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Update: Market Chatter: Alphabet's Google Launches $750 Million Fund to Hasten AI Adoption by Consulting Firms

-- (Updates to include details on Google Cloud's new tools to build AI agents in the third paragraph.)

Alphabet's (GOOG, GOOGL) Google Cloud is launching a $750 million fund to help consulting firms such as Accenture (ACN), McKinsey, and Deloitte to get clients to use agentic artificial intelligence software, Bloomberg reported Wednesday, citing an emailed statement and an interview with a company official.

Google's DeepMind lab will give the firms early access to Gemini models while engineers will help train consultancy firms, the report said.

In a separate Wednesday report, Bloomberg said Google Cloud has launched new tools to help companies build AI agents and monitor their performance. Google's Gemini Enterprise Agent Platform will include memory features, allowing agents to remember previous interactions with users, and a simulation feature for testing, the report said.

Google did not immediately reply to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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