News
Bengaluru AI Startup Simplismart Raises $14 Mn in NVIDIA-Backed RoundBengaluru-based AI inference infrastructure startup Simplismart has raised $14 million in a Series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra VC and Micromax. The company will use the funds to develop its …Source: Analytics India Magazine – Neutral
Robinhood CEO’s AI startup Harmonic expands into software, chip design verificationOct 27 (Reuters) – Harmonic, the AI startup co-founded by Robinhood CEO Vlad Tenev, said on Tuesday it was expanding its Aristotle model from mathematical proofs into software and chip design verification, as AI’s growing use in detecting software …Source: KDAL – Minnesota – Pending
Anthropic hacked by AI startup in less than 12 hoursAn AI startup has claimed that it hacked Anthropic’s systems in less than 12 hours, exposing internal messages and data. US-based Cathedral, which was founded this year by former staff members of the US Department of Government Efficiency, breached the …Source: Yahoo News – United Kingdom – Center-left- Robotics AI startup Physical Intelligence is seeking a valuation of about $20 billionPhysical Intelligence, a startup that develops AI software to power robots, is in talks to raise money at a valuation of about $20 billion, according to Bloomberg.The company is discussing a round of at least $1 billion, with existing backers Avenir and …Source: Quartz – Neutral
Itaú Unibanco gains full ownership of AI startup NeoSpace for $589mItaú Unibanco has agreed to acquire all shares in NeoSpace A.I. Technologies, a Brazilian developer of foundational models trained on large-scale datasets, for 2.9bn reais ($589m). The start-up has developed models using the bank’s proprietary data for …Source: Retail Banker International – Pending
AI startup Simplismart raises $14 million from Dallas Venture Capital, Nvidia as demand for inference growsBengaluru-based AI firm Simplismart has raised $14 million in a round led by early-stage investment firm Dallas Venture Capital, with participation from chipmaker Nvidia. The startup’s cofounder and CEO Amritanshu Jain told ET that Simplismart has recorded …Source: The Economic Times – Center-right
AI startup hacks Anthropic in 12 hours, gains access to employee details and internal messagesA cybersecurity startup called Cathedral gained access to sensitive internal systems at Anthropic in less than 12 hours, exposing employee information, salary details, job offers and internal messages discussing the company’s advanced AI models. The …Source: India Today – Indeterminate
Seattle startup Avante raises $30M to bring AI agents to corporate benefits teamsby Kurt Schlosser on Oct 27, 2026 at 9:03 amOctober 27, 2026 at 9:29 am Avante CEO Rohan D’Souza in a video announcing his startup’s new funding. (Avante via LinkedIn) Avante, the maker of an AI platform to help companies manage employee health care and …Source: GeekWire – Washington – Neutral
Sarvam AI joins hands with Defence Ministry to bring Indian AI to Army, Navy and Air ForceIndian AI startup Sarvam AI is joining hands with the Defence Ministry to expand the use of homegrown artificial intelligence across India’s armed forces. The initiative could open new opportunities for military AI applications, including intelligence …Source: News9 Live – Indeterminate
This AI startup raised $300 million to build digital versions of consumersCompanies could soon have a new way to find out your shopping habits — by asking your digital clone. Joon Sung Park, Co-Founder & CEO of Simile, an AI startup, told show host Molly O’Shea on the Sourcery podcast released on Monday that the company is …Source: Business Insider – Center-left
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