Author: i2wtc
Shield AI is trying to shake up the defense industry. The company, which is valued at $5.3 billion after securing $240 million in its latest round of funding, is set to unveil its next generation, autonomous fighter jet known as the X-Bat on Wednesday. CNBC got exclusive access to the company’s headquarters ahead of the launch.Shield AI says the unmanned aircraft has a jet engine, will have a 2,000 mile range, can fly up to 50,000 feet and has the ability to take off and land vertically, enabling it to operate in remote locations without a runway — like on a ship…
Pak-Afghan border. PHOTO: EXPRESS/FILE ISLAMABAD: When the defence ministers and spy chiefs of Pakistan and the Afghan Taliban regime sat across the table in Doha last week, scepticism was high about whether the Qatari-hosted talks could deliver any meaningful breakthrough. However, with Qatari and Turkish mediation, the two sides reached a ceasefire agreement, at least for now, following several days of deadly border clashes. As both sides now prepare for the next round of discussions in Turkiye, officials in Islamabad are expressing cautious optimism. A senior official described the understanding as a “positive step forward,” while warning that it remains…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty ImagesMeta said Tuesday that it formed a joint venture agreement with Blue Owl Capital in a deal worth $27 billion to fund and develop the social media company’s massive Hyperion data center in rural Louisiana.As part of the deal, the asset management firm will own 80% of the joint venture, while Meta will retain a 20% stake and oversee the construction and property management services of the data center,…
Sopa Images | Lightrocket | Getty ImagesNetflix is “all in” on leveraging generative artificial intelligence on its streaming platform, according to the company, as AI continues to make its way into mainstream entertainment.The comments came from Netflix’s earnings report Tuesday, which highlighted AI as a major focus for the world’s largest streaming service by subscriber count. “For many years now, [machine learning] and AI have been powering our title recommendations as well as production and promotion technology,” Netflix said in a letter to shareholders.Netflix added that generative AI presents a “significant opportunity” across its streaming platform, including improving its recommendations, ads…
Audrey Nuna, EJAE and Rei Ami attend the KPop Demon Hunters Special Screening at Netflix Tudum Theater on June 16, 2025 in Los Angeles, California., U.S.Charley Gallay | Getty Images Entertainment | Getty Images Netflix’s business leaders and investors probably aren’t enjoying a soda pop after the release of its third-quarter results. While the company’s revenue met expectations — though not beating them as it did the first and second quarters — earnings were taken down by a tax dispute with Brazilian authorities. Shares of Netflix fell around 6% in extended trading Tuesday stateside.But it doesn’t look like any other…
COAS says Pakistan seeks regional peace, but any violation of its territorial integrity will face decisive responseField Marshal Asim Munir addressing participants of 17th National Workshop Balochistan at the GHQ. Photo: Screengrab ISPR Field Marshal Asim Munir has said that ‘all necessary measures’ are being taken against Indian-sponsored proxies — Fitna al Hindustan and Fitna al Khawarij — involved in propagating anti-people and anti-development agendas with the malicious intent to perpetrate violence in Balochistan. “All necessary actions are being taken to chase these terrorists and rid the province of this menace,” reaffirmed the Chief of Army Staff (COAS) as he…
Samsung Galaxy XR HeadsetCourtesy: SamsungIt’s been more than 17 years since the modern smartphone era began with the launch of the iPhone, and tech companies have been obsessed with trying to disrupt it ever since.The most common approach is mixed reality XR headsets: computerized goggles that put all of your apps and other digital content right in front of your face.Samsung is the latest to take on the category with the Galaxy XR. Samsung will start selling it on Tuesday night for $1,800, about half the price of Apple’s Vision Pro. Early adopters will also get a suite of digital…
Oil marketing companies likely to get 15-day consignment releases without full bank guarantees, say sources The threat of a shortage of petroleum products has been temporarily averted after the Sindh government cleared a Pakistan State Oil (PSO) vessel on a 15-day undertaking. The clearance of petroleum consignments at Karachi Port had been delayed due to the provincial government’s enforcement of a 1.8% Sindh Infrastructure Development Cess, prompting fears of a nationwide fuel shortage. The 1.8% cess is expected to increase the cost of petroleum products by more than Rs3 per litre. Although fuel prices are regulated, the levy’s imposition will…
Provincial govt releases one oil cargo, demands bank guarantees instead of undertaking from companies to clear cargoesCM Sindh Murad Ali Shah. Photo: Sindh Government The oil crisis in the country may deepen as the industry faces possible collapse due to the claims of Rs180 billion on account of the Sindh Infrastructure Development Cess imposed by the Sindh government on the import of petroleum products. The Sindh government on Tuesday released one oil cargo of Pakistan State Oil (PSO), stuck at the port over the SIDC issue. Now, the provincial government is seeking guarantees from PSO and other oil marketing companies…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersSpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling behind U.S. plans to return to the moon.”The person responsible for America’s space program can’t have a 2 digit IQ,” Musk wrote in a Tuesday post on X.In response to other user posts, Musk referred to the Transportation secretary as “*Sean Dummy” and said he is “trying…