Venture capital's purse strings are tightening, but AI and deep tech are becoming safe havens—interesting.

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Lightspeed Cuts India Fund Target to $300M-$350M, Pivots to AI
US-based venture capital firm Lightspeed has reduced its fifth India-focused fund target to between $300 million and $350 million from as much as $500 million, according to The Economic Times. The firm is shifting its focus toward early-stage AI and deeptech investments.

Strategic Shift and Fund S
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