Entrepreneur News Network

HCLTech Enters Full-Stack AI Market with ₹3,500 Crore Investment in AI Data Centres

HCL Tech

Noida: HCLTech has announced its entry into the rapidly growing full-stack artificial intelligence (AI) market, backed by a planned investment of up to ₹3,500 crore to establish AI data centres in India. The company said the strategic investment will enable it to deliver end-to-end AI infrastructure, cloud, software, and managed services to enterprises and government … Read more

NVIDIA Chip Rival SambaNova Raises $1 Billion At $11 Billion Valuation

SambaNova

Paris: AI chip startup SambaNova Systems has secured $1 billion in Series F funding, valuing the company at $11 billion, as it looks to strengthen its position in the rapidly expanding artificial intelligence semiconductor market. The funding announcement was made during the Raise Summit in Paris, reinforcing growing investor interest in companies developing alternatives to … Read more

NVIDIA Launches Revenue-Sharing Model to Expand AI Cloud Infrastructure and Accelerate Enterprise AI Adoption

Nvidia

New Delhi: NVIDIA has introduced a new revenue-sharing and credit-support business model aimed at expanding access to large-scale AI computing infrastructure for startups, enterprises, AI model developers, research organizations, and regional cloud providers. The initiative reflects the rapidly evolving AI landscape, where demand is shifting from training large language models to running production-scale AI inference … Read more

MemryX Secures $44 Million in Series B Funding to Advance Edge AI Innovation

Memryx

MemryX, a leading provider of cutting-edge Edge AI semiconductor solutions, has successfully raised $44 million in its Series B funding round. This milestone, backed by a mix of new and existing investors, underscores the growing industry confidence in MemryX’s AI acceleration technology. The funding comes at a pivotal time, following the production readiness of the … Read more

Nodepay Secures $7 Million in Funding to Revolutionize Decentralized AI and Bandwidth Sharing

Nodepay, a groundbreaking decentralized AI platform, is transforming how unused internet bandwidth is utilized by converting it into real-time data pipelines for AI training. The company has announced a successful second round of funding, bringing its total capital raised to $7 million. Backed by Leading Investors This latest funding round includes notable strategic investors such … Read more