Kathmandu. Fuse Machines Inc., an artificial intelligence (AI) company founded by Nepali, has recently achieved a historic milestone by being listed on the Nasdaq of the US stock market.
Columbia University professor Dr. Founded by Sameer Maskey, the company has embarked on a global journey from Kathmandu to Wall Street in less than a decade. Fuse machines represent the innovation potential of emerging markets. The company is investing heavily in developing cutting-edge AI software and services as well as building skilled workforce in marginalized communities.
Its dual approach to technological excellence and expanding access to AI education has positioned it as an enterprise partner and social impact leader from Nepal to North America.
{{TAG_OPEN_strong_37}Company history and mission{
Fuse Machines was started in 2013 by Dr. Maskey, a professor at Columbia University, with a small team focused on AI research and engineering in Kathmandu. Maskey’s main goal was to democratize AI. That is, bridging the gap between cutting-edge AI and real-world access to ensure its reach in developing countries.
Headquartered in New York, the company has expanded its engineering operations in Nepal, serving customers in North America. It focused on employing local graduates and conducting talent enhancement programs.
By 2025, Fuse Machines will have operations in the United States, Canada, Nepal, Dominican Republic, Bangladesh and Rwanda with more than 400 employees. On October 23, Fuse Machines became the first Nepal-led AI company to be publicly traded on Nasdaq. This is an important achievement for the Nepalese technical sector and the international community.
Main functions and products
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Fuse Machines focuses on two interrelated pillars: AI solutions for enterprises and AI education for talent development. A unified platform for quickly designing, deploying, and scaling AI models and analytics. Image, language and business process automation are action-oriented modules.
The company provides end-to-end AI consulting and delivery services for the finance, healthcare, retail, and government sectors. The company’s social mission is furthered through the Fuse Machines AI Fellowship. It is a six-month-long skill enhancement programme. It is usually free for participants from economically disadvantaged backgrounds. It produces technical experts for the job market in Nepal and the world.
Leadership and Values
Maskey is the CEO of the company. Diversity is a priority in the company’s values. The team consists of 40 per cent women and 95 per cent local talents. Inclusion programs are ongoing.
The success of Fuse Machines has set a global benchmark for tech startups in emerging markets. Its model proves that entrepreneurship innovation and social inclusion can complement each other, not rival each other. It has enhanced Nepal’s international technological reputation and exposed future prospects for investment and talent uplift.
Company’s Upcoming Plan
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The company plans to use the capital raised after listing on Nasdaq to further expand its products. The company plans to scale the AI fellowship program to more countries and topics, with the expansion of AI products to automate the business in more countries.
The company also plans to invest in research and development in new AI rural areas, language systems, and healthcare analytics. “Our mission is to democratize AI,” Maskey said, “to bring opportunity, innovation and jobs to millions more people.” ’
