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Nvidia backs Simplismart with $14 million

Indian startup Simplismart raised $14 million to develop software that runs AI models more efficiently with fewer GPUs. Investors valued the four-year-old company at $100 million, aiming to reduce hardware costs for enterprise AI workloads.

Field
industry news
What they did
Nvidia invested $14 million in Indian startup Simplismart to fund software that optimizes the running of AI models.
Why it matters
This will help companies save resources by running models with fewer GPUs and simplify the management of complex infrastructure configurations.
#nvidia#simplismart#gpu optimization#ai infrastructure#funding

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