On the heels of acquiring knowledge science neighborhood Kaggle, Google is launching a machine studying competition of its own for startups. Google is focused on early-stage firms taking an revolutionary strategy to desktop studying.
The competition is being run in partnership with seven challenge capital firms that embrace Sequoia, KPCB, GV, data Collective, Emergence Capital, Andreessen Horowitz and Greylock. Two of the companies, knowledge Collective and Emergence Capital, plan to make a contribution $ 500,000 every to the profitable startup.
To qualify for that prize, startups is probably not required to use Google services and products. alternatively, there are other prizes on hand for firms the use of Google Cloud and TensorFlow. The winner of the “build with Google” prize will receive $ 1 million in GCP credits, a possibility to interact with engineers at Google Cloud and 10 G-Suite seats for three hundred and sixty five days. The runner-up will receive half the GCP credits with similar accompaniments. All other finalists will get $ 200,000 GCP credit and the same G Suite license deal.
Startups might be judged on the individuality of their underlying desktop finding out implementation. conventional challenge standards like the flexibility to scale, the existence of product market fit and the skill set and preparedness of teams will even be in play.
Google is focused on firms throughout all verticals, together with healthcare, vitality and retail. whereas Google is just not new to competitions, advertising this one to the info science and laptop finding out group aligns well with its acquisition of Kaggle earlier this week. previous to the announcement, Kaggle CEO Anthony Goldbloom defined that the acquisition will benefit its neighborhood with improved get admission to to Google Cloud.
to be able to observe, startups must have raised lower than $ 5 million and be incorporated in the U.S.. the applying is live nowadays and can remain open unless April 16th. Finalists can be picked in June with the ultimate pitch-off taking place later in the summertime.
undertaking – TechCrunch