Google may invest in some of the projects that are born out of Area 120.
AB Wire
Google CEO Sundar Pichai has announced the company’s plan to start up incubator within premises.
The incubator, named ‘Area 120’ is a new approach and part of a bid to stop Google employees from leaving the company and begin their own ventures.
“We’ve always had a strong interest from within Google for people to go work on new things and have developed many of our products internally that way,” Sundar Pichai told to Forbs.
“Google has allowed its engineer and other employees to spend a day in a week or 20 per cent time on side projects” the report says.
Recently, technology blog The Information reported that the incubator will be supervised by Google executives Bradley Horowitz and Don Harrison.
Reports say that Google may invest in some of the projects that are born out of Area 120 into independent companies.
Earlier, in companies annual developer conference ‘Google I/O’, Pichai unveiled ‘Google Assistant’, which will help the user with daily tasks, and ‘Google Home’, a voice activated product that bring Google Assistant to any room in users house.