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Qualcomm launches fund to invest in AI startups

November 30, 2018

Qualcomm has announced the launch of a new Qualcomm Ventures AI Fund to invest up to $100 million in startups focusing on artificial intelligence.

Qualcomm said that the fund will focus on startups, with an emphasis on those developing new technology for autonomous cars, robotics and machine learning platforms.

“At Qualcomm, we invent breakthrough technologies that transform how the world connects, computes, and communicates,” said CEO Steve Mollenkopf.

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