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December 06, 2018 | Tom Ballard

Qualcomm creates new $100 million AI-focused fund

Qualcomm has launched a new $100 million fund to invest in artificial intelligence (AI) start-ups looking to run their algorithms on devices in the field — rather than in the Internet cloud. The new fund is part of Qualcomm Ventures, the San Diego company’s corporate venture capital arm with nearly $1 billion under management. Qualcomm Ventures has invested in 150 companies worldwide over nearly two decades. Click here to learn more about the new AI-focused fund.

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