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Google CEO Sundar Pichai announced a $120M Global AI Opportunity Fund at the UN’s Summit of the Future.
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The fund aims to expand AI education and training globally, focusing on local languages and partnerships with nonprofits.
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The initiative seeks to make AI more accessible and drive economic growth, while emphasizing responsible AI development.
Google has launched a $120 million Global AI Opportunity Fund to promote AI education and training worldwide. Announcing the initiative at the UN’s Summit of the Future, CEO Sundar Pichai shared his personal experience of growing up in India, where technology transformed his life. Pichai emphasized the need to make AI accessible to everyone, regardless of language or location.
The Global AI Opportunity Fund will focus on providing AI education in local languages, partnering with nonprofits and NGOs. Google aims to reach underserved communities and ensure that more people can benefit from AI advancements. The company has already made significant strides in AI, with services like Google Translate supporting 246 languages.
Pichai highlighted AI’s potential to drive economic growth, citing studies that suggest a 1.4% increase in global labor productivity and a 7% boost in GDP over the next decade. AI is already making a difference in emerging markets, optimizing operations and logistics.
Google remains committed to responsible AI development, guided by its AI Principles published in 2018. The company collaborates with international bodies like the UN, OECD, and G7 to ensure AI is developed and deployed ethically. With the Global AI Opportunity Fund, Google aims to democratize access to AI, benefiting communities worldwide.
