SoftBank-backed billionaire plans to invest $230 million in the Indian AI startup Krutrim, as reported by TechCrunch. In a related development, Hitachi Ventures has successfully raised a $400 million fund aimed at investing in various sectors, including fusion and artificial intelligence. This marks Hitachi's fourth corporate venture capital fund established within five years, highlighting the company's strategy to capture technology turning points and future growth opportunities. The new fund will focus on deep tech startups, further expanding Hitachi's investment portfolio in innovative technologies.
With its fourth fund in five years, Hitachi Ventures is looking for more deep tech startups to invest in. https://t.co/A2t5ZVBYox
Hitachi Ventures raises $400M fund to invest in everything from fusion to AI: https://t.co/CTy42pwcTV by TechCrunch #infosec #cybersecurity #technology #news
Hitachi Establishes Its Fourth Corporate Venture Capital Fund to Capture Technology Turning Points and Future Growth Opportunities https://t.co/R8YFJOoNC1 https://t.co/u7tbbLoytz