According to a report by The Indian Express on November 6, leading U.S. companies such as Nvidia and Qualcomm Ventures joined the "India Deep Tech Alliance" (IDTA) on November 5, which is expected to promote the development of cutting-edge technology in India. IDTA was established in September 2025 by U.S. and Indian venture capital firms, enterprises, and strategic partners, aiming to provide long-term financial support and technical guidance to "deep tech startups" in India's fields such as chips, artificial intelligence, aerospace, robotics, biotechnology, energy, and advanced manufacturing. Initially, the platform pledged to invest $1 billion, and later added an additional $850 million to fill the funding gap. Nvidia will act as a strategic advisor, providing technical guidance, training, and policy recommendations to help Indian startups apply its artificial intelligence and computing tools. Qualcomm Ventures focuses on capital investment, while also helping startups connect with investor networks, global partner companies, and internal technical resources. It is worth noting that although the funding for deep tech startups in India increased by 78% last year to $1.6 billion, it accounted for only about one-fifth of India's total financing of $7.4 billion. Analysts believe that IDTA is essentially a loose, voluntary alliance, where participants operate their own projects. Whether it can achieve effective results in resource collaboration and technology transfer remains to be seen.
Original: www.toutiao.com/article/1848061213829187/
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