Google’s artificial intelligence startup is launching an AI company called Novation that will help it tackle the most complex problems in real estate.
The launch of the startup, called Nix, comes as the tech company has seen its stock price drop in recent weeks.
In a statement, Google said that Nix will be building a platform to help developers develop smarter algorithms for finding real estate data and helping developers manage data.
“Our goal is to empower developers to solve complex real estate issues in the cloud, helping them to do more with less,” the statement read.
Google said that developers will use the Nix platform to develop smarter apps to automate tasks like data mining and analytics, and will be able to share their findings with other developers.
According to Google, Nix is expected to launch in the second half of 2020.
Nix is the latest in a line of companies that have been building artificial intelligence software to help real estate companies.
A handful of such companies have been acquired by Google.
Earlier this year, Google acquired artificial intelligence company Fluxx, and earlier this month, a group of other companies bought DeepMind, the AI company behind AlphaGo, the world’s strongest human-level computer.