Perplexity, an AI research tool, recently highlighted Google’s early investment in Ripple during the company’s early stages of development. This information was brought to light by Ashley Prosper, a member of the XRP community who sought out Perplexity to inquire about potential collaborations between Ripple and major American tech and financial companies such as Amazon and Google.
In particular, Prosper first asked Perplexity about any potential partnership between Ripple and Amazon after news surfaced that Jeff Bezos, the CEO of Amazon, had invested in the AI research platform through his investment firm Bezos Expeditions. Perplexity suggested that a partnership between Ripple and Amazon could involve Amazon utilizing Ripple’s technology to enhance its payment systems, streamline supply chain management, and expand globally.
However, despite the promising possibilities, there is currently no official partnership between Ripple and Amazon, and there are no indications of one in the near future. In fact, previous reports that suggested a partnership between Amazon and Ripple were based on misinformation gathered from an Amazon AWS Partner Profile page that discussed Ripple’s use of Amazon’s AWS.
In a more recent inquiry, Prosper asked Perplexity about Google’s investment in Ripple, to which Perplexity confirmed that Google had indeed invested in the payments company during its early years. This investment was followed by additional funding from global banking giants, totaling $93 million by September 2016.
Despite these early investments, there have been no significant developments between Google and Ripple or the XRPL in recent years, despite ongoing speculations. While there were rumors suggesting that Google was operating an XRPL node, these claims were quickly debunked by The Crypto Basic.
The most notable recent development involving Google and the XRPL ecosystem was Google Cloud’s involvement in the Flare Network as an infrastructure provider and contributor to the FTSO. It is important to note that the information provided in this article is for informational purposes only and should not be considered financial advice. Readers are encouraged to conduct their own research before making any investment decisions.
