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The yet-to-be-named company aims to use AI to tackle “significant business problems,” as stated by former Salesforce co-CEO Bret Taylor in a LinkedIn post. Clay Bavor, who previously worked with Taylor at Google’s parent company Alphabet, confirmed in a separate post that the venture will launch in March after he leaves Google.

Further details about the company’s goals will be announced later.

Taylor has a successful track record in startups, having founded several companies later acquired by Salesforce and Facebook (Meta). He has also served as the chairman of the board at Twitter, where he played an instrumental role in its acquisition by Elon Musk.

Bavor has spent most of his career at Google

Bavor joined the company in 2005 and held several management positions, including leading Gmail and Google Drive and heading up the company’s virtual reality unit. During his time at Google, the company released several pieces of VR software and hardware, but they have yet to gain widespread adoption.

In 2021, Bavor was appointed to lead a new business unit within Google called Labs, which serves as an umbrella organization for the company’s research projects, including VR, blockchain, and AI. It also houses Google’s startup incubator, Area 120. However, the unit was recently affected by job cuts by Alphabet.

Bavor will not be replaced as head of Labs

Emerging technology projects within the organization will now fall under the supervision of Google’s Tech & Society unit, led by James Manyika. Meanwhile, augmented reality projects will now be overseen by Rick Osterioh and Hiroshi Lockheimer, Google executives.

In conclusion, Taylor and Bavor’s new AI startup is poised to bring their expertise and experience to solve some of the most challenging business problems with AI. With the launch set for March, we can expect to hear more about their ambitious plans soon.