Google is committing $20 million in cash and $2 million in cloud credits to support scientists and researchers using artificial intelligence (AI) to tackle some of the world’s toughest problems.
The new funding initiative, announced by Google DeepMind CEO Demis Hassabis, aims to fuel breakthroughs in fields like rare disease research, experimental biology, and sustainability.
The initiative is part of Google’s broader strategy to encourage collaboration between public and private sectors. Unlike other funding programs that involve equity or investments, this one focuses on non-equity support for academic and non-profit institutions globally.
The goal is to fund significant projects that can push the boundaries of science using AI. The funding will be distributed to around 15 organizations by 2026, with a focus on research that uses AI to solve complex, interdisciplinary challenges.
Google plans to provide enough support to ensure that the funding leads to meaningful scientific discoveries. This initiative follows the momentum of DeepMind’s recent achievements, including co-founder Demis Hassabis being awarded a knighthood in March and the team winning half of the Nobel Prize in Chemistry for their work on AlphaFold.
That breakthrough accelerated progress in drug discovery, disease diagnosis, and bioengineering.
Hassabis believes that AI has the power to drive some of the greatest scientific advances of our time. With this new fund, Google aims to inspire excitement for AI in science and encourage other organizations to invest in these important areas of research.
Hassabis:
“I believe AI will help scientists achieve groundbreaking breakthroughs. Our $20M fund aims to foster public-private collaboration, spark excitement for AI in science, and inspire others to support this vital work.”
By supporting these ambitious projects, Google is positioning itself as a key player in advancing science through AI.
