Author: i2wtc

Open AI CEO Sam Altman speaks at the annual Snowflake Summit in San Francisco, California on June 02, 2025. Justin Sullivan | Getty Images News | Getty ImagesOpenAI is rapidly expanding its presence in India — one of the key markets for its flagship ChatGPT product.India is an appealing destination for U.S. tech giants, with companies ranging from Google to Meta betting on its huge — and young — population over recent years.OpenAI CEO Sam Altman visited the country in February this year and met with the country’s IT Minister Ashwini Vaishnaw to discuss collaboration. During the visit, Altman said India…

Washington is quietly reassessing its strategic approach in South Asia, placing renewed importance on Pakistan in a move that could reshape US ties with both India and China, The Diplomat — an online international news magazine said in a report. The report said, in a subtle but far-reaching recalibration of South Asia policy, the United States is quietly re-engaging Pakistan in ways that mark a departure from its longstanding India-first approach. The shift, while gradual and largely under the radar, has the potential to reshape regional dynamics — with significant implications for US ties with India, China’s regional influence, and…

Lululemon shares plunged in extended trading Thursday after the company gave a much worse than expected full-year outlook.The company topped second-quarter earnings estimates but slightly missed revenue expectations. It said it expected tariffs to hit its full-year profits by $240 million.Lululemon said it expects full fiscal-year earnings of $12.77 to $12.97 per share, well below Wall Street estimates of $14.45 per share. It also anticipates full-year revenue of $10.85 billion to $11 billion, compared with Wall Street expectations of $11.18 billion.”We are facing yet another shift today within the industry related to tariffs and the cost of doing business,” CEO…

UN Secretary-General António Guterres on Thursday expressed deep sorrow over the loss of lives and property from devastating floods in Pakistan, saying the disaster underscored the impact of climate change. Spokesman Stéphane Dujarric said the floods, triggered by heavy monsoon rains worsened by climate change, had affected some 1.5 million people. He said more than 3,000 homes, over 400 schools and around 40 health facilities had been damaged, leaving hundreds of thousands in need of urgent aid. I’m profoundly saddened by the floods in Pakistan.Caused by a severe monsoon exacerbated by climate change, the disaster has affected some 1.5 million…

Waymo partners with Uber to bring robotaxi service to Atlanta and Austin.Uber Technologies Inc.Alphabet’s Waymo unit will begin test-driving robotaxis at its first California-based airport, the company said Thursday.The autonomous car unit has been cleared to begin testing driverless rides at the San Jose Mineta International Airport in San Jose, California, this fall. Waymo said it plans to offer paid rides at the airport later this year.”With San Jose at the epicenter of the biggest sporting events of 2026, Waymo is an ideal mode of transportation that will help visitors move around the area smoothly and safely,” San Jose Mayor…

Torrential monsoon rains and subsequent flooding have inflicted serious damage on India’s border fence along the Pakistan frontier, officials and local residents on both sides report. Initial assessments suggest that approximately 110 kilometres of the fence have been affected, with nearly 90 Border Security Force (BSF) posts submerged. Once visible as a continuous line of light from the air at night, the lighting along the fence has gone dark in numerous stretches due to damage or submersion. According to local resident Gurwinder Singh, citing Indian authorities, the flooding resulted from the sudden release of water from the Thien Dam, along…

Rebecca SlaughterLeah Millis | ReutersPresident Donald Trump on Thursday asked the Supreme Court to allow him to fire Federal Trade Commission commissioner Rebecca Slaughter, who lower courts ordered reinstated after he terminated her.Trump wants the Supreme Court to pause her reinstatement as he appeals the case.”President Trump acted lawfully when he removed Rebecca Slaughter from the FTC,” White House spokesman Kush Desai said in a statement.”Indeed, the Supreme Court has twice in the last few months confirmed the President’s authority to remove the heads of executive agencies,” Desai said. “We look forward to being vindicated for a third time —…

U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Jonathan Ernst | ReutersHealth and Human Services Secretary Robert F. Kennedy Jr. doubled down on false claims about vaccines and claimed he isn’t limiting access to Covid shots during his Senate testimony on Thursday, as senators grilled him on his sweeping changes to immunization policy and federal health agencies.Kennedy said he supports a statement made by a newly appointed member of a key government vaccine…

Bret Taylor, chairman of the board of directors of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 8, 2025.David A. Grogan | CNBCBret Taylor’s artificial intelligence startup Sierra has just joined an exclusive club: The company sports a new $10 billion valuation after raising $350 million in fresh capital.Sierra is one of just a handful of AI startups, including OpenAI, Anthropic, xAI, Safe Superintelligence and Thinking Machines that are valued at or above $10 billion. Investors are pouring money into this competitive group of…

Ford’s redesigned three-row Expedition SUV is seeing explosive growth.The Detroit automaker reported Wednesday that it sold 8,724 Expeditions in August, up 53.7% from the same time last year and marking its best sales in 21 years. It’s sold 61,022 of the vehicles so far this year, a 13.1% increase from the same period in 2024.The Expedition is outperforming Ford’s sales overall. In total, the company’s August sales were up 3.9% from the same month last year.While the Expedition only made up about 5% of sales in August, Ford’s profit engine for decades has been large trucks and SUVs.It also has a…