Google Launches $750M AI Fund and New TPUs at Cloud Next

At Google Cloud Next 2026 in Las Vegas, Google announced a $750 million fund to support partners in developing and deploying AI agents for enterprise use, alongside the unveiling of its eighth-generation Tensor Processing Units designed to accelerate AI model training and inference.

The conference, held this week, highlighted Google's strategy to bolster its cloud platform amid growing demand for AI infrastructure. The new fund targets a range of partners, including startups and consulting firms such as Accenture, Deloitte, and McKinsey. It provides resources for Gemini proof-of-concept projects, forward-deployed engineering support, cloud credits, and deployment rebates. According to Kevin Ichhpurani, president of Google Cloud's global partner ecosystem, the initiative aims to lower barriers for enterprises adopting AI agents. "With this expanded funding, we will be able to dedicate new resources and technology to support our partners as they accelerate our mutual customers' agentic AI journeys," Ichhpurani said.

Google showcased several startups expanding their use of its cloud services. Lovable, a coding platform on track for $400 million in annual recurring revenue, is...