The Google headquarters in Mountain View, California. Photographer: Benjamin Fanjoy/Bloomberg
Alphabet Inc.'s Google Cloud is launching a $750 million fund to help consulting firms including McKinsey & Co., Accenture Plc and Deloitte bring agentic artificial intelligence to their clients.
Google's AI lab DeepMind will give early access to Gemini models to select firms, which will use the AI tools and provide feedback ahead of launch, according to an emailed statement. Google engineers will also work alongside consulting firms to help solve client issues.
The capital will be deployed over the next 12 months and used to help consultancies train engineers, develop AI agents through Gemini's enterprise platform, as well as co-fund projects and pre-sale activities. It will also go toward usage incentives, according to Kevin Ichhpurani, head of Google Cloud's Global Partner Ecosystem. Software companies will also be eligible for support through the fund.
"The reason we are partnering with the top advisory consultancy firms in the world is because they are in the middle of some of the largest transformations with customers," Ichhpurani said in an interview. "They understand, they bring the unique domain expertise of industry and business process expertise."
Alphabet is one of many large tech companies that have struck partnerships with consulting firms as part of an effort to push companies to adopt AI. Its rivals, including Anthropic and OpenAI, have announced similar deals. Private equity firm Thoma Bravo struck a partnership with Google Cloud in April to help its portfolio companies accelerate their AI adoption.
As part of the agreement, McKinsey is forming a unit designed to "deliver enterprise AI transformation and make sure our clients and Google clients reap the economic benefits," senior partner Philipp Nattermann said in an interview.
McKinsey and Google will co-fund projects for clients delivered on an outcome-basis, meaning the "client pays for the work based on the benefit of the work," Nattermann said.
For Accenture, the initiative is designed to help clients adopt AI at scale.
"AI is easy to try, but it is hard to scale," Accenture Chief Strategy and Services Officer Manish Sharma said in an interview. "We are helping the client to move from AI pilots to repeatable, scaled, agentic deployment."
SOURCE: @ 2026 Bloomberg L.P.
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