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Anthropic hits $380 billion valuation after $30 billion funding round
The race to fund the future of AI is accelerating and the numbers keep getting bigger. The San…
Google launches Chromebook assembly line in Pakistan, plans 600,000 units annually
Google has taken a major step into Pakistan’s hardware market, launching local Chromebook assembly in Haripur with plans to produce 600,000 devices each year.
Amazon to invest $5 billion by 2031 in South Korea AI data centers
Cloud computing giant Amazon Web Services plans to invest an additional $5 billion in South Korea over the next six years to build new AI data centers in the country.
Nvidia to invest $1 billion in Nokia to accelerate AI-RAN and propel 6G networks
World's leading AI chipmaker Nvidia is making $1 billion equity investment in Finnish telecom giant Nokia to accelerate the development of AI-native 6G networks.
OpenAI completes for-profit restructuring, gives Microsoft 27% stake at $500B valuation
OpenAI, the firm behind the wildly popular ChatGPT, has finalized a massive corporate overhaul, completing its conversion to…
Cohere valued at $6.8 billion after $500 million raise, hires Meta exec as its chief AI officer
Toronto-based AI startup Cohere has raised $500 million in fresh funding, pushing the startup’s valuation to $6.8 billion.
Pakistan launches PRSS-1 Satellite aboard China’s Kuaizhou-1A rocket, eyes lunar mission by 2035
Pakistan launches its fourth Earth observation satellite PRSS-1 aboard a Chinese rocket on July 31
BYD to begin EV assembly in Pakistan by 2026, launches Shark 6 hybrid pickup
Chinese EV giant BYD doubles down on Pakistan with a new local plant and the rollout of the country’s most powerful hybrid pickup.
Tech Layoffs 2025: Microsoft, Intel, Meta among firms cutting tens of thousands of jobs
A fresh wave of layoffs is sweeping through Silicon Valley in 2025, with more than 74,000 jobs eliminated across 154 companies.
Linda Yaccarino steps down as CEO of Elon Musk’s X
Linda Yaccarino, the CEO of Elon Musk's social media platform X, has stepped down from her role after a two-year tenure.