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Tag: AI

AI
Latest
  • Web Desk
  • Oct 11, 2025
PM orders formation of steering committee to promote AI

Shehbaz Sharif says the government is working on a priority basis to promote IT and artificial intelligence

Fidji Simo says AI investment frenzy 'new normal', not bubble
Technology
  • AFP
  • Oct 07, 2025
Fidji Simo says AI investment frenzy ‘new normal’, not bubble

In the past few weeks, her company, under the leadership of CEO Sam Altman, has made a series of huge investments in data centers and AI chips, despite no real signs that the fast-emerging AI business is close to breaking even.

AMD signs AI chip-supply deal with OpenAI with a 10% stake option
Technology
  • Reuters
  • Oct 06, 2025
AMD signs AI chip-supply deal with OpenAI, 10% stake an option

The deal offers OpenAI an opportunity to take a stake in one of Nvidia’s most formidable rivals and is a powerful endorsement of Advanced Micro Devices’ (AMD’s) AI chips and software.

OpenAI valuation soars to $500b in private share sale: reports
Technology
  • AFP
  • Oct 02, 2025
OpenAI valuation soars to $500b in private share sale: reports

f confirmed, OpenAI workers’ sale of a reported $6.6 billion in shares to investors would make the company the world’s most valuable startup, overtaking Elon Musk’s rocket company SpaceX — valued at around $400 billion, according to Bloomberg.

OpenAI in Germany sued over alleged music copyright breaches
Technology
  • AFP
  • Sep 29, 2025
OpenAI in Germany sued over alleged music copyright breaches

It is the latest court case that OpenAI has faced, with media groups and authors among those claiming that the company’s ChatGPT chatbot has been trained on their work without permission.

Larry Ellison is now the world richest person, not Elon Musk
Business
  • Web Desk
  • Sep 10, 2025
Larry Ellison is now the world richest person, not Elon Musk

And on Wednesday, early trading saw Oracle shares going up more than 35 per cent amid massive projected revenue growth based on contracts tied to artificial intelligence.

Tesla offers Musk $1tr award as it loses ground to Chinese
Business
  • Reuters
  • Sep 05, 2025
Tesla offers Musk $1tr award as it loses ground to Chinese

“Given that Tesla’s stock price is basically all vibes and appears to have very little to do with the automaker’s actual performance, I suspect they will approve this package.”

Merz launches supercomputer, says Europe can catch up in AI race
Technology
  • AFP
  • Sep 05, 2025
Merz launches supercomputer, says Europe can catch up in AI race

“We in Germany, and we in Europe, have every opportunity to catch up and then keep pace” with the United States and China, he said at the inauguration of the Jupiter computer which will be able to perform at least one quintillion (or one billion billion) calculations per second.

AI Key for smartphones
Technology
  • Web Desk
  • Sep 04, 2025
New AI Key lets artificial intelligence control your phone for $79

AI Key, unveiled by Adam Cohen Hillel, offers full smartphone control to AI but raises serious security and privacy concerns.

Musk's xAI sues Apple, OpenAI as tech giants fight for market share
Technology
  • Reuters
  • Aug 25, 2025
Musk’s xAI sues Apple, OpenAI as tech giants fight for market share

“If not for its exclusive deal with OpenAI, Apple would have no reason to refrain from more prominently featuring the X app and the Grok app in its App Store,” xAI said.

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