PM Modi inaugurates RBI data centre and cybersecurity institute in Odisha

Prime Minister Narendra Modi opened the Reserve Bank of India's new data centre and Cybersecurity Training Institute in Bhubaneswar, Odisha. The project involved an investment of Rs 169 crore. The data centre is certified as Tier IV by the Uptime Institute, indicating high reliability.

Nvidia invests $14M in Simplismart to improve AI model efficiency

Nvidia has provided a $14 million investment to Simplismart to help the startup make AI models run more efficiently. Simplismart reports its annualized revenue run rate increased fourteenfold over six months, with the United States contributing over half of its revenue. The funding round was covered by Crypto Briefing and TechCrunch.