US-based semiconductor company Qualcomm to invest $150 million in India's AI startup ecosystem

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Qualcomm has announced a $150 million investment to bolster India’s AI startup ecosystem through its venture capital arm, Qualcomm Ventures. The focus areas for investment include AI in automotive, IoT, robotics, and mobile, coinciding with CEO Cristiano Amon’s participation in the India AI Impact Summit. This initiative deepens Qualcomm’s almost two-decade presence in India, supporting the country’s growing role in global AI innovation.

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