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Lucidity raises $21 million in Series A funding led by WestBridge Capital to enhance its multi-cloud storage management platform, enabling enterprises to optimize storage costs and improve operational efficiency.
Indian startup NeevCloud has entered the AI cloud space with a substantial deployment of 40,000 GPUs, aiming to offer cost-effective, scalable cloud computing solutions to small and medium enterprises (SMEs). Founded by experts in cybersecurity and artificial intelligence, NeevCloud focuses on providing high-performance computing resources necessary for AI and machine learning applications. The startup targets industries such as healthcare and finance, aiming to become a key player in the global AI cloud services market.