Karnataka IT Minister Priyank Kharge on Tuesday (November 18) said the state government is investing ₹600 crore in Deep Tech and AI and along with leading venture capital firms, it aims to create a joint fund of over ₹1,000 crore to support start-ups in these sectors in the state.

According to him, Karnataka is set to make a major push in emerging technologies during the first Future Makers Conclave on November 20 at the 28th edition of the Bengaluru Tech Summit here.

"We are concentrating heavily on DeepTech and AI. For the first time, we are having the Future Makers Conclave where we have tied up with private venture capitalists, and together we are disbursing close to around Rs 1,100 crore on a single platform on November 20 to DeepTech startups,” he told reporters here.

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