Nvidia backs Indian startup helping companies run AI models with fewer GPUs
Simplismart says its annualized revenue run rate has grown 14-fold in six months, with the U.S. accounting for more than half its revenue.
Accel
Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation
The new financing is expected to more than triples the AI infrastructure startup’s valuation from just four months ago.
Ema raises $77M as AI starts eating into enterprise software and services
Ema has raised $140 million to date and has more than 50 enterprise customers, including Google and Microsoft.
Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation
The high-profile startup’s annual revenue run rate stands at over $100 million.
Gamma acquires Accel-backed design startup Lica
Lica co-founders are going to work on Gamma’s new research team.
Backed by $60M in funding, Oak steps out of stealth to fix the identity mess that AI agents are making worse
Cofounded by senior entrepreneur Shai Morag, Israeli identity management startup Oak is emerging out of stealth with $60 million in seed funding.
Pocket raises $11M in bet on rising demand for AI note-taking devices
Pocket sells a $129 credit card-shaped puck, which sticks to the back of your phone, and promises unlimited recordings, transcriptions, and to-do items.
Accel raises $5B to back late-stage bets
Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies building AI.
