February 18, 2026 4:12 PM
Qualcomm to invest up to $150 million in India via AI-focused venture fund
US chipmaker Qualcomm on Wednesday said it will invest up to $150 million in Indian startups through a new Strategic AI Venture Fund, as its chief executive Cristiano Amon attended the India AI Impact Summit in the capital. The investment, to be routed through Qualcomm Ventures, will back startups across stages with a focus on artificial intelligence applications in automotive, Internet of Things (IoT), robotics and mobile technologies, the company said. “Through our new Strategic AI Venture...