Qualcomm Ventures has launched its AI fund , an investment initiative providing backing to promising start - ups . The fund , worth $ 100 m , will fund investments from $ 1 m to $ 10 billion in companies across a wide range of AI applications , with a majority of the funding targeting series A companies and two - thirds going to emerging B companies .
Qualcomm Ventures has introduced its AI fund, an investment initiative offering backing to promising start-ups. The fund, worth $100m, will make investments from $1m to $10m in companies across a wide range of AI applications, with a third of the funding targeting series A companies and two-thirds going to series B companies.