technology giant’s first such funding partnership, top executives at the companies said on Thursday. The move comes as several US tech firms like Microsoft, Amazon and OpenAI make a beeline for the world’s most populous nation, seen as a critical growth market where nearly a billion users access the internet. Under the…
Google, Accel partner to back Indian AI startups
BENGALURU :Alphabet's Google and venture capital firm Accel will partner to fund at least 10 early-stage Indian AI startups, marking the U.S. technology giant's first such funding partnership, top executives at the companies said on Thursday.The move comes as several U.S. tech firms like Microsoft, Amazon and
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The rise of global artificial intelligence is taking a strategic turn in South Asia. An unprecedented partnership between Google and Accel's investment fund aims to accelerate the emergence of AI-specialized start-ups on Indian territory. The initiative is part of a context where the country is home to a large connected population, a pool of qualified engineers, and a strong ... Read more Google's article explores new AI nuggets in India has app…
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