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Nvidia backs Indian startup helping companies run AI models with fewer GPUs
As the AI boom strains computing capacity, Nvidia has backed Indian startup Simplismart in a $14 million funding round, betting on software that helps companies run AI models more efficiently and, in some cases, with fewer GPUs.
AI Summary
Nvidia has joined a $14 million Series B round backing Indian startup Simplismart, whose software claims to let companies run AI models more efficiently and, in some cases, with fewer GPUs. The funding round was led by Dallas Venture Capital and also included Accel, Shastra VC and Micromax, alongside Nvidia’s primary investment. The deal values the four‑year‑old startup at roughly $100 million. Simplismart aims to address the AI boom’s strain on computing capacity by optimizing GPU usage.
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