Aug 7 Alphabet (NASDAQ:GOOGL) just dropped a billion-dollar bombshell on the AI education front. The Google parent plans to invest $1 billion over three years to supercharge artificial intelligence training across U.S. universities and nonprofits.
More than 100 major institutions, including Texas A&M and the University of North Carolina, have already signed on. The initiative offers schools cash grants, AI research support, and free access to Gemini, Google’s flagship chatbot platform.
Students will also get hands-on training with Google Cloud tools, all part of Alphabet’s master plan to embed its tech deep within future workforces.
But this isn’t just about good PR, it’s strategic. By giving away tools now, Alphabet builds long-term loyalty while rivals like Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN) roll out their own AI learning pushes. Microsoft recently pledged $4 billion to boost AI in classrooms.
With GOOGL stock up 4% YTD, Wall Street sees this move as a dual play: future-proof talent and future-proof revenue.
This article first appeared on GuruFocus.
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