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NVIDIA, Qualcomm join U.S., Indian VCs to help build India's next deep tech startups

1. NVIDIA joins a coalition supporting Indian deep-tech startups, acting as a technical advisor. 2. The coalition has over $1 billion in commitments, including Qualcomm's significant investment. 3. NVIDIA will share AI insights, aiding startups but without financial contributions. 4. India's deep-tech funding grew 78% year-over-year, reflecting ecosystem potential. 5. The partnership aims to enhance innovation in AI, robotics, quantum computing, and more.

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Why Bullish?

NVIDIA's involvement validates the Indian startup ecosystem, potentially boosting investor confidence. When NVIDIA engaged in AI collaborations previously, its market value surged, demonstrating a similar positive impact.

How important is it?

NVIDIA's strategic advisory role suggests its commitment to India, enhancing long-term growth prospects. The deep-tech surge aligns with global tech trends, particularly in AI.

Why Long Term?

The coalition's objectives span 5-10 years, aligning with long-term growth in deep-tech. Past collaborations in emerging markets often yield significant returns over extended periods.

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