STARTUPS
“Godmother of AI” raises USD 230 mln for AI startup
An artificial intelligence researcher, Fei-Fei Li also nicknamed as the “Godmother of AI” has raised USD 230 million for AI startup “World Labs” along with her three colleagues to develop AI technology that can comprehend how the three-dimensional physical world works, the company announced on Friday.
Bangladeshi Stanford graduate’s AI startup receives $750K funding
Story Engine Inc., an AI startup co-founded by Bangladeshi Stanford graduate Sheikh Srijon, has received $750,000 in pre-seed funding from the reputed venture capital firm Andreessen Horowitz (A16Z). The startup, founded by Sheikh Srijon, Zhizhuo Zhou, and Wanrong He, aims to revolutionise the realm of webtoon and anime creation through generative AI technology.
Press Release / Optimizely earns 'Great Place To Work' certification
Optimizely earns 'Great Place To Work' certification, celebrates culture of innovation and employee well-being
AI startup by OpenAI co-founder raises $1 bln
Safe Superintelligence (SSI), a new AI startup co-founded by Ilya Sutskever, former chief scientist and co-founder at OpenAI, has raised $1 billion in cash. In an interview with Reuters, SSI announced its goal to build "safe AI systems that far surpass human capabilities".
Bangladeshi-born founder’s Australian startup acquired for $16 bln
AirTrunk, a data centre group founded by Bangladeshi-Australian entrepreneur Robin Khuda, is set to change hands in a USD 16.1 billion (AUD 23 billion) deal.
Footsteps co-founder Shah Rafayat named Asia 21 Next Generation Fellow
Shah Rafayat Chowdhury, co-founder of the social venture organisation Footsteps, has been selected as one of the 38 young leaders to join the Asia 21 Next Generation Fellows for 2024.
2 Bangladeshi startups in Forbes Asia 100 To Watch list
Two Bangladeshi startups - Tiger New Energy, a company offering battery-swapping technology for electric vehicles (EV), and iFarmer, an agritech platform - has recently made it to the Forbes Asia's 100 to Watch list for 2024.
Shikho was blacklisted from government funding, says CEO
Shahir Chowdhury, the founder and CEO of the Bangladeshi edtech startup Shikho, recently stated in a Facebook post that his company had been blacklisted from receiving government funding. According to Chowdhury, Shikho was close to securing an investment, which included BDT 5 crore from Startup Bangladesh Limited (SBL) as part of a larger USD 1.5 million funding round. However, SBL abruptly withdrew its support just before the agreement was to be signed, citing political reasons.
Elon Musk launches new AI company called xAI
Elon Musk, the CEO of Tesla and SpaceX and owner of Twitter, has announced the launch of a new AI company called xAI.
Meet Rousseau Kazi, the Bangladeshi-born CEO and Co-Founder of the other 'Threads'
Shortly after the launch of Threads, it became apparent that Mark Zuckerberg's new Twitter competitor had opted for a .net domain instead of the customary .com. The reason behind this choice lies in the fact that the .com domain had already been claimed by another platform, also called Threads, led by one Rousseau Kazi, serving as its Co-Founder and CEO.
World’s first USD 3 trillion company: How Apple changed tech forever
As the world's first US $3 trillion company, Apple stands as a shining example of how a relentless pursuit of innovation, quality, and customer satisfaction can drive unparalleled success in the ever-evolving world of technology.
Jack Ma in Dhaka: What could his surprise trip mean for Bangladesh?
With his track record of entrepreneurial success and influence in the technology and e-commerce sectors, Ma's presence in the country has sparked curiosity, especially given the recent series of swift visits he has made across South Asia.
Jack Ma makes surprise visit to Dhaka
In a series of surprise visits, Jack Ma, the co-founder of Alibaba, made a brief stopover in Dhaka, Bangladesh, before heading to Kathmandu, Nepal on Tuesday, July 27. These unexpected visits by the prominent Chinese entrepreneur have sparked curiosity and speculation in the industry.