Nvidia said in February that it is working with Indian venture firms including Peak XV, Accel India and Elevation Capital to identify and fund AI startups, CNBC reported.
For Nvidia, the program extends its ecosystem strategy: startups that build on its stack become future customers. For India, where most startup funding has gone to enterprise applications, retail and fintech rather than deep tech, a chip leader's involvement is a vote of confidence in the AI pipeline.
Source: CNBC