India Announces $1.1 Billion Fund to Boost AI Startups

India has announced a significant $1.1 billion fund aimed at boosting AI startups, showcasing an aggressive expansion of its AI ambitions at a recent Impact Summit.

25 Feb, 15:10 — 25 Feb, 15:10

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morocco-world-newsMixed187d ago

India Hedges Forward in Global AI Race, Announces $1.1 Billion Fund to BoostStartups at Impact Summit

Casablanca – From billion-dollar venture funding to massive data center investments, India used last week’s AI Impact Summit to showcase an aggressive expansion of its AI ambitions. The Indian government announced it will earmark $1.1 billion for a state-backed venture capital fund dedicated to AI and advanced manufacturing startups. The fund is expected to channel […] The post India Hedges Forward in Global AI Race, Announces $1.1 Billion Fund to BoostStartups at Impact Summit appeared first...

By Oumaima Moho Amer

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India Announces $1.1 Billion Fund to Boost AI Startups

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India Hedges Forward in Global AI Race, Announces $1.1 Billion Fund to BoostStartups at Impact Summit

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