Author: i2wtc

From a Hangzhou startup to a global tech powerhouse, uncover the strategies that turned Alibaba into a multi-billion-dollar empire.Alibaba is transforming itself from an e-commerce giant into a global AI powerhouse. The Chinese tech giant has pledged tens of billions of dollars in investment in AI and cloud infrastructure, fueling the development of its own Qwen language models, the Quark AI assistant and ModelScope, an open platform for developers. Strategic partnerships with brands such as BMW and Apple showcase its ambitions beyond China, while AI integration across e-commerce, logistics, finance and media drives growth.  This episode of “Built for Billions” delves into Alibaba’s AI evolution, revealing how the company is quietly positioning itself at the forefront of the global race.This is the…

Describes FCC’s creation as a significant milestone in our national constitutional journeyPresident Asif Ali Zardari administers the oath to Justice Aminuddin Khan as Chief Justice of the Federal Constitutional Court during a ceremony at Aiwan-i-Sadr on Friday. Photo: APP Federal Constitutional Court Chief Justice Aminuddin Khan pledged Friday to uphold the Constitution with “transparency, independence, and integrity,” declaring the protection of fundamental rights the court’s top priority. In his first public message since assuming office, Justice Aminuddin Khan described the FCC’s creation as “a significant milestone in our national constitutional journey” that renews Pakistan’s commitment to the rule of law.…

Startup Figure AI is developing general-purpose humanoid robots.Figure AIFigure AI, an Nvidia-backed developer of humanoid robots, was sued by the startup’s former head of product safety who alleged that he was wrongfully terminated after warning top executives that the company’s robots “were powerful enough to fracture a human skull.”Robert Gruendel, a principal robotic safety engineer, is the plaintiff in the suit filed Friday in a federal court in the Northern District of California. Gruendel’s attorneys describe their client as a whistleblower who was fired in September, days after lodging his “most direct and documented safety complaints.”The suit lands two months…

Spokesperson also says death sentence for Sheikh Hasina is Bangladesh’s internal matter Pakistan has voiced serious concern over the continued use of Afghan territory for terrorist attacks and reaffirmed that its border restrictions and trade suspension with Afghanistan will remain in place. During the weekly press briefing on Friday, Foreign Office spokesperson Tahir Hussain Andarabi said the Afghan Taliban are supporting groups involved in terrorist activities and must prevent Afghan nationals from conducting attacks within Pakistan. He said Afghan territory is consistently being used to carry out terrorism against Pakistan, which is the reason Islamabad suspended trade with Kabul. The…

Six injured are in critical, rescue operation completed with no one remaining under the debrisRescue 1122 teams clear debris from residential houses damaged in a chemical factory explosion in Faisalabad. Photo: INP At least 20 people were killed and several others injured in an explosion at a chemical factory in Faisalabad’s Malikpur area early Friday morning. The blast, which occurred around 6 am, was so powerful that it caused the roofs of six surrounding houses to cave in. Eleven other houses were also damaged. Area residents reached the rubble immediately and began retrieving bodies of the deceased from the debris.…

Concerns about stock valuations in companies tied to artificial intelligence knocked the market around this week. Whether these worries will recede, as they did Friday, or flare up again will certainly be something to watch in the days and weeks ahead. We understand the concerns about valuations in the speculative aspects of the AI trade, such as nuclear stocks and neoclouds. Jim Cramer has repeatedly warned about them. But, in the past week, the broader AI cohort — including real companies that make money and are driving what many are calling the fourth industrial revolution — has been getting hit.…

Three people were killed when the railing of a six-storey building collapsed during the earthquake, police said At least three people were killed and several injured after a magnitude 5.7 earthquake struck Bangladesh on Friday, police said, with buildings damaged in many areas, including Dhaka, the densely populated capital. Tremors were felt in eastern states in neighbouring India that border Bangladesh, but there were no immediate reports of major damage in either country, authorities said. The United States Geological Survey said the earthquake’s epicentre was in the city of Narsingdi, about 40 km (25 miles) east of Dhaka. City residents rushed…

Mug shot of Eric Gillespie, Govini Founder and Chairman.Courtesy: Pennsylvania Attorney GeneralGovini founder Eric Gillespie, who is charged with four felonies, including multiple counts of unlawful contact with a minor, was released on bail.Gillespie, who lives in Pittsburgh, posted a $1 million bond after his court appearance Thursday. He is not allowed to travel, and his passport has been revoked.He was initially denied bail following his arrest on Nov. 7, with the judge citing flight risk and public safety concerns.David Shrager of Shrager Defense Attorneys, who represents Gillespie, insisted that his client did not break any laws.”Mr. Gillespie has never contacted a minor, either…

Interior minister condemns ‘cowardly’ assault that left seven dead in Bannu’s strategic wedgeA police officer stands guard on a street with damaged shops in the background in Bannu Khyber-Pakhtunkhwa. Photo: AFP Seven people were killed and one was injured when armed men affiliated to the banned Tehreek-e-Taliban Pakistan (TTP) attacked a peace committee office in the Haved Daradariz area of Bannu, police said on Friday. Militants stormed the residence and office of peace committee commander Qari Jalil late at Thursday night. The firing resulted in casualties identified as Usama, Faizan, Kamran, Niaz, Wali and Imdad. One of the injured died…

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 bounced back Friday, recovering from the prior session’s sharp losses. The broad-based index, which was still tracking for a nearly 1.5% weekly decline, started off the session a little shaky as Club stock Nvidia drifted lower after the open. It was looking like concerns about the artificial intelligence trade, which have been dogging the market, were going to dominate back-to-back sessions. But when New York…