Author: i2wtc

Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024.Adek Berry | AFP | Getty ImagesLONDON — Microsoft said on Tuesday that it plans to invest $30 billion in artificial intelligence infrastructure in the U.K. by 2028.The investment includes $15 billion in capital expenditures and $15 billion in its U.K. operations, Microsoft said. The company said the investment would enable it to build the U.K.’s “largest supercomputer,” with more than 23,000 advanced graphics processing units, in partnership with Nscale, a British cloud computing firm. The spending commitment comes as President Donald Trump embarks…

Deputy Prime Minister (DPM) and Foreign Minister (FM) Ishaq Dar has said that Pakistan is a nuclear power and will defend its sovereignty at all costs if attacked, regardless of which country is responsible. In a special interview with Al Jazeera in Doha on the sidelines of the Arab-Islamic emergency summit, Dar described the recent Israeli strike on Qatar as a grave action against international law, the UN Charter, and the sovereignty of Muslim countries. He warned that if the Muslim world limits itself to statements alone, countries representing 2 billion Muslims will appear to have failed in the eyes…

Waymo partners with Uber to bring robotaxi service to Atlanta and Austin.Uber Technologies Inc.Alphabet-owned Waymo obtained a permit to start testing its robotaxis at San Francisco International Airport, San Francisco Mayor Daniel Lurie and the company announced on Tuesday.Waymo will partner with the airport to roll out its commercial robotaxi service in phases, “beginning with employee testing soon ahead of welcoming Bay Area riders,” company spokesperson Chris Bonelli told CNBC.That means the robotaxis will start with human drivers on board, ready to take control of the vehicles if needed, and eventually operate as a driverless ride-hail service.Waymo is already operating…

Utah County Attorney Jeffrey S. Gray speaks during a press conference about the charges and next steps in the case of Tyler Robinson, who is suspected of fatally shooting U.S. right-wing activist and commentator Charlie Kirk, an ally of U.S. President Donald Trump, in Provo, Utah, U.S., Sept. 16, 2025.Jim Urquhart | ReutersUtah prosecutors on Tuesday charged Tyler Robinson with aggravated murder, felony discharge of a firearm, obstruction of justice, witness tampering and several other counts in the fatal shooting of conservative activist Charlie Kirk.Utah County Attorney Jeff Gray said he intends to seek the death penalty in the case.”I…

Private jets parked at the Friedman Memorial Airport during the Allen & Company Sun Valley Conference on July 10, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty ImagesJ.P. Morgan Private Bank is launching a new lifestyle service for its wealthy clients, offering discounts and referrals on everything from private jet flights and travel to household staffing and art restoration.The move comes as private banks and wealth management firms seek to find ways of serving clients outside of core investing and financial advice, which have become increasingly commoditized. J.P. Morgan said ultra-high-net-worth clients and family offices are more and more…

Special Assistant to Prime Minister on Blockchain and Crypto (SAPM), Bilal Bin Saqib, represented Pakistan at the recent Bitcoin Asia Conference in Hong Kong, emphasising how Pakistan is carving out a distinct global identity in the cryptocurrency space. He emphasised that regulation would be key to mainstream adoption, with both regional and international experts acknowledging its progress. “Every country should have a basic regulatory regime through which it can contribute towards exchanges, custody and stablecoins,” he said, describing such a framework as a “game changer” in the global acceptance of Bitcoin. The Pakistan Virtual Assets Regulatory Authority, set up earlier…

South Africa sailed their way to an easy victory over Pakistan after chasing down a target of 256 to win by eight wickets in the first one-day international of their series in Lahore on Tuesday, in the lead-up to the Women’s World Cup. The World Cup, to be hosted later this month under a hybrid model across India and Sri Lanka, will see all of Pakistan’s fixtures staged in Colombo, with political tensions ruling out travel between the two neighbours. Earlier in the day, veteran batter Sidra Amin smashed a century as Pakistan set South Africa a target of 256…

Scott Kirby, CEO of United Airlines, speaks during the WSJ’s Future of Everything 2025 at the Glasshouse on May 29, 2025 in New York City. Michael M. Santiago | Getty ImagesNEWARK, New Jersey — An oversupply of flights forced airlines to cut fares this year and pushed carriers to scale back their growth plans.United Airlines’ expansion, however, is outpacing its large-airline rivals, a plan CEO Scott Kirby told CNBC is paying off because of the company’s product, network and technology, like on-board amenities such as Bluetooth connectivity, seat-back screens and its app.”This year is going to wind up demonstrating two…

France has warned it may try to block the domestic operations of some crypto firms licensed in other EU countries as part of a push to get transfer oversight to the bloc’s central securities regulator, the head of its financial watchdog told Reuters. The AMF, France’s security watchdog, is concerned that under the EU’s new regulatory regime, crypto companies are seeking out jurisdictions with more lenient licensing standards, its president, Marie-Anne Barbat-Layani, said. MiCA, a landmark set of digital asset rules which came into force this year, allows crypto companies to apply for licences from individual EU members, which they…

The framework agreement for the social media platform TikTok will include new investors as well as existing investors in the platform’s Chinese parent company ByteDance, sources told CNBC’s David Faber.The deal is expected to close in the next 30 to 45 days, according to the sources, who asked not to be named because the details of the negotiations are confidential. As part of the agreement, Oracle will keep its cloud deal with the platform, the people said.”Where this thing is capitalized and how large it is remains to be seen,” Faber said Tuesday on CNBC’s “Squawk on the Street.” “‘I’m…