UC Berkeley-related artificial intelligence companies could receive up to $120,000 under the university's partnership with incubator the House and Google.

University of California, Berkeley (UC Berkeley) has launched an accelerator and innovation hub that will invest as much as $120,000 in university-related artificial intelligence (AI) businesses.

The initiative, AI@The House, will be run in partnership with UC Berkeley-focused startup institute the House and Gradient Ventures, the AI technology-focused corporate venturing arm of internet technology company Google.

The program is open to applications from companies with at least one UC Berkeley affiliated co-founder. 

Participants in the AI program will have access…