U.S. chipmaker Qualcomm Inc creates venture capital firm to invest in AI startups

Artificial Intelligence will be pervasive in the coming years with its ubiquitous usage touching nearly every aspect of our day-to-day lives. In a significant development, U.S. chipmaker Qualcomm Inc has set up Qualcomm Ventures AI Fund, a $100 million fund, that will invest in startups working on artificial intelligence technologies. Qualcomm Ventures AI Fund has…

While the Democrats and the Republicans slug it out on the merits and demerits of the project, time is running out since contracts for the project have already been signed. Delays will attract penalties which could make the project void ab initio. 14 lawmakers from the California GOP have sent a letter to the newly-installed Transportation Secretary,…