Google Unveils an AI Investment Fund. It's Betting on an App Store for Algorithms.
Jun 30, 2017•4 min
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Episode description
Google just placed yet another bet on the idea that artificial intelligence will remake the world—and throw off wild profits. The company disclosed today that it has created a new venture fund dedicated to investing in AI and machine learning companies. The initiative's first public investment: lead investor in a $10.5 million funding round for Seattle startup Algorithmia, which has built a kind of app store for algorithms.
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