Image: TICE NewsGlobal AI Funding Surges as India Bets on Fintech and DeepTech
• Global AI funding is surging, highlighted by semiconductor startup Etched raising $700 million to develop specialized AI inference chips, bringing its valuation to $21 billion. • The Etched funding round saw major participation from top-tier investors including Jane Street, Kleiner Perkins, Sequoia, Andreessen Horowitz, and Tiger Global. • In India, startups raised a total of $233.2 million, with investment activity primarily concentrated in the fintech sector and companies preparing for IPOs.
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