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Qualcomm chief pledges $150mn fund for AI startups in India visit
Qualcomm CEO Cristiano Amon announced a $150 million venture capital fund dedicated to AI startups in India during his visit for the India AI Impact Summit. This fund, operated by Qualcomm Ventures, aims to support India’s burgeoning AI ecosystem and foster innovation across various sectors. The announcement follows other significant investments in Indian AI, highlighting the growing private capital interest in the country’s deep-tech sector.