"Kevin Ichhpurani, president of Google Cloud's global partner ecosystem, stated that 'agentic AI will create a roughly $1 trillion global market' and emphasized Google's intention to capture a disproportionate share of it by making its partners the primary delivery channel."
"The fund is not a venture capital vehicle but a mix of credits, co-investment capital, training subsidies, and go-to-market funding designed to get the world's largest consulting firms building agents on Google's platform rather than on Microsoft Azure or AWS."
Google announced a $750 million fund to accelerate the development of agentic AI applications among partners, the largest investment from any hyperscaler. This fund aims to finance consulting firms that influence enterprise platform adoption. Major firms like Accenture, Deloitte, KPMG, PwC, and NTT DATA are involved, with significant financial commitments. The fund is structured as credits, co-investment capital, and training subsidies, targeting a $1 trillion market. Google aims to leverage its partners as primary delivery channels to capture a larger share of the AI market.
Read at TNW | Google
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