MOUNTAIN VIEW, Calif. — Google (GOOGL, Financial) is in the news for its newest cloud computing partnership with Sequoia Capital, granting Sequoia-backed AI startups access to up to $500,000 in cloud computing credits and training services. The agreement, reported Wednesday, Oct. 9, by Axios, adds another prominent partner to Google's growing roster of artificial intelligence (AI) companies.
The partnership builds on Google Cloud's current offer of roughly $350,000 in cloud credits to AI startups, including those backed by Y Combinator. Additionally, these startups also benefit from Google's cluster of Nvidia GPUs (NVDA, Financial) and its proprietary tensor processing units. These tools have emerged as some of the top AI resources to date.
Venture capital firms like Sequoia have been aggressively investing in AI, potentially becoming bellwethers in the niche. Moreover, Sequoia is known for its stakes in some of the largest tech giants, including the likes of Google, Nvidia, Apple (AAPL, Financial), and Cisco (CSCO, Financial) .
Furthermore, the cloud partnership underscores the growing demand for potent computing resources in AI, with companies racing to develop cutting-edge technologies requiring massive computational power. Google's latest collaboration is another feather in the cap for The Big G as it looks to spread its tentacles in the fast-evolving AI landscape.
