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About a dozen executives from semiconductor and chip design companies such as Intel, AMD and Texas Instruments have quit to establish AI chip startups in India to tap into the multibillion-dollar industry.
Four from Texas Instruments have started C2i Semiconductors, which is developing products to reduce energy consumption by semiconductors. They have raised $4 million from Yali Capital and Intel CEO Lip Bu-Tan, according to Tracxn.
Bodhi Computing, which was acquired by Krutrim, was started by two Intel veterans, Sambit Sahu and Raghuraman…
