Close
Sheryl Sandberg, the former COO of Meta, is making headlines with her investment in Simplismart, a Bengaluru-based generative AI startup. This investment is part of a $7 million funding round led by Accel, highlighting the growing interest in AI startups from Silicon Valley investors. Simplismart, founded by BITS Pilani alumni, specializes in a high-speed inference engine that facilitates the deployment of generative AI models across various cloud platforms.
The startup has previously attracted investments from notable firms like Titan Capital and Shastra VC, and boasts a client list that includes Vodex, Dubverse, and Mobavenue. Despite some confusion regarding Sandberg's participation in this funding round, her involvement signals a significant endorsement for the Indian AI ecosystem, which is increasingly capturing the attention of global investors. The trend of high revenue multiples in funding rounds for generative AI startups indicates a robust market potential.
Analytics India Magazine 13month
Analytics India Magazine 11month
The Economic Times on MSN.com 8month
Hindustan Times on MSN.com 13month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
