US stocks mixed as oil prices surge amid US-Iran tensions
US stock markets showed mixed performance on Wednesday as oil prices surged due to increased tensions between the US and Iran.
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Startups
PM Shehbaz Urges National Innovation Ecosystem for Robotics
Prime Minister Shehbaz Sharif urges all stakeholders to join a unified national innovation ecosystem, focusing on indigenous robotics technology and inclus
US to Invest $5bn in AI for Scientific Research
The Trump administration announces a significant investment in artificial intelligence (AI) for scientific research, targeting chronic diseases and drug di
Germany approves French-Russian nuclear project
German authorities have given the green light to a joint French-Russian nuclear project despite security fears.
US Senator Reveals $37.5bn Cost of Iran War
US defense secretary Pete Hegseth discloses the high costs of the ongoing conflict with Iran as lawmakers express outrage.
TSMC Set to Hike Chip Prices by Up to 10% in 2027
Taiwan Semiconductor Manufacturing Company (TSMC) plans a price increase for chip production, affecting major tech companies and potentially raising device
Pakistani Universities Urged to Foster Entrepreneurship for Job Creation
Pakistan’s universities are urged to foster entrepreneurship among graduates to address employment challenges and drive economic growth.
Moonshot AI launches Kimi K3 chip, rivals OpenAI and Anthropic
Chinese AI startup Moonshot AI has launched its next-generation Kimi K3 model on July 17, offering performance comparable to leading models from…
Moonshot AI seeks Hong Kong listing to narrow China’s AI gap
Beijing-based Moonshot AI plans Hong Kong IPO to narrow China’s AI technology gap.
Moonshot AI Welcomes Musk Challenge
Chinese AI startup Moonshot AI welcomes competition from Tesla CEO Elon Musk and reports that 70% of its revenue now comes from…
Sony Music Files Another Lawsuit Against Udio for AI Song Copying
Sony Music has filed another lawsuit against the AI music generator Udio, alleging illegal copying of over 30,000 songs from major artists.
UK Prime Minister Andy Burnham Names New Cabinet Members
Andy Burnham appoints John Healey as finance minister, Ed Miliband as foreign secretary, and Wes Streeting as defence secretary in his reshaped…
Microsoft signs multibillion-dollar deal with French AI firm Mistral
US tech giant signs multibillion-dollar deal with European AI developer.
Chinese AI Company Z.AI Completes Gigawatt Data Center Using Only Domestic Chips
Chinese AI company Z.AI completes a 1GW data center using only domestically made chips, aligning with China’s push to reduce reliance on…
Habib-ZKB-EA JV Secures Rs. 8.9 Billion Bid for New Cricket Stadium in Islamabad
Habib-ZKB-EA has been selected as the successful bidder for Pakistan’s largest proposed cricket stadium, with a bid of Rs. 8.9 billion.
Chinese AI Models Spark Global Tech Concern
Two Chinese AI companies unveiled models that could challenge US tech dominance, causing market reactions and prompting policymakers to call for increased
LG Monitors Secretly Install Unwanted Apps, Spark Privacy Concerns
LG is facing criticism for secretly installing unwanted apps on users' PCs through its monitors, raising privacy concerns.
Finance Minister Discusses Refinery Upgrades with U.S. Firm
Pakistan's Finance Minister meets Honeywell Technologies in Washington D.C., discussing modernization of the country’s refinery sector to improve fuel qual
Finance Minister Meets Honeywell to Discuss Refinery Modernization
Pakistan's Finance Minister Muhammad Aurangzeb met with Honeywell to discuss modernizing and expanding the country’s refinery sector, aiming to enhance dom
Canva Suggests National Design Competition to Rebrand PIA
Cloud-based design firm Canva suggests a nationwide competition to redesign Pakistan International Airlines (PIA) with substantial prize money.