Google announces $27 Million funding to boost AI training for people in Europe

As an integral part of its Artificial Intelligence Opportunity Initiative for Europe, the business declared the investment. Ten million euros will be Google’s first investment in training employees to stay competitive.

Google has announced a significant investment in Europe’s future with a €25 million ($26.98 million) fund dedicated to Artificial Intelligence (AI) training initiatives. This initiative, titled the AI Opportunity Initiative for Europe, aims to equip individuals across the continent with the skills they need to thrive in the rapidly evolving AI landscape.

Focus on Vulnerable Populations

Recognizing the potential for AI to exacerbate existing inequalities, Google is prioritizing vulnerable and underserved communities. €10 million of the total funding will be directed towards these groups, ensuring they are not left behind in the AI revolution.

Collaboration for Impact

To maximize the reach and effectiveness of this program, Google is partnering with the Centre for Public Impact, a non-profit organization backed by the Boston Consulting Group. This collaboration will enable Google to identify social enterprises and organizations best positioned to deliver impactful AI training programs.

Building a More Equitable Future

Matt Brittin, President of Google Europe, Middle East, and Africa, emphasizes Google’s commitment to inclusive AI development. He highlights the importance of ensuring AI benefits everyone, not just a select few. This initiative reflects Google’s dedication to fostering a more equitable and prosperous future through responsible AI implementation.

Investing in the Future

By empowering individuals with the necessary AI skills, Google aims to bridge the digital divide and create a more inclusive workforce. This initiative not only benefits individuals but also strengthens Europe’s overall economic competitiveness in the global AI landscape.

Beyond Europe

The announcement also mentions Google launching a new series of growth academies for startups in the MENA region, showcasing their commitment to fostering innovation and AI development across a broader geographical area.

Overall, Google’s €25 million investment in AI training for Europe represents a significant step towards building a more skilled, adaptable, and inclusive workforce prepared for the future of AI.