Alphabet CEO Sundar Pichai says 'AI shift' makes this a great time to invest in new start-ups

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• Google wants to "deploy capital in a good way" among early AI startups
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• The company invests in third parties when internal opportunities aren't mature enough

The CEO of Alphabet (parent company to Google) has declared now may be a great time to invest in new start-ups, as AI spurs innovation across the board.

"I think now with the AI shift, there are more opportunities on which we can deploy capital in a good way," Sundar Pichai said in a conversation with Stripe co-founder John Collison.

Pichai noted Google is now increasing its investments in AI startups, including placing major bets on firms like Anthropic, in a new trend of ...