Qualcomm, a US-based semiconductor and telecommunications firm, plans to invest up to $150 million in Indian startups through its venture arm, Qualcomm Ventures. The investments will be made via its Strategic AI Venture Fund, with a focus on artificial intelligence and deep technology startups.
The announcement coincides with its participation in the India AI Impact Summit in New Delhi.
The fund will back companies across stages, with a focus on sectors such as automotive, IoT, robotics, mobile technologies, and edge computing. Qualcomm is looking to…

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