Monday, September 15, 2025

Semiconductor, AI infra to get big chunk of new tech fund

The IDTA was launched on September 2, at Semicon India 2025, to mobilise private capital and expertise for deep tech companies in India and foster US-India collaboration in sectors such as semiconductors, artificial intelligence (AI) and space. Founded by venture capital and private equity firms from both countries, it aims to spur investment with an initial capital commitment of $1 billion.

from Tech-Economic Times https://ift.tt/sqoKb02

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...