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Nvidia Backs Indian Startup Helping Companies Run AI Models with Fewer GPUs

Simplismart says its annualized revenue run rate has grown 14-fold in six months, with the U.S. accounting for more than half its revenue.

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Nvidia backs Indian startup helping companies run AI models with fewer GPUs

Simplismart says its annualized revenue run rate has grown 14-fold in six months, with the U.S. accounting for more than half its revenue.

3 hours ago·San Francisco, United States

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Inc42 Media

Simplismart Bags $14 Mn To Expand AI Inference Platform

AI infrastructure startup Simplismart has raised $14 Mn (around ₹133 Cr) in a Series B funding round led by Dallas Venture Capital

2 hours ago

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Startup Fortune

Nvidia is in talks to lead a $20 million round for Simplismart

Entrackr reports Nvidia is set to lead a $20 million round for Simplismart, valuing the Bangalore inference startup at roughly $100 million and marking its second major Indian AI infrastructure bet.

2 hours ago

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DiarioBitcoin

Nvidia Backs Simplismart Indian Startup, Who Seeks to Run AI with Less GPU

Simplismart closed a US$14 million round led by Dallas Venture Capital, in which Nvidia, Accel, Shastra VC and Micromax also participated. The Indian startup develops software to adapt AI model execution to the needs of each company and make better use of its GPU. The operation values the company at about $100 million and puts the focus on a market where companies seek to balance speed, cost and computing capacity.

2 hours ago

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