Data Center Market in India faces public backlash and environmental concerns

India's rapidly growing data center sector faces challenges from public opposition and issues around water and power usage, impacting the country's ambitions to become a global hub for data storage.

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.