As the AI boom strains computing capacity, Nvidia has backed Indian startup Simplismart in a $14 million funding round, betting on software that helps companies…
Tag: Backs
Arch Lending Backs the Nation’s First Community-Run Bitcoin Reserve
The Altgeld Bitcoin Reserve was founded in early 2025 by Tolbyus Shephard, who grew up in Altgeld Gardens, with the support of Bernadette Williams, president…
Qualcomm backs Ultrahuman in $70M round on bet to turn smart rings into computers |
Ultrahuman, an Indian startup best known for making smart rings, has raised $70 million in a new funding round that includes backing from Qualcomm’s venture…
Lachy Groom backs Indian startup aiming to keep aircraft aloft for a year |
Prominent solo investor Lachy Groom has backed a Bengaluru startup attempting an ambitious feat: keeping an aircraft in the sky for more than a year…
Saudi Aramco backs India’s Mitti Labs to make Asia’s rice farming more water-resilient |
As rising temperatures and shifting rainfall patterns put Asia’s water-intensive rice farming under pressure, Mitti Labs, a New York- and Bengaluru-headquartered climate-tech startup, has raised…
Lululemon backs nylon-recycling startup Syntetica in $30M Series A |
Activewear company Lululemon has invested in the $30 million Series A round raised by Syntetica, a French startup that developed a novel approach to recycling…
OpenAI Backs Bill That Would Limit Liability for AI-Enabled Mass Deaths or Financial Disasters
OpenAI is throwing its support behind an Illinois state bill that would shield AI labs from liability in cases where AI models are used to…
Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount |
In a flurry of deal offers in the high tens of billions of dollars, the bidding war for Warner Bros. Discovery is over. David Ellison-owned…
Anthropic-funded group backs candidate attacked by rival AI super PAC |
In Brief Posted: 12:52 PM PST · February 20, 2026 Late last year, New York Assembly member Alex Bores became the target of a campaign…