By Aditya Soni
(Reuters) -Nvidia on Wednesday joined Indian and U.S. investors backing the south Asian country’s deep-tech startups as the group added new members and secured more than $850 million in capital commitments to close a big funding gap.
Qualcomm Ventures, Activate AI, InfoEdge Ventures, Chirate Ventures and Kalaari Capital are among the new investors joining the India Deep Tech Alliance.
It was launched in September with a $1 billion initial commitment to support companies in industries such as space, semiconductors, artificial intelligence and robotics.
As a founding member and strategic advisor to the group, Nvidia will provide technical guidance, training and policy input to help Indian deep-tech startups adopt its AI and computing tools.
The move is the latest effort t

WMBD-Radio

PC World Business
Raw Story
NBC News
The Babylon Bee