Granite Asia has partnered with Google to launch a $110 million artificial intelligence fund focused on Asian technology companies, with particular attention on businesses seen as potential initial public offering candidates. According to the report cited by Techub News, the fund will invest up to $2 million in each selected startup. In addition to direct capital, participating companies can receive as much as $350,000 in Google Cloud and Gemini credits. The initiative is aimed at backing startups across Asia through a mix of funding and cloud-based AI resources. The report cited by Techub attributes the information to Tech in Asia.
Granite Asia has teamed up with Google to launch a $110 million AI fund focused on Asian technology companies, especially those with the potential to pursue an initial public offering, according to Techub News, citing Tech in Asia.
The fund will invest up to $2 million in each selected startup. It will also provide up to $350,000 in Google Cloud and Gemini credits.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
