Author: i2wtc
The leadership of Pakistan Tehreek-e-Insaf has confirmed that Khyber-Pakhtunkhwa Chief Minister, Ali Amin Gandapur will be removed from the office. A decision, in this regard, has been taken by the party founder, Imran Khan. Sohail Afridi has been nominated as Gandapur’s successor. Speaking to reporters outside Adiala Jail on Wednesday, PTI Secretary General Salman Akram Raja said the decision had been finalised. “It is true that Ali Amin Gandapur is being removed from the chief ministership. Sohail Afridi has been nominated as the new chief minister of Khyber-Pakhtunkhwa (K-P),” Raja told journalists. Raja said, Imran Khan has personally explained ‘the…
Nvidia CEO Jensen Huang said Wednesday that the U.S. is “not far ahead” of China in the artificial intelligence race, and that the country needs a “nuanced strategy” to stay on higher ground.Huang has been walking a tense line between the two countries and has praised China’s AI models, including DeepSeek, Alibaba, and Baidu. Although U.S. models remain more advanced, China’s open-source models are “well ahead,” Huang said.The CEO courted China in July with several trips following U.S. chip restrictions and warned that Chinese chip systems from companies like Huawei should not be discounted.President Donald Trump spoke to Chinese President…
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks next to Senator Brian Schatz (D-HI) and Senator Amy Klobuchar (D-MN) during a press conference at the U.S. Capitol on the third day of a partial government shutdown, on Capitol Hill in Washington, D.C., U.S., Oct. 3, 2025. Nathan Howard | ReutersThe Senate is set to vote again on Wednesday on competing Republican and Democratic funding proposals to end the government shutdown, which stretched into its eighth day with no hint of progress toward a resolution.The dueling stopgap measures will be the final two in a series of three votes that were…
Nvidia CEO Jensen Huang believes that America refocusing on energy growth will not only help the U.S. win on artificial intelligence but also fuel continued economic growth. Jim Cramer says he has the power stock to own, which has found itself at the heart of providing solutions to companies looking to generate more energy to meet booming demand for AI computing. During the Investing Club’s October Monthly Meeting , Jensen told Jim that “without energy growth, there is no industrial growth, without industrial growth, there’s no stock price growth, there’s no economic growth, there’s no national security.” It’s increasingly clear…
ISLAMABAD: Pakistan has finalised a $3.5 billion financing agreement with six major international financial institutions for the development of the historic Reko Diq mining project in Balochistan – a milestone for one of the country’s most significant mineral ventures. According to official sources, the financing package includes commitments from leading global lenders such as the US EXIM Bank, Asian Development Bank, International Financial Institutions, International Development Association, and the European Bank. The agreement was signed by the project sponsors, the federal government and Barrick Gold Corporation, while final approval from the lenders’ boards remains pending. Once cleared, the disbursement process…
Former FBI Director James ComeyAlex Edelman | AFP | Getty ImagesFormer FBI Director James Comey pleaded not guilty on Wednesday morning to federal criminal charges in Virginia that President Donald Trump had sought.A judge set Comey’s trial to begin on Jan. 5.Comey’s plea came as he made his first appearance in the case, where he is accused of making a false statement, and of obstruction of a congressional proceeding during testimony to a Senate committee in 2020.Comey was arraigned in U.S. District Court in Alexandria, where his defense attorney, Patrick Fitzgerald, said that Comey wanted a jury trial.Two federal prosecutors…
Bank of England, the Royal Exchange and the statue of the Duke of Wellington in the City of London on 19th February 2025 in London, United Kingdom.Mike Kemp | In Pictures | Getty ImagesThe Bank of England on Wednesday warned that the risk of a “sharp market correction” has increased, noting that valuations appear stretched, particularly for artificial intelligence-focused tech firms. The central bank becomes the latest in a long list of banks and investors to weigh in on whether an AI bubble is forming as markets tick into the fourth quarter. Heightened geopolitical tensions, fragmented trade and financial markets and pressures…
This photo taken with a mobile phone on Oct. 2, 2025 shows a view of the China’s Huangyan Dao national nature reserve in the South China Sea. (Xinhua)An aerial drone photo taken on Oct. 2, 2025 shows a view of the China’s Huangyan Dao national nature reserve in the South China Sea. (Xinhua)An aerial drone photo taken on Oct. 2, 2025 shows a view of the China’s Huangyan Dao national nature reserve in the South China Sea. (Xinhua)An aerial drone photo taken on Oct. 2, 2025 shows a view of the China’s Huangyan Dao national nature reserve in the South…
ISLAMABAD: Pakistan has informed the International Monetary Fund (IMF) that the power sector will bleed another Rs535 billion in losses during the current fiscal year – 35% higher than last year – due to inefficiencies and under-recovery of electricity bills, as it continues to resist an ambitious circular debt reduction target. Bringing the flow of circular debt to zero may again remain a dream under the 25th IMF bailout programme, a target Pakistan had first committed to achieving over 12 years ago under the 22nd programme. The Power Division informed the IMF that Rs505 billion may be added to the…
Nvidia CEO Jensen Huang said Wednesday that he’s surprised Advanced Micro Devices offered 10% of itself to OpenAI as part of a multibillion-dollar partnership announced earlier this week.”It’s imaginative, it’s unique and surprising, considering they were so excited about their next generation product,” Huang said in an interview with “CNBC’s Squawk Box.” “I’m surprised that they would give away 10% of the company before they even built it. And so anyhow, it’s clever, I guess.”OpenAI and AMD reached a deal on Monday, with OpenAI committing to purchase 6 gigawatts worth of AMD chips over multiple years, including its forthcoming MI450…