Google funds AI-driven scientific breakthroughs

Google DeepMind CEO Demis Hassabis unveiled a funding initiative to empower researchers leveraging AI for rare disease research, sustainability, and other scientific challenges.

Google Deepmind, Science, AI, Investments

Google has announced a $20 million fund, with an additional $2 million in cloud credits, to support researchers using AI to tackle complex scientific challenges. The initiative, unveiled by Google DeepMind CEO Demis Hassabis at the AI for Science Forum in London, is part of Google’s broader strategy to foster innovation and collaboration with academic and non-profit organisations globally.

The funding will prioritise interdisciplinary projects addressing challenges in fields such as rare disease research, experimental biology, sustainability, and materials science. Google plans to distribute the funding to approximately 15 organisations by 2026, ensuring each grant is substantial enough to drive impactful breakthroughs. The programme reflects Google’s aim to position itself as a key partner in advancing science through AI, building on successes like AlphaFold, which recently earned DeepMind leaders a Nobel Prize in Chemistry.

The move aligns with a growing trend among Big Tech firms investing heavily in AI-driven research. Amazon’s AWS recently committed $110 million to similar grants, underscoring the race to attract leading scientists and researchers into their ecosystems. Hassabis expressed hope that the initiative would inspire greater collaboration between the private and public sectors and further demonstrate AI’s transformative potential in science.