Thiel's Venture Firm to Invest $45 Million in India AI Startup
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Peter Thiel’s venture capital firm is investing $45 million into Glance, an Indian technology startup that uses artificial intelligence to personalize content for smartphones.
Mithril Capital, co-founded by Silicon Valley investors Thiel and Ajay Royan, is putting in the money as part of a larger financing round, according to a statement. Glance is part of InMobi Group, a mobile marketing firm backed by Japan’s SoftBank Group Corp.