💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Google launches startup investment fund to benefit Assistant

Published 05/02/2018, 12:41 PM
© Reuters.  Google launches startup investment fund to benefit Assistant
GOOGL
-
AMZN
-
GOOG
-
  • Google (GOOG -0.3%) (GOOGL -0.5%) announces an investment program to bolster its Assistant in a project similar to Amazon’s Alexa Fund.
  • The fund will focus on early-stage startups developing tech that can benefit Assistant but exclusivity doesn’t appear a requirement. The size of the fund wasn’t disclosed.
  • Google revealed the initial companies receiving undisclosed investments: GoMoment (makes digital concierge Ivy), Edwin (tutorial program for English as a second language), BotSociety (voice interface testing tool for developers), and Pulse Labs (voice app testing tool for app designers).
  • Previously: Amazon (NASDAQ:AMZN) launches $100M voice tech fund, opens up Alexa (June 25, 2015)
  • Now read: Alphabet: Buy On Weakness


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.