As the global artificial intelligence boom places unprecedented strain on computing capacity and hardware availability, chip giant Nvidia has thrown its weight behind Bengaluru-based startup Simplismart. The company has secured $14 million in a Series B funding round, betting heavily on software designed to help corporations run AI models more efficiently, sustainably, and, in many […]
International Business Machines Corp. (IBM) saw its shares slip in extended trading on Wednesday, despite reporting a robust set of third-quarter financial results that outpaced Wall Street expectations across several key metrics. The technology vendor’s performance highlighted steady top-line expansion, boosted by enterprise adoption of advanced artificial intelligence solutions and solid hardware infrastructure sales, though […]