The internet company has reportedly launched a new venture capital initiative focused on artificial intelligence, led by vice-president of engineering Anna Patterson.
Google, the internet subsidiary of diversified conglomerate Alphabet, has launched a venture capital program targeting the artificial intelligence (AI) sector, according to Axios.
The initiative would mark the first time that Google has established a vehicle aimed at one specific sector. Investment units GV and CapitalG – set up by Google but since restructured into Alphabet’s corporate venturing arms – instead focus on early-stage and growth-stage companies, respectively.
The AI program will be the direct responsibility of Google rather than…
