TechFoxconn to build AI data center with Nvidia, targets 100 MW power
Data center will require significant power and will start with 20 megawatts, gradually increasing to 100 megawatts, says Foxconn Chairman
May 20, 2025
Monitoring Report
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TechXiaomi begins mass production of self-developed Xring O1 mobile chip
The first devices to use the chip will be the Xiaomi 15S Pro smartphone and the Xiaomi Pad 7 Ultra
May 20, 2025
World Business NewsWorld Bank clarifies role in payments for Afghanistan projects
The payments concern debts owed by the former Afghan government to contractors under World Bank projects
May 20, 2025
AutomobileWaymo gets California approval to expand robotaxi service
The approval comes as Tesla prepares to launch a paid robotaxi service in Austin, Texas, next month
May 20, 2025
HeadlinesEngineering Development Board plans to cut CBU vehicle import tariff to 15% by 2030
Auto industry caught off guard as EDB reveals steep tariff reduction from current 100% rate
May 20, 2025
HeadlinesGovt to raise petroleum development levy above Rs100, impose Rs5 per litre carbon levy
Move to hike PDL is central to Pakistan’s broader plan to enhance non-tax revenues and tighten its fiscal position under the IMF’s loan program
May 20, 2025
World Business NewsTrump reverses halt on $5 billion New York offshore wind project
Trump promotes expanding domestic energy production but excludes wind energy, calling it costly and harmful to wildlife
May 20, 2025
TechU.S. Justice Department opens probe into Coinbase data breach
The company expects financial losses from the breach to range between $180 million and $400 million
May 20, 2025
TechDell unveils new AI servers powered by Nvidia’s latest chips
The servers come in air-cooled and liquid-cooled models and can support up to 192 Blackwell Ultra chips
May 20, 2025
TechChina urges U.S. to reverse chip warning, threatens firm response
China says U.S. chip restrictions violate trade talks agreement
May 20, 2025
World Business NewsChoose France summit secures €20 billion in new investments
According to EY’s Investment Monitor, France has been Europe’s top spot for foreign investment for six years straight
May 20, 2025
HeadlinesIMF tightens conditions for future funding, cites India-Pakistan tensions and tariff risks: report
Pakistan must secure parliamentary approval for the next budget and implement key reforms to meet IMF targets
May 20, 2025