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Author: i2wtc
Jyoti Bansal, co-founder and CEO of Harness, speaks at the company’s Unscripted conference in London on Sept. 25, 2025.HarnessAlmost nine years ago, Jyoti Bansal sold AppDynamics to Cisco for $3.7 billion just as the software startup was set to go public. Bansal’s latest venture, Harness, is now worth substantially more than that, after raking in $200 million in fresh capital at a $5.5 billion valuation in a funding round led by Goldman Sachs.Harness’ technology helps companies manage and monitor code that’s produced with the help of artificial intelligence, making sure it doesn’t break, create security vulnerabilities or trigger cost overruns.…
The mobile-messaging application WhatsApp is displayed on an Apple iPhoneBrent Lewin | Bloomberg | Getty ImagesFor investment firms of the ultra rich, WhatsApp is a one-stop shop for everything from vetting deals to finding the best surgeons. Sam Nallen Copley, an investment advisor at a London-based family office, runs a 970-person WhatsApp group for single-family offices and has seen it all, from verifying credentials to finding co-investors to selling multimillion-dollar collections of dinosaur bones and Pokémon cards.”If I need something at any time of day, I can message nearly 1,000 people about a new bitcoin fund or ask who’s the…
A large unmanned aerial vehicle (UAV), named “Jiutian,” completed its first flight on Thursday, according to the Aviation Industry Corporation of China (AVIC). (Xinhua)BEIJING, Dec. 11 (Xinhua) — A large unmanned aerial vehicle (UAV), named “Jiutian,” completed its maiden flight on Thursday, according to the Aviation Industry Corporation of China (AVIC).The domestically developed general-purpose drone, measuring 16.35 meters in length and 25 meters in wingspan, took to the skies in Pucheng, northwest China’s Shaanxi Province.This aircraft boasts a maximum takeoff weight of 16 tonnes and a payload capacity of 6,000 kilograms. It can operate for up to 12 hours with…
Project is expected to generate substantial employment opportunities on both sides ISLAMABAD: The US has approved a major financing package worth $1.25 billion to support development of critical minerals at Pakistan’s Reko Diq site, US Chargé d’Affaires Natalie A Baker announced on Wednesday. In a video message posted on X, Baker said the US Export-Import Bank (EXIM) had recently approved the financing that will significantly boost Pakistan’s mineral sector while deepening economic ties between the two countries. “I am pleased to highlight that the US Export-Import Bank recently approved financing of $1.25 billion to support the mining of critical minerals…
Oracle shares plummeted 11% in premarket trading on Thursday, extending yesterday’s losses after the firm reported disappointing results. The cloud computing and database software maker reported lower-than-expected quarterly revenue on Wednesday, despite booming demand for its artificial intelligence infrastructure. Its revenue came in at $16.06 billion, compared with $16.21 billion expected by analysts, according to data compiled by LSEG.It dragged other AI-related names down with it. Chip darling Nvidia was last seen down 1.5% in premarket trading, memory and storage firm Micron was 1.4% lower, tech heavyweight Microsoft dipped 0.9%, cloud company Coreweave slid 3% and AMD was 1.3% in negative territory. Oracle…
A video on the protection achievements of China’s “Hezhen Yimakan storytelling” is played during the 20th regular session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage in New Delhi, India, Dec. 11, 2025. The Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage at its 20th regular session decided to transfer China’s “Hezhen Yimakan storytelling” from the List of Intangible Cultural Heritage in Need of Urgent Safeguarding to the Representative List of the Intangible Cultural Heritage of Humanity. At the same time, based on the effectiveness of the protection of this heritage project, the committee…
Demands access to PTI founder; condemns police action against party leaders, workers and Imran’s family members ISLAMABAD: An opposition parties’ alliance — the Tehreek Tahaffuz Ain-e-Pakistan (TTAP) — is going to hold a consultative conference in Islamabad on December 20-21 to discuss the political climate, constitutional matters, and restrictions imposed on visitors to meet PTI’s jailed founder Imran Khan. Opposition parties, bar councils, and human rights organisations will be invited to the conference. The TTAP leaders made this announcement after an emergency meeting of the alliance called in the wake a police action against PTI leaders, workers and Imran Khan’s…
Cfoto | Future Publishing | Getty ImagesNvidia is developing software that could provide location verification for its AI graphics processing units (GPUs), a move that comes as Washington ramps up efforts to prevent restricted chips from being used in countries like China.The opt-in service uses a client software agent that Nvidia chip customers can install to monitor the health of their AI GPUs, the company said in a blog post on Wednesday. Nvidia also said that customers “will be able to visualize their GPU fleet utilization in a dashboard, globally or by compute zones — groups of nodes enrolled in the…
Package includes Link-16 systems, cryptographic equipment, avionics updates and logistical support The United States has authorised the sale of advanced tech and support for Pakistan’s F-16 fighter jets, worth $686 million, according to a letter from the US Defence Security Cooperation Agency (DSCA) to Congress dated December 8. The package includes Link-16 systems, cryptographic equipment, avionics updates, training, and comprehensive logistical support. The DSCA letter outlines the justification for the sale, stating that it “will support the foreign policy and national security objectives of the United States by allowing Pakistan to retain interoperability with US and partner forces in ongoing…
Google DeepMind, the tech giant’s AI unit, unveiled plans for its first “automated research lab” in the U.K. as it signs a partnership that could lead to the company deploying its latest models in the country. The AI company will open the lab, which will use AI and robotics to run experiments, in the U.K. next year. It will focus on developing new superconductor materials, which can be used to develop medical imaging tech, alongside new materials for semiconductors.British scientists will gain “priority access” to some of the world’s most advanced AI tools under the partnership, the U.K. government said in…