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Wednesday, November 29, 2023

Google launches AI fund in Italy: 3 million euros made available

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It will be made available to non-profit organizations, academic and research institutions, community entities and social enterprises “to develop solutions with a positive impact on the ecosystem”, as explained by Melissa Ferretti Peretti, VP and Country Manager of Mountain View in our country

Google launches the Social Innovation Fund on Artificial Intelligence in Italy with funding of 3 million euros. This fund will be made available to non-profit organizations, academic and research institutions, civil society organizations and social enterprises to develop solutions with a positive impact on the ecosystem. “In the last decade, artificial intelligence has opened up new opportunities. We are approaching this transformation in a responsible and collaborative way and we are excited to be able to contribute to making AI a great growth opportunity for Italy,” explains Melissa Ferretti Peretti. , Vice President and Country Manager of Google in Italy.

The fund will also provide technical support, mentorship and training

The announcement of the Google.org fund for artificial intelligence in Italy took place at an event in Rome, where the Mountain View giant recalled the now daily use of this technology and its developments, which had already been glimpsed at the developer conference from May. The Italian fund – part of an initiative already started in Europe – “aims to make the benefits of AI available to everyone, encouraging solutions that will be made available free of charge and in open source mode. More than 3 million euros, the fund will also provide technical support, mentorship and training for developing AI solutions responsibly,” Ferretti emphasized.Google.org has already donated more than $100 million to nonprofits and social enterprises worldwide who use AI to drive social impact.

“Today we are at a turning point for artificial intelligence”

The Vice President of Google Italy explained that “we are currently at an exciting turning point for artificial intelligence and we have the opportunity to make it even more useful for people, businesses and communities. Only by developing this technology responsibly manner, we may obtain benefits for the good of all”. Then Ferretti concluded: “This can only be done through collaboration with governments, universities, civil society and other organizations, to ensure that the vision and rules for the development of artificial intelligence are shared and effective”. At the event, Google recalled the various applications of artificial intelligence, from fighting climate change to protecting cultural heritage, from health to developing accessibility tools, from translation to the immersive vision of maps, from open technologies for research and development to business opportunities through the Google cloud.

Source: TG 24 Sky

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