Entrepreneur News Network

Simplismart Raises $14 Million in Series B Funding to Expand AI Inference Platform

Bengaluru-based startup Simplismart

NOIDA, India, Oct. 27, 2026 – Bengaluru-based AI infrastructure startup Simplismart has raised $14 million in a Series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC and Micromax. The fresh capital will support the development of its AI inference platform, strengthen partnerships with cloud providers and sovereign AI … Read more

IMDA and Microsoft Partner to Advance AI Safety, Security, and Responsible Innovation

Microsoft

The Infocomm Media Development Authority (IMDA) and Microsoft have signed a strategic agreement to deepen collaboration on artificial intelligence (AI) safety, security, and responsible AI development, reinforcing Singapore’s position as a global leader in trusted AI governance. The partnership aims to support the safe, secure, and ethical deployment of advanced AI technologies through joint research, … Read more

Anthropic Launches $150 Million Claude Corps Fellowship Program to Expand AI Skills Across America

Anthropic

Artificial intelligence company Anthropic has announced the launch of Claude Corps, a nationwide fellowship program designed to help nonprofits leverage AI while equipping early-career professionals with practical artificial intelligence skills. Backed by an initial $150 million investment, the initiative aims to train 1,000 fellows in the effective use of Anthropic’s AI assistant Claude and place … Read more

Nvidia Strikes $20 Billion Deal to Acquire Groq’s AI Chip Assets and Talent

NVIDIA

Nvidia has reportedly agreed to purchase assets from Groq, a California-based designer of high-performance AI accelerator chips, in a landmark $20 billion cash deal, according to Alex Davis, CEO of Disruptive — the investment firm that led Groq’s latest funding round in September. Davis confirmed that the transaction came together swiftly, noting that Disruptive has … Read more