Google CEO Sundar Pichai Announces $175M Fund For African American Business Owners


Google and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) CEO Sundar Pichai sent a note to employees Wednesday, affirming the company’s commitment to racial equality and announcing measures to support African American employees.

What Happened

Addressing the violent and racist attacks against African Americans over the past several weeks, Pichai announced measures aimed at strengthening Google’s commitment to racial equality and inclusion, including improving “Black+” representation at senior levels to 30% by 2025.

The Alphabet CEO pledged an economic opportunity package over $175 million to support African American business owners, startup founders, job seekers, and …

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