China Closes Gap in Global Chip Race Amid US Export Limits, Study Reveals
The United States' restrictions on advanced semiconductor exports to China have spurred Beijing's push for technological self-reliance. However, experts say China still falls behind...
Meta Cuts 8,000 Jobs as It Expands AI Efforts
Meta Announces Plans for Major Layoffs Amid AI PushMeta, the technology giant, has announced it will lay off approximately 8,000 employees, representing about 10%...
UAE to Run 50% Govt Services on AI in Two Years
The United Arab Emirates has unveiled plans to run 50% of its government sectors, services, and operations through artificial intelligence systems within two years....
SpaceX Secures $60B Option to Acquire AI Startup Co-Founded by Sualeh Asif
SpaceX has announced its intention to acquire AI code-generation startup Cursor for $60 billion or pay $10 billion for a partnership later this year.The...
Used Mobile Imports Face Major Tax Hike Under Revised FBR Valuation
The Directorate General of Customs Valuation in Karachi has issued revised customs values for 62 brands of used and old mobile phones imported in...