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Qualcomm Invests $150M in Indian AI Startups

🀯 Mind Blown

Qualcomm just committed $150 million to fuel India's next generation of AI innovators. The chip giant is backing startups building everything from smart cars to intelligent robots.

Qualcomm is betting big on India's tech future with a fresh $150 million commitment to AI startups across the country. The semiconductor giant announced Wednesday it will deploy the funds through its Strategic AI Venture Fund, targeting companies working on cutting-edge technology from self-driving cars to robotics.

This isn't Qualcomm's first rodeo in India. Since 2007, the company has backed over 40 Indian startups, including household names like MapMyIndia and rising stars in wireless technology, delivery logistics, and legal tech.

The investment focus is crystal clear: AI that lives on devices, not in distant data centers. Qualcomm wants to support startups building artificial intelligence that works directly in smartphones, cars, industrial machines, and robots without needing constant internet connection.

"AI is entering a new phase where intelligence is built directly into devices and systems people depend on every day," said Cristiano Amon, Qualcomm's CEO. The company sees this shift toward edge AI as transformative for entire industries, from manufacturing to transportation.

Qualcomm Invests $150M in Indian AI Startups

India's startup ecosystem is perfectly positioned to lead this revolution. The country has become one of the world's most vibrant innovation hubs, churning out solutions that solve real problems for billions of people.

The Ripple Effect

This investment means more than just funding for a few lucky startups. It signals global confidence in India's tech talent and innovation capacity at a time when the country is rapidly climbing the ranks as a technology superpower.

For young founders across India, it opens doors to world-class mentorship, global market access, and the semiconductor expertise that Qualcomm has built over decades. The focus on edge AI also means these startups will be working on technology that makes everyday devices smarter, faster, and more useful for regular people.

Quinn Li, who leads Qualcomm Ventures globally, emphasized the company's deepening commitment to India's startup scene. The automotive, IoT, robotics, and mobile sectors will see particular attention, areas where Indian innovation is already making waves internationally.

A $150 million vote of confidence in Indian innovation is lighting the path forward for tomorrow's tech leaders.

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Based on reporting by YourStory India

This story was written by BrightWire based on verified news reports.

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