Startup Helps AI Video Platform Cut Its Computing Bills by 56%

Simplismart helped InVideo, an AI video platform, cut its costs of running AI on powerful graphics chips by 56%, according to TechCrunch. The Bengaluru startup is four years old and makes AI run cheaper and faster. Nvidia backed its $14 million funding round, led by Dallas Venture Capital, valuing it at about $100 million. Customers include HeyGen, Higgsfield and Ema.