Semiconductor, AI infra to get big chunk of new tech fund

Allocation under the new $1 billion India Deep Tech Investment Alliance (IDTA) is not preset, but semiconductors and AI infrastructure are expected to command a large share of the investment, said Sriram Viswanathan, founding managing partner at Celesta Capital, which along with its peers, is leading the IDTA.

“One could expect semiconductors and AI infrastructure to command a large share of investment in line with general market trends,” he told ET.