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flag Alphabet’s X lab is launching independent startups with a $500M fund to boost innovation on bold tech projects.

flag Alphabet’s X lab is shifting from integrating moonshot projects within the parent company to spinning them off as independent firms, with a new $500 million fund, Series X Capital, supporting these ventures as minority investors. flag The move, led by Gideon Yu, aims to boost innovation by allowing projects like Taara, Heritable Agriculture, and Anori—focused on wireless communication, AI-driven crop development, and construction efficiency—to operate autonomously. flag X defines moonshots as bold solutions to major global problems using breakthrough tech, accepting a low success rate and high failure rate as part of the process. flag Employees gain equity in spinouts, encouraging risk-taking without personal financial risk.

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