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

Yotta Data Services Partners With IntelliDB Enterprise to Launch Sovereign AI-Powered Database Services in India

Yotta

Yotta Data Services has entered into a strategic partnership with IntelliDB Enterprise to offer AI-powered Database-as-a-Service (DBaaS) on Yotta’s sovereign cloud platform. The collaboration aims to help enterprises and government organisations deploy modern database infrastructure for AI applications while keeping data hosted within India. The partnership combines Yotta’s sovereign cloud infrastructure with IntelliDB Enterprise’s AI-powered … Read more

Qualcomm Unveils AI Data Center Strategy with Meta, Microsoft Partnerships and Modular Acquisition

Qualcomm

New Delhi: Qualcomm Technologies has announced a major expansion into the artificial intelligence (AI) data center market, unveiling new hardware platforms, strategic partnerships with Meta and Microsoft, and the acquisition of AI software company Modular as it looks to strengthen its position in the rapidly growing AI infrastructure industry. The announcement marks one of Qualcomm’s … Read more

Persistent Systems and Kong Partner to Strengthen Enterprise AI Governance and API Infrastructure

Persistent

Persistent Systems and Kong have announced a strategic partnership aimed at helping enterprises build secure, scalable, and well-governed AI systems. Under the collaboration, Persistent Systems will serve as Kong’s global systems integration partner, supporting enterprises as they move AI projects from experimentation to large-scale production deployment. Growing Need for AI Governance and Scalable Infrastructure As … Read more

NVIDIA Acquires Israeli AI Startup Illumex in $60 Mn Deal

Nvidia

NVIDIA has acquired Israeli artificial intelligence startup Illumex in a deal estimated at approximately $60 million, according to industry sources. While financial terms were not officially disclosed, the acquisition marks another strategic move by NVIDIA to deepen its enterprise AI and data infrastructure capabilities. Illumex had previously raised around $13 million in seed funding from … Read more

Zettabyte Secures Strategic Investment from Lam Capital to Accelerate AI Infrastructure Innovation

Zettabyte

Taipei, August 2, 2025 — Zettabyte, a rising innovator in AI data center infrastructure software, has announced a strategic investment from Lam Capital, the venture arm of Lam Research Corp. This funding round also saw participation from leading global electronics giants Wistron, Foxconn, and Pegatron, further strengthening Zettabyte’s position in the fast-growing AI infrastructure ecosystem. … Read more