Author: i2wtc

Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | ReutersDETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than its past.The all-electric vehicle maker is set to host its first “Autonomy and AI Day” Thursday as its core business of producing and selling EVs hasn’t been as fruitful as expected since its initial public offering in 2021.Shares of the automaker are off more than 80% since then as internal and external…

Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty ImagesNvidia on Wednesday refuted a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned the export of Nvidia’s Blackwell chips, which are considered the company’s most advanced offerings, to China in an effort to stay ahead in the AI race. DeepSeek is reportedly using chips that were snuck into the country without authorization, according to The Information. “We haven’t seen…

Pakistan Peoples Party Chairman Bilawal Bhutto-Zardari speaks at the inauguration of the newly constructed, outpatient department (OPD) block at the National Institute of Cardiovascular Diseases (NICVD). Photo: Express LAHORE: PPP Chairman Bilawal Bhutto Zardari, sensing political frailties in all-too important province of Punjab, on Tuesday tread cautiously when he spoke about dwindling space for allies and paucity of resources at the disposal of the Governor House but at the same time showered praise on the provincial government led by Punjab Chief Minister Maryam Nawaz. Speaking during an interaction with media bureau chiefs and bigwigs, the PPP chairman backed the move…

Nepra officials warned Gepco over the illegal installation of Advanced Metering Infrastructure (AMI) on small meters. They said that the company was installing AMI without approval of the regulator and even without data backup. Photo: file ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved concessional tariffs on additional power consumption for the industrial and agricultural sectors. A Power Division spokesperson said that industrial and agricultural consumers would be charged at Rs22.98 per unit on excess electricity consumption. “This is a revolutionary step of the government to promote industrial and agricultural development in the country,” the spokesperson said. The…

Television stations broadcast Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange in New York, US, on Wednesday, Oct. 29, 2025. Michael Nagle | Bloomberg | 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. Setting expectationsWe’re counting down to the Federal Reserve’s interest rate decision this afternoon and Chair Jerome Powell’s subsequent press conference. Despite broad expectations that the central bank will cut rates,…

Construction company Alquist 3D worked with Walmart last year to build a nearly 8,000-square-foot 3D printed addition to its store in Athens, Tennessee.AlquistA 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.Walmart partnered with construction company Alquist 3D last year to build an almost 8,000-square-foot addition to its store in Athens, Tennessee, for online order pickup and delivery…

House also commended Balochistan Assembly for passing Child Marriage Prohibition Bill 2025A file photo of Sindh Assembly. PHOTO: PPI KARACHI: The Sindh Assembly on Tuesday unanimously adopted a resolution urging the federal and provincial governments to establish a uniform minimum marriage age of 18 years for both girls and boys across the country. The resolution, moved by PPP MPA Maleeha Manzoor, received resounding support from both treasury and opposition benches, reflecting rare cross-party consensus on a critical human rights issue. Lawmakers welcomed the recent assent of President Asif Ali Zardari to the Child Marriage Restraint Bill 2025 for the Islamabad…

PESHAWAR: As terrorism resurfaces in Khyber-Pakhtunkhwa, the provincial police have sought a special allowance for their personnel from the government, with the proposal estimated to cost around Rs4.2 billion per month. The province has registered a total of 1,588 terrorism-related cases across 14 districts in 2025. The Central Police Office (CPO) forwarded a summary to K-P Chief Minister Sohail Afridi, stating that the provincial government prioritised the enhancement of police capacity and welfare in view of terrorism and security challenges. “Due to the government’s focused efforts and effective administrative measures, not only has the law and order situation improved, but…

In this photo illustration, iPhone screens display various social media apps on the screens on February 9, 2025 in Bath, England.Anna Barclay | Getty Images News | Getty ImagesAustralia on Wednesday became the first country to formally bar users under the age of 16 from accessing major social media platforms, a move expected to be closely monitored by global tech companies and policymakers around the world.Canberra’s ban, which came into effect from midnight local time, targets 10 major services, including Alphabet’s YouTube, Meta’s Instagram, ByteDance’s TikTok, Reddit, Snapchat and Elon Musk’s X.The controversial rule requires these platforms to take “reasonable…

Two countries agree to review PTA; Subianto discusses defence ties with CDF MunirPresident Asif Ali Zardari confers Nishan-e-Pakistan on Indonesian President Prabowo Subianto at Aiwan-e-Sadr in Islamabad as Prime Minister Shehbaz Sharif looks on. Photo: APP ISLAMABAD: Prime Minister Shehbaz Sharif and Indonesian President Prabowo Subianto on Tuesday agreed to enhance bilateral trade, expand cooperation in health, agriculture, Information Technology, science, and education, and deepen coordination on regional and global issues, including Palestine. In a joint press stakeout along with President of Indonesia Prabowo Subiato at the PM House, the prime minister said Pakistan and Indonesia were committed to boosting…