Founded within Alphabet's research and development division Google X, Chronicle was described as a 'digital immune system' for customers by Google X's chief Astro Teller.
Google X is yet to reveal more, however Gillett said that early alpha versions of the product have been tested at a number of Fortune 500 companies.
Chronicle is the third company that has been developed by Google X, joining self-driving vehicle firm Waymo and life sciences company Verily.
An MoU over this was signed between Government of Andhra Pradesh and Google X in San Francisco.
Andhra Pradesh IT Minister Nara Lokesh and Google X CEO Astro Teller were present during the signing of the MoU.
At Google X
, meanwhile, the project's leader (http://www.
Google created the perfect incubator space with Google X and now it's ready for this new self-driving world.
But those building blocks are only effective if a long term goal is in place and structured innovation, like that at Google X, Apple or Tesla, is driving it.
SAN FRANCISCO -- Google's research arm, Google X, is called the company's Moonshot Factory.
Google X focuses on technologies that are likely to be five to 10 years away from being commercialized.