Author: i2wtc
China is focusing on large language models in the artificial intelligence space.Blackdovfx | Istock | Getty ImagesIt’s well known that Chinese semiconductors designed for artificial intelligence cannot compete with the American firm Nvidia. Yet, China has managed to continue developing highly advanced AI models, with many being run on homegrown chips.China’s secret? A plethora of cheap energy and giant chip clusters from the China’s tech champion Huawei that are underpinning AI advances in the country’s race against the U.S.”China is striving for self-sufficiency across the AI stack, as it sees AI as a strategic technology for national and economic security,”…
Guardians can open and fully manage trading accounts for minors, handling all instructions and activities The Pakistan Stock Exchange, in collaboration with the National Clearing Company of Pakistan Limited and the Central Depository Company, has announced comprehensive guidelines for opening trading accounts for minors. As per guidelines, a guardian may open a trading account on behalf of a minor and the authority to operate the account will rest exclusively with the guardian, who will handle all trading instructions and related activities. Developed in consultation with the Securities and Exchange Commission of Pakistan (SECP), the initiative aims to promote financial inclusion…
Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results that beat analysts’ estimates for revenue and offered rosy guidance.Here’s how the company did based on average analysts’ estimates compiled by LSEG:Earnings per share: $2.21 vs. $2.34 cents expectedRevenue: $4.10 billion vs. $4.08 billion expectedRevenue increased 10% from $3.73 billion during the same period last year. The company reported net income of $1.374 billion, or $2.21 per share, up slightly from $1.368 billion, or $2.13 per share, a year earlier.For the fourth quarter, Airbnb said it expects to report revenue of $2.66 billion…
Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025. Shelby Knowles | Bloomberg | Getty ImagesPresident Donald Trump on Thursday struck landmark deals with Eli Lilly and Novo Nordisk to slash the prices of their blockbuster weight loss drugs. Under the agreements, the monthly out-of-pocket cost of popular injections and upcoming pills could range from $50 to $350 starting next year, depending on the dosage and insurance coverage a patient has, Trump administration officials said. Existing GLP-1s, including Eli Lilly’s obesity injection Zepbound and Novo Nordisk’s competitor Wegovy, carry list prices above $1,000 a month, which has prevented…
Corporate investment into artificial intelligence totaled over $250 billion last year as companies raced to develop intelligence-fueled products and services. That spend kept pace this year and is only expected to increase further as Big Tech firms like Meta , Alphabet and Microsoft vie for the AI dominance and pour more cash into the technology. While these U.S. mega-caps dominate the conversation, there are countless other companies tend to fly under the radar and yet they play important roles in the AI supply chain. From chipmakers to companies enhancing the longevity of those chips, here are the stocks grabbing investor…
An exhibitor introduces the Orbera365 intragastric balloon system, which is used to assist patients with weight loss, at the Medical Equipment & Healthcare Products exhibition area of the eighth China International Import Expo (CIIE) in east China’s Shanghai, Nov. 6, 2025. (Xinhua/Liu Ying)SHANGHAI, Nov. 6 (Xinhua) — The eighth China International Import Expo (CIIE), which opened in Shanghai on Wednesday and will last till Nov. 10, showcases advanced equipments, cutting-edge technologies and innovation products in fields such as science and technology, manufacture and medical industry.A visitor tries an XR device at the Intelligent Industry and Information Technology exhibition area of…
Draft proposes Constitutional Court, lifetime Field Marshal post, and higher judges’ age limitPM Shehbaz Sharif addressing the national assembly in Islamabad. Photo: NAofPakistan/Twitter The federal government has finalised an initial draft of the 27th Constitutional Amendment, with Prime Minister Shehbaz Sharif having consulted coalition partners on the proposal. Following its approval in tomorrow’s federal cabinet meeting, the amendment bill is set to be presented in the Senate. Details of the proposed draft have been obtained by Express News. According to the initial draft of the amendment, sources said that a nine-member constitutional court will replace the existing constitutional bench in…
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025.Courtesy: TeslaTesla said shareholders voted in favor of CEO Elon Musk’s almost $1 trillion pay plan, with 75% support among voting shares.Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors Glass Lewis and ISS recommended voting against it.Results of the vote were announced on Thursday at the company’s annual shareholders meeting in Austin, Texas.A separate proposal called for Tesla to be able to invest in xAI, Musk’s artificial intelligence startup formed in March 2023 to compete with OpenAI.…
Supplemental Nutritional Assistance Program (SNAP) signage at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty ImagesA federal judge on Thursday ordered the Trump administration to pay full SNAP benefits for November by Friday, rejecting the administration’s plan to partially fund that food stamp program for 42 million Americans during the U.S. government shutdown.”People have gone without for too long,” Judge Jack McConnell said during a hearing in U.S. District Court in Rhode Island as he issued the order requiring the administration to tap funding sources it had ruled as being…
Zoom In IconArrows pointing outwardsCourtesy of Built TechnologiesA version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.If you rent an apartment, you’ve probably “talked” to an AI agent to help get your leaky toilet fixed. But what if you’re a builder making a request for funds from your lender? That’s a much more complicated process — and there’s…