Qualcomm commits up to $150 million for Strategic AI Venture Fund in India - OrissaPOST

Qualcomm Commits $150 Million AI Venture Fund for Indian Startups, CEO Cristiano Amon Announces at India AI Impact Summit ~ My Mobile India

Highlights Qualcomm CEO Cristiano Amon announced a $150 million AI-focused venture fund for Indian startups at the India AI Impact Summit in New Delhi. The fund will support startups in automotive, IoT, robotics, and mobile AI applications, reinforcing edge AI innovation. Qualcomm has invested in over 40 Indian startups since 2007 including Jio, MapMyIndia, and […] The post Qualcomm Commits $150 Million AI Venture Fund for Indian Startups, CEO C…

Qualcomm To Invest $150 Mn In Indian AI Startups

American multinational Qualcomm plans to invest $150 Mn in India’s technology and AI startup ecosystem through its investment arm, Qualcomm Ventures. The investments will be made through its ‘Strategic AI Venture Fund’ in startups across all stages, with a particular focus on AI for automotive, IoT, robotics, and mobile. The announcement was made on the sidelines of the India AI Impact Summit being held in New Delhi, which was attended by Qualco…

Qualcomm commits up to $150 million for Strategic AI Venture Fund in India - OrissaPOST

New Delhi: Global chip major Qualcomm Incorporated plans to invest up to USD 150 million, or about Rs 1,360 crore, to support India’s rapidly expanding technology and AI startup ecosystem, the company said Wednesday. The investments will be deployed through Qualcomm Ventures and will be made in startups across all stages, with a particular focus on AI for automotive, IoT, robotics, and mobile, the company said in a statement. “Qualcomm Incorpora…