On the heels of acquiring data science community Kaggle, Google is launching a machine learning competition of its own for startups. Google is targeting early stage companies companies taking an innovative approach to machine learning.
The competition is being run in partnership with seven venture capital firms that include Sequoia, KPCB, GV, Data Collective, Emergence Capital, Andreessen Horowitz and Greylock. Two of the firms, Data Collective and Emergence Capital plan to contribute $500,000 each to the winning startup
To qualify for that prize, startups will not be required to use Google Cloud or TensorFlow. However, there are other prizes available for companies using Google Cloud and TensorFlow. The winner of the “Build with Google” prize will receive $1 million in GCP credits, an opportunity to engage with engineers at Google Cloud and G-Suite Seats.
Startups will be judged on the uniqueness of their underlying machine learning implementation. Traditional venture criteria like ability to scale, product market fit and the team’s ability to execute will also be in play.
Google is targeting companies across all verticals including healthcare, energy and retail. While Google is not new to competitions, marketing this one to the data science and machine learning community aligns well with its acquisition of Kaggle earlier this week. Prior to the announcement, Kaggle CEO Anthony Goldbloom explained that the acquisition will benefit its community with improved access to the Google Cloud.
In order to apply, startups have to have raised less than $5 million and be incorporated in the United States. The application is live today and will remain open until April 16th.