Nvidia deepens early-stage push into India's AI startup ecosystem | TechCrunch
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Nvidia deepens early-stage push into India's AI startup ecosystem | TechCrunch
"The push is intended to help the AI chipmaker cultivate relationships with future customers in one of the world's fastest-growing developer markets. The latest move comes through a partnership with early-stage venture firm Activate, which plans to back about 25 to 30 AI startups from its $75 million debut fund while giving portfolio companies preferential access to Nvidia's technical expertise."
"The flurry of activity comes as India hosts its AI Impact Summit in New Delhi, drawing top technology companies including OpenAI, Anthropic, and Google. Nvidia Chief Executive Jensen Huang was slated to attend but skipped the event due to what the company called unforeseen circumstances. A senior delegation led by executive vice president Jay Puri attended in his place, meeting AI researchers, startups, developers, and partners on the ground."
"By working more closely with founders at the earliest stages, the company is positioning itself to capture long-term demand as new AI-native companies scale. Aakrit Vaish, founder of Activate, said Nvidia's engagement with startups in India has historically been relatively light-touch compared with the U.S., but the chipmaker is now looking to work with founders much earlier in their journey. Activate aims to leverage that shift by connecting portfolio startups directly with Nvidia experts."
Nvidia is intensifying efforts to court Indian AI startups earlier in their lifecycle through multiple partnerships. The company partnered with early-stage venture firm Activate, which plans to back about 25 to 30 AI startups from its $75 million debut fund while giving portfolio companies preferential access to Nvidia's technical expertise. Nvidia also partnered with nonprofit AI Grants India and other India-focused venture firms. A senior Nvidia delegation led by executive vice president Jay Puri met researchers, startups, developers, and partners at India's AI Impact Summit. India has become one of the fastest-growing pools of AI developers and startups. Nvidia aims to secure long-term demand by engaging founders before companies formally scale.
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