Databricks, an artificial intelligence (AI) and data analytics firm, has reached a $62 billion valuation after completing a $10 billion funding round, one of the largest in venture capital history, according to a recent report by Reuters.
AirTrunk, the data centre company founded by Bangladeshi-Australian entrepreneur Robin Khuda, is distributing $22 million in bonuses to over 300 employees, with each receiving up to $65,000.
Robin Khuda, a Bangladeshi-born entrepreneur and founder of the data centre company AirTrunk, has been named The Australian Financial Review’s (AFR) Business Person of the Year for 2024.
Elon Musk’s artificial intelligence venture, xAI, has raised $6 billion in equity financing as it intensifies efforts to compete with industry leaders in the AI sector, according to a recent report by Reuters.
Vibe Gaming, a Bangladesh-based video gaming and electronics retailer, has secured strategic investment from Adcomm Holdings on November 28 following their pitch on Shark Tank Bangladesh.
Zomato, one of India's leading food delivery and quick-commerce companies, has raised $1 billion through institutional investors in its first major funding round since its 2021 IPO.
Nebius Group, an artificial intelligence (AI) infrastructure company, has recently announced that it has raised $700 million in a private funding round led by Nvidia, venture capital firm Accel, and accounts managed by Orbis Investments, according to a recent report by Reuters.
Ampeco, an electric vehicle (EV) charging software solution provider, has recently raised $26 million in a Series B funding round led by Revaia, an investment company.
Amazon has poured another $4 billion into Anthropic, the artificial intelligence startup behind the chatbot Claude. This new funding doubles Amazon’s total investment in the startup to $8 billion.
Tally Solutions, a business management software provider, concluded the fourth edition of Tally MSME Honours 2024 in Bangladesh announcing 25 winners in 5 categories on 14 November at Capital’s Raddison Blu Water Garden Hotel.
Greg Brockman, co-founder of ChatGPT parent OpenAI, has rejoined the artificial intelligence powerhouse three months after stepping down from his role as president.
Perplexity AI, a California-based search startup, is close to raising $500 million in new funding, which would value the company at around $9 billion. The latest funding round will be led by venture capital firm Institutional Venture Partners (IVP), which also has a seat in the startup.
OpenAI, the company behind the popular ChatGPT, is reportedly in discussions with the California attorney general’s office to change its corporate structure to a for-profit model, according to Bloomberg News. This potential shift would mark a significant change for OpenAI, which was originally established as a non-profit research organisation in 2015.
Actor and director Olivia Wilde, known for her roles in Tron: Legacy and Don’t Worry Darling, has taken on a new role as a venture capitalist, reports Bloomberg.
Sierra, a Silicon Valley-based AI startup co-founded by Bret Taylor, former Salesforce co-CEO and current OpenAI Chairman of the Board, has secured $175 million in a new funding round, giving the startup a $4.5 billion valuation.
Perplexity AI, the artificial intelligence company backed by Jeff Bezos, has entered fundraising talks to more than double its valuation to over $8 billion, according to a report by The Wall Street Journal.
The European Union announced a new partnership with leading venture capital firms on Monday, aiming to accelerate investment in tech innovation across Europe. T
Jatri, a Bangladeshi multi-modal travel platform, is entering the Gulf Cooperation Council (GCC) market, beginning with Saudi Arabia and the UAE, through the launch of 'Saafir.'
