Category: Newsfeed
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China Plunges the Global Market
Special Report – On January 27, 2025, the global technology sector experienced a significant upheaval following the introduction of DeepSeek’s latest artificial intelligence model. This Chinese startup unveiled an AI system that not only rivals existing models in performance but also operates at a fraction of the typical cost. The announcement sent shockwaves through financial…
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China Emerges with $1 Trillion Fund for AI
DeepSeek, a Chinese AI startup founded by Liang Wenfeng in 2023, has recently garnered significant attention due to its innovative approach and potential impact on the AI industry. DeepSeek has developed AI models that claim to offer performance comparable to leading offerings at a fraction of the cost. The company’s success has led to concerns…
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Senators Urge PM Shehbaz to Halt FBR’s Extravagant Car Purchases
ISLAMABAD: A parliamentary panel has called on Prime Minister Shehbaz Sharif and the finance minister to immediately halt the Federal Board of Revenue’s (FBR) controversial purchase of over 1,000 cars for its officers. This comes at a time when the country is facing a revenue shortfall of Rs384 billion in the first half of the…