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Google sets up $25 million fund for AI research to address socio-economic problems

Google sets up $25 million fund for AI research to address socio-economic problems

Google is creating a $25 million fund for AI (artificial intelligence) research all over the globe to find solutions to socio-economic problems, The Mercury News reported.

With the $25 million fund, which is titled ‘Google AI Impact Challenge’, the company will select organizations and will dole out the fund earmarked for the AI research as well as provide them assistance from Google’s computing resources and AI experts, said Google.org President Jacquelline Fuller.

Google.org is the charity arm of the search engine behemoth.

Grants for the fund are expected to range between nearly $500,000 and $2 million, Fuller informed adding that artificial intelligence can assist in revisiting the problems that were previously viewed as unsolvable.

She further stated that the Google.org team is positive about the impact of artificial intelligence on research and engineering efforts to tackle the major environmental humanitarian and socio-economic problems.

The technology company is inviting applications from nonprofits, research institutions, and social enterprises, although for-profit companies can apply, however, only for projects with CSR purposes.

The fund was announced on Oct. 29 at a Google event that also unveiled present AI projects, including one that examines recorded whale songs to foretell the animals’ movement that could assist in the reduction between boats and whales, stated Google VP and Engineering Fellow Jay Yagnik adding that the company aims to go one level deeper in the future by identifying breeding spots, migration paths, changes in relative abundance or even changes of song over the years.

He stated that if the team is successful, they will be able to provide biologists with the information they require to protect whales as well as other kinds of marine life. He also cited the example of Ubenwa, a Canadian machine learning-based company, which has developed an artificial intelligence-based smartphone app to enable doctors in remote areas to analyze the sound of a newborn baby and determine whether the infant may be at risk of birth asphyxia.

The app is a great example of applying novel technology to a device people already have so as to save lives at a large scale, Yagnik stated.