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NVIDIA Joins Forces with India's Deep Tech Future
- NVIDIA has taken a significant step by becoming a founding member and strategic adviser for the India Deep Tech Alliance (IDTA), aiming to bolster AI and computing technology integration with scientific challenges.
- The IDTA, backed by leading VC firms, announced a new expansion phase with fresh capital commitments exceeding INR 7,500 Cr, signaling massive support for deeptech startups.
- Despite not making direct financial investments, NVIDIA will provide invaluable technical guidance and access to groundbreaking technology through its Deep Learning Institute.
- The alliance, launched by prominent India and US-based VCs, plans to strategically invest in semiconductors, AI, quantum computing, and more, enhancing India's position in the deep tech sector.
- With government backing like the recent INR 1 Lakh Cr R&D fund, India is poised to make waves in the global deep tech arena, strengthened by this alliance with NVIDIA.
Source: Inc42
10d ago
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