China Summons Nvidia Over ‘Backdoor Security’ Risks of A.I. Chips
[The move came two weeks after the Trump administration reversed course to allow Nvidia to sell the coveted artificial intelligence chips in China.
Canada to recognize State of Palestine at UN meeting in September
Listen to article Canada plans to recognize the State of Palestine at a meeting of the United Nations in September, Prime Minister Mark Carney announced on Wednesday, ratcheting up pressure on Israel as starvation spreads in Gaza. The announcement came after France said last week it would recognize a Palestinian state and a day after Britain said … Read more
Meta to double AI investment with $72b in 2025, eyes 2026 growth
Meta will channel between $66 billion and $72 billion into AI infrastructure in 2025, nearly doubling its prior year’s investment, according to its second-quarter earnings report released July 30. The spending will focus on expanding data centres and servers to fuel its artificial intelligence ambitions. The company forecasts a $30 billion increase in capital expenditure … Read more
PSX surges 1,563 points as Trump announces trade deal with Pakistan
[ The Pakistan Stock Exchange (PSX) surged on Thursday following the announcement of a trade agreement between Pakistan and the United States, which includes joint development of Pakistan’s oil reserves. The benchmark KSE-100 index gained 1,563.78 points, or 1.13%, during intra-day trading to reach 139,976.03, up from the previous close of 138,412.25. Read: Pakistan, US seal … Read more
Russian Missile and Drone Attack Pummels Kyiv, Killing at Least 6
The assault came soon after President Trump threatened new sanctions against Moscow if the bloodshed didn’t let up.
CJ contacts Omar over May 9 trial concerns
Listen to article ISLAMABAD: As the fate of dozens of Pakistan Tehreek-e-Insaf (PTI) lawmakers hangs in the balance, Chief Justice of Pakistan (CJP) Yahya Afridi has taken cognisance of a letter written to him by Opposition Leader Omar Ayub, who urged the country’s top judge to ensure fair trials in the May 9 cases. The CJP opted … Read more
25 Hospitalized After Delta Flight Is Hit by Strong Turbulence
[The flight, which was taking 275 passengers from Salt Lake City to Amsterdam, made an emergency landing in Minneapolis on Wednesday evening, the airline said.
China calls for more engagement with US
BEIJING: China’s Foreign Minister Wang Yi on Wednesday called for more engagement with the United States, and warned against confrontations between the two global powers, according to a statement from the Chinese foreign ministry. Wang made the comments during a meeting in Beijing with a delegation of US businesses that include executives from Goldman Sachs, … Read more
Thailand and Cambodia Reach Trump Trade Deals, U.S. Official Says
[Senior officials from both countries say they were still waiting to hear final details on the deals after comments by the U.S. commerce secretary, Howard Lutnick.
Hezbollah refuses to disarm
BEIRUT: Hezbollah leader Naim Qassem said on Wednesday that those demanding its disarmament were “serving” Israeli goals and accused US envoy Tom Barrack of “intimidating” Lebanon. In a televised address marking the first anniversary of the targeted killing by Israel of senior commander Fuad Shukr, Qassem said “anyone calling today for the surrender of weapons, … Read more