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 […]
OpenAI is reportedly on the verge of securing another massive private funding round rather than immediately charging ahead with a public market debut. According to people familiar with the matter, the leading artificial intelligence laboratory is currently in discussions to raise up to $30 billion at a staggering $1.25 trillion pre-money valuation. The round is […]