Author: i2wtc

OpenAI has signed a deal to buy $38 billion worth of capacity from Amazon Web Services, its first contract with the leader in cloud infrastructure and the latest sign that the $500 billion artificial intelligence startup is no longer reliant on Microsoft.Under the agreement announced on Monday, OpenAI will immediately begin running workloads on AWS infrastructure, tapping hundreds of thousands of Nvidia’s graphics processing units (GPUs) in the U.S., with plans to expand capacity in the coming years.Amazon stock climbed about 5% following the news.The first phase of the deal will use existing AWS data centers, and Amazon will eventually…

A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. November kicks offToday’s opening bell will mark the start of a new month of trading, and stock futures are higher before the open. The market is coming off a winning October, as momentum from the artificial intelligence trade continues to help buoy stocks.Here’s where things stand to kick off…

Huggies, manufactured by Kimberly-Clark and Band-Aid, manufactured by Kenvue.Getty ImagesKimberly-Clark announced Monday it’s struck an agreement to buy Kenvue in a deal valued at $48.7 billion that would create a consumer staples giant.The deal is a combination of cash and stock. Shares of Kenvue surged 20% in premarket trading Monday, while shares of Kimberly-Clark plunged 14%.The combined company would bring together brands like Huggies and Kleenex with the likes of Band-Aid and Tylenol. It would include 10 billion-dollar brands, the companies said in a news release. The acquisition would be one of the largest on Wall Street this year. The…

A drone photo taken on Jan. 15, 2025 shows the snow scenery of Qilian Mountains in Tianzhu County of Wuwei City, northwest China’s Gansu Province. (Xinhua/Lang Bingbing)LANZHOU, Nov. 3 (Xinhua) — Chinese scientists have conducted a comprehensive assessment of the hillslopes of the Qilian Mountains, a key water source of the Qinghai-Tibet Plateau, providing insights for water resource management and ecological engineering design.This study provides new insights into soil hydrological processes at the hillslope scale in mountainous regions, especially on the Qinghai-Tibet Plateau, with the findings published in the Journal of Hydrology, according to Lanzhou University.Mountainous areas are important water…

Police officers, NADRA workers check the ID cards of Afghan citizens in an Afghan Camp on the outskirts of Karachi, November 21, 2023. PHOTO: REUTERS RAWALPINDI/PESHAWAR: A day after the repatriation resumed, authorities on Sunday intensified their crackdown on illegally residing Afghan nationals and other foreign citizens across Punjab and Khyber Pakhtunkhwa, registering dozens of cases and detaining hundreds of individuals for deportation. In Rawalpindi, police registered 63 cases over the past five days and arrested 18 landlords for renting out properties to Afghan nationals without verification. According to officials, 216 Afghan citizens have been taken into custody and shifted…

Microsoft said Monday it has secured export licenses to ship Nvidia chips to the United Arab Emirates in a move that could accelerate the Gulf’s lofty AI ambitions.The tech giant said it is the first company under U.S. President Donald Trump’s administration to secure such licenses from the Commerce Department and that the approval, granted in September, was based on “updated and stringent technology safeguards.”The licenses enable the firm to ship the equivalent of 60,400 additional A100 chips, involving tech darling Nvidia’s more advanced GB300 GPUs.”While the chips are powerful and the numbers are large, more important is their positive impact across…

ISLAMABAD: Despite surprising outcomes in several divisions, the government-backed Independent Group is expected to retain its dominant position in the bar, maintaining the status quo in favour of the ruling administration. Legal experts believe the Islamabad Bar Council election results could have significant implications for five Islamabad High Court judges — particularly Justice Tariq Mahmood Jahangiri — who are reportedly not in the good books of the current regime. The Independent Group, viewed as the pro-government bloc, secured a majority of seats in both the Islamabad and Khyber Pakhtunkhwa (K-P) bar councils. Meanwhile, the Professional Group, known for opposing the 26th Constitutional…

A modified Long March-7 carrier rocket carrying the Yaogan-46 satellite blasts off from the Wenchang Spacecraft Launch Site in south China’s Hainan Province, Nov. 3, 2025. The satellite was launched at 11:47 a.m. (Beijing Time) and has entered the preset orbit successfully. (Photo by Du Xinxin/Xinhua)WENCHANG, Hainan, Nov. 3 (Xinhua) — China launched a new remote sensing satellite from the Wenchang Spacecraft Launch Site in the southern island province of Hainan on Monday.The Yaogan-46 satellite was launched at 11:47 a.m. (Beijing Time) aboard a modified Long March-7 carrier rocket. It has entered the preset orbit successfully.It will be primarily used…

Police escorting suspected illegal Afghan nationals during government’s campaign to evict illegal foreigner from Pakistan. PHOTO: REUTERS TURBAT: Authorities in Balochistan foiled a major migrant smuggling attempt on Sunday, detaining 29 Afghan nationals during a joint operation by the police and the Federal Investigation Agency (FIA) in Turbat district, officials confirmed. According to police, the operation was conducted on the outskirts of Turbat, where officers intercepted a Land Cruiser packed with people attempting to cross the border illegally into Iran. Among those arrested were 12 men, 13 children and 4 women, along with two drivers accused of facilitating the illegal…

Hundreds flee homes in valley as fierce fighting and mortar shelling leave civilians dead and injured BARA: Hundreds of residents from Khyber District’s Tirah Maidan Valley have been forced to flee their homes amid escalating clashes between security forces and TTP terrorists. Heavy exchange of fire and mortar shelling in populated areas have left several civilians, including women and children, dead or injured, prompting a mass displacement towards Bara and surrounding regions. Local elder Mohammad Rasool Afridi from the Bar Qamberkhel area told The Express Tribune that fierce fighting has engulfed several parts of the valley. “Mortar shells have struck…