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Reliance purchases a 23 3% interest in the US-based AI company Exyn

Reliance has financed AI and robotics firm Exyn, based in Philadelphia, the Indian giant revealed in a stock exchange filing on Thursday, furthering its global startup investments. Reliance Industries’ wholly owned subsidiary Reliance Strategic Business Ventures paid $25 million for a 23.3% share in Exyn, according to the Indian company. The investment from the Indian …

Autonomous drone startup Exyn raises $35M for mapping GPS-denied environments

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