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  • Startup added a photo
    2026-11-09 04:10:15 -
    Polygon Co-founder Says Nepal Can Turn Hydropower Into AI Computing Power

    Sandeep Nailwal, co-founder of the global blockchain network Polygon, said in Kathmandu today that Nepal can become a regional hub for AI infrastructure and digital payments. He said Nepal can turn its hydropower into AI computing power and sell it over the internet instead of selling cheap electricity.

    He said a compute industry could add a lot to Nepal's economy within two to five years and raise exports by 50 to 100 percent. He met Finance Minister Swarnim Wagle and Nepal Rastra Bank Governor Bishwo Nath Poudel during the visit, and Polygon gave USD 275,000 to the Prime Minister Disaster Relief Fund for flood victims.

    Photo: Florian Hirzinger via Wikimedia Commons (image for representation)
    Source: ePardafas

    #NepalStartups #AI #Hydropower #SandeepNailwal #TechNepal
    Polygon Co-founder Says Nepal Can Turn Hydropower Into AI Computing Power Sandeep Nailwal, co-founder of the global blockchain network Polygon, said in Kathmandu today that Nepal can become a regional hub for AI infrastructure and digital payments. He said Nepal can turn its hydropower into AI computing power and sell it over the internet instead of selling cheap electricity. He said a compute industry could add a lot to Nepal's economy within two to five years and raise exports by 50 to 100 percent. He met Finance Minister Swarnim Wagle and Nepal Rastra Bank Governor Bishwo Nath Poudel during the visit, and Polygon gave USD 275,000 to the Prime Minister Disaster Relief Fund for flood victims. Photo: Florian Hirzinger via Wikimedia Commons (image for representation) Source: ePardafas #NepalStartups #AI #Hydropower #SandeepNailwal #TechNepal
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  • Startup added a photo
    2026-11-06 04:05:46 -
    Nepal plans a Matribhumi Fund for AI factories and a tech hub

    Finance Minister Dr Swarnim Wagle has announced a new sovereign fund called the Matribhumi Fund in the budget for fiscal year 2026/27. It will finance big long-term projects, including dedicated AI factories and fuel storage that can last three months.

    The government also plans to sell part of its shares in Nepal Telecom to the public while keeping a 66 percent controlling stake. The money raised will help build a modern tech hub and update the country's digital landscape.

    Source: Nepal News
    Photo: Pexels

    #NepalStartups #AI #TechHub #MatribhumiFund #NepalTech
    Nepal plans a Matribhumi Fund for AI factories and a tech hub Finance Minister Dr Swarnim Wagle has announced a new sovereign fund called the Matribhumi Fund in the budget for fiscal year 2026/27. It will finance big long-term projects, including dedicated AI factories and fuel storage that can last three months. The government also plans to sell part of its shares in Nepal Telecom to the public while keeping a 66 percent controlling stake. The money raised will help build a modern tech hub and update the country's digital landscape. Source: Nepal News Photo: Pexels #NepalStartups #AI #TechHub #MatribhumiFund #NepalTech
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