Fidji Simo, the current CEO of Instacart, is set to join OpenAI as CEO of Applications, the company announced on May 7.
Startup Bangladesh Limited (SBL), the government-backed venture capital arm of the ICT Division, has announced a strategic investment in Shikho, an EdTech startup, in a move aimed at accelerating the adoption of AI-driven learning tools across Bangladesh on May 7.
Bangladeshi aerospace company DhumketuX has officially unveiled Bidrohi, a domestically built commercial sub-orbital space rocket made in Bangladesh, on 29 April.
River, a US-based technology company founded by Bangladeshi-American entrepreneurs, has acquired Wind, a blockchain-based payments application created by Hussain M Elius, the former CEO of Pathao.
A controversial artificial intelligence (AI) startup that began as a tool for cheating in job interviews has secured $5.3 million in seed funding, despite its founders being suspended from Columbia University over its creation.
Bangladeshi-led startup Octolane secures $2.6M to launch the world’s first self-driving AI CRM, transforming how sales teams engage with customers.
Two former OpenAI researchers have joined Thinking Machines Lab, the new artificial intelligence venture launched by ex-OpenAI CTO Mira Murati. Bob McGrew, OpenAI's former chief research officer, and Alec Radford, a key researcher behind the GPT technology, are now advising the startup, as per the company's official website.
Bangladesh Bank Governor Dr Ahsan H. Mansur today announced two major funds to support the country’s startup ecosystem during the ongoing Bangladesh Investment Summit 2025.
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.'
Toyota has made a $500 million investment in Joby Aviation, a California-based startup focused on developing electric air taxis, according to a recent blog post by Toyota.
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.
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.
Optimizely earns 'Great Place To Work' certification, celebrates culture of innovation and employee well-being
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".
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.
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.
