Author: i2wtc
The Pakistan Army team has won a gold medal at the prestigious Exercise Cambrian Patrol 2025, held in Wales, United Kingdom, from October 3 to 13. This year marked the 66th edition of the globally renowned military competition. According to the Inter-Services Public Relations (ISPR), the exercise maintained its highly demanding professional standards, testing the endurance, tactical skills, and teamwork of participating patrols from around the world. Teams were required to navigate 60 kilometers of difficult and inhospitable terrain within 48 hours, completing a series of specialised military tasks in a contested environment that simulated real combat conditions. A total…
Kicking off the week with a bang, OpenAI announced another massive data center buildout partnership. This time with Club name and custom semiconductor industry leader Broadcom. Shares of Broadcom soared as much as 10.7% on Monday after the two companies revealed that they have been working for 18 months on custom-designed chips optimized for inference, the process of running AI models on a day-to-day basis. Deployment of 10 gigawatts of the co-designed chips, which will be networked through Broadcom’s Ethernet stack, is set to start late next year. Broadcom stock has gained roughly 54% year to date. The news is the…
The Punjab government has once again pushed local government elections into uncertainty by rushing through a new law, the Punjab Local Government Act 2025, just as the Election Commission of Pakistan had begun delimitations under the existing 2022 law. The ECP had already notified its schedule for delimitations at the union council level under the Punjab Local Government Act 2022 and commenced groundwork across the province. According to the commission’s plan, preliminary delimitations will be completed by October 31, displayed publicly on November 1, followed by objections until November 16 and final publication on December 8. The ECP had also set up…
The entrance to NASA’s Jet Propulsion Laboratory in Pasadena, California, is seen on February 7, 2024. Robyn Beck | AFP | Getty ImagesThe Jet Propulsion Laboratory unit of NASA said Monday that it will lay off about 550 employees — 11% of JPL’s workforce — as part of a restructuring.The job cuts “are not related to the current government shutdown,” JPL Director Dave Gallagher said in a message to the unit that was posted on the lab’s website.JPL is a research and development lab funded by NASA — the federal space agency — and managed by the California Institute of…
A salesperson (left) shows vehicles to a shopper at a Toyota dealership.Getty ImagesDETROIT — Look no further than the automotive industry for the latest indication that U.S. consumers could be facing a “K-shaped” economy, where the wealthy keep seeing gains while those who have lower incomes struggle.The average price paid for a new vehicle last month topped $50,000 for the first time ever, Cox Automotive’s Kelley Blue Book reported Monday. Meanwhile, auto loan delinquency rates remain near all-time highs for those with low credit ratings.Consumers who can afford a new vehicle are on a buying spree, while those on tighter…
Heightened tensions along the Pakistan-Afghanistan border over the weekend sent shockwaves through financial markets, sparking panic at the Pakistan Stock Exchange (PSX) on Monday. Investor sentiments took a sharp hit, with the benchmark KSE-100 index nosediving over 4,500 points in a single trading session amid mounting fears of regional instability. Stocks suffered downturn by losing 4654 points and settled at 158,443.The market rout followed reports of deadly overnight clashes along the Pakistan-Afghanistan border, where at least 23 Pakistani soldiers were martyred and over 200 militants killed in an attack reportedly launched from Afghan territory, according to the Inter-Services Public Relations…
Jaque Silva | Nurphoto | Getty ImagesCharlie Kawwas, president of the semiconductor solutions group at Broadcom, on Monday said that OpenAI is not the mystery $10 billion customer that it announced during its earnings call in September.Kawwas appeared on CNBC’s “Squawk on the Street” with OpenAI’s president, Greg Brockman, to discuss their plans to jointly build and deploy 10 gigawatts of custom artificial intelligence accelerators.The deal was largely expected after analysts were quick to point to OpenAI as Broadcom’s potential new $10 billion partner. But after the companies officially unveiled their plans on Monday, Kawwas said OpenAI does not fit…
Chaos gripped Muridke on Monday following violent clashes between Tehreek-i-Labbaik Pakistan supporters and police as conflicting reports emerged over the whereabouts and condition of TLP chief Saad Rizvi. Police have registered a terrorism case against leaders and workers of TLP following violent clashes in Muridke that left a police officer dead and several vehicles damaged. According to a First Information Report (FIR) filed at the Muridke City Police Station, TLP activists allegedly attacked a police party during protests, resisted official duty, and engaged in widespread rioting. The case has been registered under multiple serious charges, including Sections 6 and 7 of…
CNBC’s Jim Cramer said Monday that Wall Street is a land divided — with three distinct markets existing under the surface that are all behaving differently. “We’ve got a speculative market, and then we’ve got a market that is keying on tech, and then we’ve got a regular market that isn’t doing anything,” Cramer said on “Squawk on the Street,” shortly before the opening bell. The major U.S. averages opened higher and are having a strong day, bouncing back from Friday’s sell-off on revived fears of a U.S.-China trade war. Monday is a particularly active day for what Cramer sees…
Salesforce CEO Marc Benioff speaks at the Dreamforce conference in San Francisco on Sept. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesSalesforce is adding voice to its Agentforce software, letting clients go beyond text when using artificial intelligence agents to respond to customer questions.With Agentforce Voice, companies can customize the tone and speed of voices and adjust the pronunciation of specific terms, Salesforce said Monday, ahead of its Dreamforce conference in San Francisco this week. The feature also allows people to interrupt the AI agent during phone calls.Voice is becoming a bigger part of the generative AI boom, which…