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In a major boost for regional entrepreneurship, Tamil Nadu Chief Minister M.K. Stalin has announced a ₹100 crore Co-Creation Fund to accelerate venture capital investment in the state’s thriving startup ecosystem. Unveiled at the Global Startup Summit in Coimbatore on October 9, 2025, this fund-of-funds initiative aims to position Tamil Nadu among the world’s top 20 startup hubs by 2032.

In a massive endorsement of India’s semiconductor capabilities, UK-based Graphcore—the artificial intelligence chip company backed by SoftBank Group—has revealed plans to invest £1 billion (approximately $1.3 billion or ₹11,000 crore) in India over the next decade. The investment will establish Graphcore’s first AI Engineering Campus in Bengaluru, creating 500 high-skilled semiconductor jobs and positioning India as a core development hub for next-generation AI processors.

In a historic collaboration that merges India’s digital payments leadership with cutting-edge AI, the National Payments Corporation of India (NPCI), fintech leader Razorpay, and OpenAI have launched a private beta for Agentic Payments—India’s first AI-powered conversational commerce experience inside ChatGPT. Announced on October 9, 2025, at the Global Fintech Fest, this initiative allows users to browse, compare, and purchase products using UPI—all through a simple chat interface.

In an extraordinary demonstration of youth-led innovation, a 20-year-old Indian founder has successfully raised $3 million in seed funding for Supermemory, an artificial intelligence startup developing cutting-edge memory optimization technology. The funding round represents one of the largest early-stage investments in a solo youth founder in India’s AI ecosystem. The achievement challenges conventional notions about age and experience in the

Venture capital firm Together Fund has announced the launch of a specialized programme dedicated to identifying and nurturing early-stage AI startups, marking a significant commitment to fostering innovation in artificial intelligence. The initiative aims to provide comprehensive support to entrepreneurs building next-generation AI solutions across various domains.