Apple are planning to launch own AI server chips this year to improve AI performance and have more control over hardware. Kairon Capital has started a Rs. 200 crore fund, raised Rs. 90 crore so far to invest in such companies.
Apple Soon Build Own AI Server Chips
Apple is set to release its own AI server chips later this year. These chips will help run artificial intelligence tasks more smoothly and quickly. This move shows that Apple wants greater control over its technology rather than relying on other chip makers. The company is also expected to upgrade its data centers to support AI services and future products.
Kairon Capital Starts New Rs. 200 Crore Fund
Kairon Capital, a new venture capital firm, has launched its first fund of Rs. 200 crore, which includes a Rs. 50 crore extra option. The firm was founded by Deepankur Malhotra, who previously worked at Amazon India. Kairon Capital has already raised Rs. 90 crore. It plans to invest in 14 to 15 early-stage consumer startups and will invest between Rs. 2 crore and Rs. 14 crore in each company.