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Qualcomm pledges $150 mn for Indian AI startups
Mint Bangalore
|February 19, 2026
American chipmaker Qualcomm Inc has set aside $150 million for a dedicated venture capital fund targeting artificial intelligence (AI) startups in India, chief executive Cristiano Amon said on Wednesday.
The announcement, made during Amon's India visit, follows a flurry of investment moves on Tuesday, including the expansion of India Deep-Tech Alliance's $1-billion AI fund and Peak XV Partners' $13 million investment across five early-stage AI ventures.
This story is from the February 19, 2026 edition of Mint Bangalore.
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