In 2020, Google started the Google Founders Funds for Startups, which provides Black and Latino entrepreneurs with equity-free cash prizes. In 2024, the 20 recipients of the funds will be connected with the latest artificial intelligence (AI) technology. This year’s winners are using AI to address real-world issues like wildfire prevention and reducing home energy costs. The founders will receive $150,000 in non-dilutive cash prizes and $100,000 in Google cloud credits, along with support from Google experts in AI and sales. Google created the Founders Fund to help level the playing field for minority entrepreneurs who struggle to access early capital. The aim is to empower startups to create innovative products and tackle complex challenges with AI technology. The winners of the Fund this year include companies like Akeptus, Beta Financial Services, and Bountiful, among others. To learn more about each startup and how to participate in Google for Startups programs, visit Google’s website.
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https://www.zdnet.com/article/google-is-backing-these-20-startups-to-help-improve-the-world-with-ai/
