Tools · Updated 27 Oct, 04:30 pm IST
Nvidia backs Indian startup Simplismart with $14M Series B to optimize AI model runs
Why it matters for readers: It explains one way companies try to run AI models faster and cheaper without buying lots of extra GPUs.
- Nvidia joined a $14 million Series B for Simplismart, an Indian startup that optimizes how AI models run on compute infrastructure.1
- The Series B was led by Dallas Venture Capital and included Accel, Shastra VC and Micromax as participants.1
- The funding round values the four-year-old Simplismart at about $100 million including the new capital.1
- Simplismart’s software sits between AI models and computing infrastructure and automates deployment and management to meet speed, cost and performance requirements.1
- Co-founder and CEO Amritanshu Jain said companies need model runtimes tailored to their application needs rather than the absolute fastest or cheapest inference.1
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