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Google-backed fund selects 4 Indian firms for AI-driven climate solutions | India News

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Google-backed fund selects 4 Indian firms for AI-driven climate solutions | India News


Generative artificial intelligence (GenAI) has taken every possible business, industry and government department by storm. India’s defence sector is not far behind. The rise of large language models (LLM), which are used to power GenAI products, has

This initiative follows Google.org’s previous $ 3 million grant to APAC Sustainability Seed Fund 1.0. | Representative Picture


Four India-based organisations have been selected among 14 recipients across the Asia Pacific region for grants under the APAC Sustainability Seed Fund 2.0, supported by a $ 5-million grant from Google.org, the tech giant’s philanthropic arm.


The fund, managed by Asian Venture Philanthropy Network (AVPN), aims to foster technology- and AI-driven solutions addressing critical environmental and social challenges.


The Indian recipients include INREM Foundation, CEPT Research and Development Foundation (CRDF), Institute for Financial Management and Research (WELL Labs), and Gujarat Mahila Housing Sewa Trust (MHT), Google.org said in a statement.


INREM Foundation will develop AI-enabled open digital solutions for community access to water contamination data. CRDF plans to use machine learning and satellite imagery to protect lakes and their carbon sink function. WELL Labs will develop advanced models for village-level water security insights, while MHT will create an AI-powered model to identify urban heat islands and suggest community-centric solutions, the statement added.


This initiative follows Google.org’s previous $ 3 million grant to APAC Sustainability Seed Fund 1.0, which supported projects saving over 13 million tonnes of water and mitigating 3,700 tonnes of carbon emissions in India’s agriculture sector.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Aug 31 2024 | 5:29 PM IST

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