Gradient Ventures, the artificial intelligence (AI) technology-focused corporate venturing arm of internet technology company Google, has backed an AI accelerator and innovation hub called AI@The House.
AI@The House, will be run in partnership with UC Berkeley-focused startup institute the House and University of California, Berkeley (UC Berkeley). It will invest as much as $120,000 in university-related AI technology developers.
The program is open to applications from companies with at least one UC Berkeley affiliated co-founder.
Participants in the AI program will have access to expertise in thought leadership, engineering support and co-hosting events as well as potential follow-on investment from the House Fund.
The House Fund, a $6m sector-agnostic vehicle, launched in 2016 with the support of UC Ventures, an investment vehicle of University of California. The House also operates an accelerator program dubbed House Residency.
– A version of this article first appeared on our sister site, Global Corporate Venturing.