Google CEO: With AI shift, there are more opportunities of investing in startups

Google-parent Alphabet is increasing its direct investments in AI startups, following successful ventures like SpaceX and Anthropic. CEO Sundar Pichai highlighted the AI shift as an opportunity to deploy capital effectively, aiming for strong returns and a 'good steward of capital' approach. This strategy involves large, direct checks beyond traditional venture arms.

By TOI TECH DESK