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

Nvidia has invested in Simplismart, an Indian startup that provides infrastructure to help businesses deploy artificial intelligence models using fewer graphics processing units. The funding arrives as the startup reports a fourteenfold increase in annualized revenue, with the majority of its business currently stemming from the United States. This partnership aims to address the rising demand for efficient AI deployment tools as companies seek to reduce the high hardware costs associated with running large-scale machine learning operations.