Entrepreneur News Network

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

Accenture Wins €200 Million NATO Contract to Build Secure Cloud Infrastructure with Leonardo

NATO Announces Major Contract with Accenture

Ankara, Turkey: Global consulting and technology services leader Accenture has secured a multi-million euro contract worth approximately €200 million from the NATO Communications and Information Agency (NCIA) to modernize the alliance’s digital infrastructure. The project, to be delivered in collaboration with Leonardo, will span the next seven years and support NATO’s transition to a secure, … Read more

UST partners Anthropic to train 20,000 staff on Claude

Manu Gopinath, President, UST.

Mumbai: Digital transformation and AI solutions company UST has announced a strategic alliance with Anthropic, the company behind the Claude family of AI models, to help Global 1000 enterprises accelerate enterprise-wide AI adoption. As part of the collaboration, UST will integrate Claude across its engineering platforms, enterprise solutions, consulting services, and internal operations while training … Read more

DXC Technology Opens AI-First Customer Experience Center in Bengaluru to Drive Enterprise AI Innovation

DXC Technology

Bengaluru: Global technology services leader DXC Technology (NYSE: DXC) has inaugurated a new AI-first Customer Experience Center in Bengaluru, strengthening its commitment to helping enterprises accelerate AI adoption and digital transformation. The facility, one of DXC’s largest global delivery hubs, is designed to enable organizations to move from AI experimentation to large-scale deployment while expanding … Read more

ChatGPT Down Today: OpenAI Investigates Image Generation Outage Affecting Users Worldwide

Chatgpt

Dubai: Thousands of users across multiple regions experienced service disruptions on ChatGPT on Tuesday after OpenAI confirmed an outage affecting several of its AI-powered services. The issue primarily impacted image generation, while some users also reported problems accessing older conversations, Custom GPTs, Codex, and workspace-related features. The disruption triggered a spike in user complaints on … Read more

Fortinet Appoints Luca Simonelli as Senior Vice President for Asia Pacific to Drive Regional Growth

Luca Simonelli

Singapore: Global cybersecurity company Fortinet has appointed Luca Simonelli as its new Senior Vice President (SVP) for the Asia Pacific (APAC) region, strengthening its leadership team as demand for cybersecurity solutions continues to rise across the region. Based in Singapore, Simonelli will lead Fortinet’s sales organization across Asia Pacific and oversee operations in Japan, North … Read more

China Switches On the World’s First Commercial Underwater Data Center Off Shanghai’s Coast

Underwater Datacenter

Roughly ten kilometers from Shanghai’s shoreline, a data center now sits on the seabed — and it’s already processing data commercially, marking what appears to be a global first for offshore computing infrastructure. A Giant Structure, Hidden From View The facility weighs close to 2,000 tonnes and stands 32 meters tall, but almost none of … 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

Zave Raises ₹4.7 Crore to Scale AI Shopping Assistant, Strengthen Product and Platform Capabilities

Zave

Bengaluru: AI-powered shopping assistant startup Zave has secured ₹4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The fresh capital will help the startup enhance its artificial intelligence capabilities, strengthen platform infrastructure, and accelerate product development as it prepares for its next phase of growth. The … Read more

MaiAgent Showcases Enterprise AI Agent Platform at VivaTech 2026, Targets Global Expansion

MaiAgent

Taiwan-based enterprise AI platform MaiAgent is showcasing its AI agent technology at VivaTech 2026 in Paris, positioning itself as a solution for organizations seeking to move beyond artificial intelligence pilot projects and deploy production-ready AI systems at scale. The company announced that its platform is helping enterprises accelerate AI transformation by eliminating the need to … Read more

Simple Energy Raises $26.3 Million, Plans FY28 IPO

Suhas Rajkumar, Shreshth Mishra, and Ankit Gupta, co-founders, Simple Energy

Bengaluru-based electric vehicle startup Simple Energy has secured ₹250 crore (approximately $26.3 million) in a fresh funding round as the company accelerates its manufacturing expansion and prepares for a future public listing. The funding round comprised a mix of equity investment and debt financing, providing the electric scooter manufacturer with additional capital to scale production, … Read more

SiMa.ai Named Satish Mohanram as Senior Director, India Sales and Site GM

SiMa.ai, a leader in machine learning (ML) solutions, has announced the appointment of Satish Mohanram as Senior Director of India Sales and Site General Manager. This strategic move aims to bolster the company’s presence in India’s rapidly expanding markets and drive growth in critical sectors such as industrial, semiconductor, education, aerospace/defense, and automotive. Leveraging Extensive … Read more

Vi Business and Yotta Collaborate to Provide Enterprises with Secure and Reliable Data Center and Cloud Services

Enterprises are undergoing an enormous digital transformation, leading to workloads shifting to the cloud. In this fast-evolving digital era, enterprises needs have broadened for various services and solutions – be it security, connectivity, or cloud. To cater to these growing needs and as part of ongoing portfolio expansion, Vi Business, the enterprise arm of the leading … Read more

Salesforce Startup Program Launched in India

Salesforce, the global leader in CRM, today announced the launch of its new Salesforce Startup Program in India, designed to enable startups to innovate, augment customer connections and scale their ventures to the next level. This program, debuting in India, is uniquely designed to provide disruptive startups with access to Salesforce technology, experts, ecosystems, as well as business … Read more

New CIO appointments in India, December 2021

December CIO Appointment Airtel CISO Manish Tiwari joins Fractal as CIO Fractal Analytics has appointed Manish Tiwari as its CIO. He will be based in Gurugram. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. Prior to joining Fractal, Tiwari was senior vice-president and global … Read more