Google has reportedly launched a new AI-focused venture capital program


Google has launched a new venture capital program focused on artificial intelligence, Axios is reporting.

Google declined to comment on the report, which states that the initiative will be led by longtime Google VP of engineering Anna Patterson and involve a rotating cast of engineers instead of the venture investors who work for Alphabet Inc.’s corporate venture unit, GV.

It isn’t completely surprising that Google might create an investing practice around AI, particularly given Google CEO Sundar Pichai’s recent pronouncement that Google is becoming “AI first” rather than “mobile first.”

Indeed, AI was the running thread throughout the recent Google I/O developers conference, where the company introduced new tensor processing unit (TPU) chips that promise to more…

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