Category: TECH & STARTUP

Stay ahead of the curve with our Tech & Startup category. Get bite-sized (under 80 words) authentic tech news you can trust. Discover disruptive innovations, funding rounds, and industry trends shaping the future, all delivered fast.

US bans Kaspersky over security risk from Russia

The US government has banned the sale of Kaspersky antivirus software, citing national security concerns due to the company’s Russian base. The ban starts July 20, with support for existing customers ending September 29. Commerce Secretary Gina Raimondo urged Americans to switch to alternative providers immediately. The move follows a 2017 ban on Kaspersky for federal agencies. Kaspersky serves over 400 million individual and 240,000 corporate clients globally, including critical US infrastructure organizations. Daily Star

22 June 2024

Nvidia, the world’s most valuable company

Nvidia, founded in 1993, has become the world’s most valuable company with a market cap of $3.34 trillion. Initially focused on GPUs for gaming, Nvidia’s technology has become crucial for AI development. The company’s success is driven by its dominance in the discrete GPU market and the increasing demand for AI processing power. Nvidia’s stock has tripled in 2024, reflecting its pivotal role in the AI industry and continued technological innovations. Daily Star

21 June 2024

OpenAI co-founder to launch new AI company

Ilya Sutskever, co-founder and former chief scientist at OpenAI, has launched a new AI company called Safe Superintelligence. The company, based in Palo Alto and Tel Aviv, aims to create a safe AI environment amidst the generative AI boom. Sutskever is joined by former OpenAI researcher Daniel Levy and Apple’s former AI lead Daniel Gross as co-founders. His departure from OpenAI followed the dramatic firing and rehiring of CEO Sam Altman last year. Reuters

20 June 2024

How social media has transformed Eid celebrations in Bangladesh

Social media has transformed Eid celebrations in Bangladesh, bringing people together virtually. Platforms like Facebook, Instagram, and WhatsApp have become digital spaces for exchanging greetings, sharing festive moments, and promoting community initiatives. From personalised wishes with visuals to Eid-themed filters and engagement posts, social media captures the joy and unity of the festival. It has also enabled fashion influencers to showcase their Eid looks and recipes for traditional delicacies to be shared widely, blending tradition with modern connectivity during the celebrations.

19 June 2024

Nvidia CEO Jensen Huang’s net worth soars to $119 billion, up 2280% in 5 years

Jensen Huang, Nvidia’s CEO, has become the 11th richest person globally with a net worth of $119 billion, thanks to an AI-driven surge that made Nvidia the world’s most valuable public company. Huang’s wealth increased by over $4 billion as Nvidia’s shares rose 3% on June 18. The company executed a stock split, reducing its share price below $130 after trading above $1,200.  HindustanTimes

19 June 2024

Nvidia eclipses Microsoft as world’s most valuable company

Turkey secured a thrilling 3-1 victory over debutants Georgia in their Euro 2024 opener on Tuesday. Real Madrid’s Arda Guler scored a brilliant goal, while Mert Muldur and Kerem Akturkoglu were also on the scoresheet for Turkey. Georges Mikautadze had briefly equalized for the brave Georgians, who impressed despite the defeat at a rain-soaked Westfalenstadion in Dortmund.

19 June 2024

Meet LignoSat, the world’s first wooden satellite

Researchers have unveiled LignoSat, the world’s first wooden satellite made primarily from magnolia wood. Set to launch in September 2024, this innovative project aims to test the potential of wood as a sustainable material for space applications. Unlike metal satellites, LignoSat is designed to burn cleanly upon re-entry, reducing space debris and promoting eco-friendly practices in space exploration.

18 June 2024

Microsoft to invest $3.2 bn in AI in Sweden

Microsoft announced its biggest investment in Sweden, pledging to invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure. The company will train 250,000 people by 2027 to boost AI knowledge, increase capacity at its three Swedish data centers, and provide over 20,000 GPUs for AI model training. Microsoft cited Sweden’s forward-looking energy policy and access to green energy as key reasons for the investment, aimed at building world-leading AI data center infrastructure. File Photo

14 June 2024

Apple seems to have persuaded OpenAI to work for exposure

At WWDC 2024, Apple announced a partnership with OpenAI to integrate ChatGPT’s GPT-4o model into iOS 18 and other operating systems for AI-powered features like Siri assistance and writing tools – without any payment to OpenAI. Apple sees giving OpenAI exposure to its massive user base as valuable compensation. The company also aims to offer other AI models like Google’s Gemini and Anthropic’s Claude in the future. Apple.

13 June 2024

ChatGPT helps 89-year-old Japanese app developer learn programming

An 89-year-old Japanese retiree, Tomoji Suzuki, has developed 11 free iPhone apps tailored for the elderly, crediting ChatGPT as his “programming mentor.” His latest app helps seniors remember essentials before leaving home. With Japan’s rapidly aging population, Suzuki’s apps address the specific needs of the elderly, leveraging his coding skills acquired later in life.  Image: AFP

12 June 2024

Musk threatens to ban Apple devices at his companies

Elon Musk has threatened to ban Apple devices at his companies unless Apple integrates OpenAI at the operating system level, citing security concerns. Musk, who owns Tesla, SpaceX, and X (formerly Twitter), said visitors will have to store their Apple devices in a Faraday cage upon entry. This move comes amid Musk’s ongoing legal battle with OpenAI and his efforts to develop an alternative AI system through his startup xAI. X

11 June 2024

Grameenphone launches latest episode of Lumière featuring Rezwana Choudhury Bannya

Grameenphone’s Lumière series spotlights luminary Rezwana Choudhury Bannya, celebrated for preserving and promoting Rabindra Sangeet. The episode offers an intimate look into Bannya’s life, philosophy, artistic journey, passion for music, experiences at Shantiniketan, and profound influence on Bangladesh’s cultural landscape. Hosted by Nabila Khalid, it aims to inspire youth through candid conversations unveiling lesser-known facets of remarkable individuals shaping the nation’s fabric.

11 June 2024

Apple finally unveils its own AI: Meet, Apple Intelligence

Apple has unveiled “Apple Intelligence,” its new AI suite, at WWDC 2024, aiming to catch up with rivals. The on-device AI features, including a revamped Siri, will enhance user experience across apps while ensuring privacy. Apple has introduced a “Private Cloud” and “semantic index” for cloud-based AI processing and personal data retrieval, respectively, with independent verification of privacy claims. Apple finally unveils its own AI

11 June 2024

Apple AI, new Siri, iOS 18 and more: Everything Apple just announced

Apple unveiled Apple Intelligence, its first AI system, integrating generative models into iPhone, iPad, and Mac for capabilities like image generation and text summarization. It will debut on iPhone 15 Pro, iPads, and Macs with M1 chips or newer. Siri also received an AI upgrade, appearing as a pulsating light on device edges. With large language models, Siri will better understand queries, manage follow-ups, and locate specific information like emails or photos of friends. Image: Apple.

11 June 2024

New ‘Doom’ game coming in 2025

id Software and Bethesda Softworks have announced “Doom: The Dark Ages”, the latest entry in the popular Doom video game series. Directed by Hugo Martin, this medieval fantasy-themed first-person shooter will launch in 2025 for PlayStation 5, Windows, and Xbox Series X/S. A prequel to previous Doom games, it explores the origins of the Doom Slayer in a kingdom under attack by Hell’s forces. Using modern graphics, it promises new weapons, enemies, and environments inspired by the Middle Ages, along with single-player and multiplayer modes.Image: Collected

10 June 2024

Mobile calls and internet services to get costlier

In the FY 2024-25 budget, the Finance Minister announced an immediate 5% increase in the supplementary duty on mobile phone calls and internet services, raising the total VAT to 20% from 15%. This hike will directly increase the cost of mobile recharges and internet usage for consumers across all socioeconomic classes. The cost of buying a new SIM card has also been raised from Tk 200 to Tk 300, adding to the overall burden on mobile users. Public Domain Pictures

6 June 2024

Nvidia overtakes Apple to become second most valuable company

Nvidia’s shares skyrocketed, propelling its market value past $3 trillion and surpassing Apple to become the world’s second-most valuable company. The surge is driven by soaring demand for its AI chips as tech giants like Microsoft and Google race to dominate the emerging AI technology. Nvidia’s stock has rallied 147% this year, while Apple faces weak iPhone demand and lags in AI integration. Photo: Reuters

6 June 2024

Google offers 10 AI courses for free

Google has introduced a series of microlearning courses covering various aspects of Generative AI, including an introduction to Generative AI, Large Language Models, Responsible AI, Image Generation, Encoder-Decoder Architecture, Attention Mechanism, Transformer Models, BERT, and Image Captioning Models. These courses aim to provide a foundational understanding of Generative AI concepts, techniques, and applications, as well as hands-on experience with Google’s tools for developing Generative AI applications. Learners can earn skill badges by completing the courses and passing the final quizzes. Photo: Reuters

3 June 2024

AMD unveils next gen Ryzen 9000 series Zen5 and Ryzen 5000XT series desktop processors at Computex 2024

AMD unveiled its next-generation Ryzen 9000 Series desktop processors, codenamed Granite Ridge, featuring Zen5 architecture and support for PCIe 5.0 and DDR5 memory. The flagship Ryzen 9 9950X boasts 16 cores, 5.7GHz boost, and promises the fastest consumer desktop performance. AMD also introduced the Ryzen 5000XT Series with upgraded 5900XT and 5800XT models for the AM4 platform. The new X870E and X870 chipsets bring PCIe 5.0, DDR5, and USB4 support. These processors are set for a July 2024 release, targeting DIY enthusiasts and system integrators. Photo: AMD

3 June 2024

Tesla recalls over 125,000 vehicles in US

Tesla is recalling 125,227 vehicles in the US due to a seat belt warning system malfunction that could increase collision injury risk. The affected models include certain 2012-2024 Model S, 2015-2024 Model X, 2017-2023 Model 3, and 2020-2023 Model Y. Tesla will release an over-the-air software update in June to fix the issue by relying solely on the driver’s seat belt buckle and ignition status for warning signals.  Image: Tesla official website

2 June 2024

Nvidia expected to surpass Apple as the world’s second-most valuable company

Nvidia is set to surpass Apple as the world’s second-most valuable company, thanks to the rapid adoption of AI applications that heavily rely on Nvidia’s high-end chips. Nvidia’s stock has nearly tripled in value over the past year, reaching a $2.68 trillion market cap, while Apple has grappled with weak iPhone demand and competition, slipping to third place with a $2.92 trillion valuation. Nvidia’s ability to capitalize on growth waves like gaming, crypto, and now AI has fueled its explosive growth, positioning it as a pivotal driver of the U.S. stock market’s record highs. Image: Reuters

1 June 2024

Over 2500 internal documents leaked, Google confirms

Google has confirmed the authenticity of leaked internal documents suggesting it collects and potentially uses data like clicks and Chrome user data for its search ranking algorithm, contrary to previous claims. The leak provides unprecedented insights into Google’s closely guarded practices, fueling debates around transparency and fairness in the tech giant’s operations. While Google cautions against drawing definitive conclusions, the revelations have significant implications for the SEO, marketing, and publishing industries heavily impacted by Google’s search decisions.  Image: Christian Wiediger/Unsplash

30 May 2024

Elon Musk’s AI startup xAI now worth $24 bln

In a significant move, Elon Musk’s AI startup, xAI, has raised a staggering $6 billion in Series B funding, valuing the company at $24 billion post-money. Backed by prominent investors like Andreessen Horowitz and Sequoia Capital, the funds will be utilized for launching initial products, developing infrastructure, and accelerating research and development. xAI has already released Grok, a conversational AI chatbot, and PromptIDE, an IDE for prompt engineering. Illustration: Tech & Startup Desk

28 May 2024

Elon Musk plans supercomputer to power xAI’s Grok: report

Elon Musk’s AI startup xAI is reportedly planning to build a massive supercomputer, four times larger than current GPU clusters, to power the next version of its chatbot Grok. Musk aims to get the supercomputer, potentially developed in partnership with Oracle, running by fall 2025. It would utilize Nvidia’s H100 GPUs, with Musk stating Grok 3 and beyond will require 100,000 of these powerful chips.

26 May 2024

24 teams participate in sustainable development competition

24 Bangladeshi youth teams pitched community solutions addressing climate change and gender equality at the GenU imaGen Ventures Youth Challenge 2023-24. Teams Storm Troopers and Noibeddo, with vertical farming and tea waste recycling projects respectively, were selected as top teams. They will represent Bangladesh at the global challenge, competing for seed funding, after last year’s winner ‘BD Highway Turbine’ made the global top 10.

26 May 2024

Bangladeshi robotics team wins Gold medal at WSCEEC 2024

Team Atlas, a Bangladeshi student robotics team, won the Gold Medal in the Technology category at the World Science Environment and Engineering Competition (WSCEEC) 2024 in Indonesia. The team comprised students from BRAC University, Nirjhor Cantonment Public School and College, Dawood Public School and College, and Dhaka College. Their water cleaning technology impressed the judges, and they plan to further improve the robot based on the feedback received at the competition. Photo: Team Atlas

20 May 2024

Moon may contain more ice than past estimations: study

A recent study by Indian and US space scientists suggests there may be 5 to 8 times more sub-surface water-ice in the first couple of meters of the moon’s polar craters than previously estimated. This ice could be crucial for future moon missions and human presence. The study was conducted by researchers from ISRO, IITs, and US institutions like USC and JPL, after India’s successful unmanned moon mission landed in the lunar south pole region last year. . Image: for illustrative purpose

2 May 2024