Xiaomi to raise up to $5.27 billion from share sale
The company offers 750 million Class B shares at HK$52.80 to HK$54.60, a 4.2% to 7.4% discount from its last close of HK$57
Elon Musk’s Starlink faces setback in Italy talks
Italy's defense minister suggests that once political tensions subside, discussions return to a technical evaluation of the project
Tencent unveils official T1 reasoning model amid rising AI competition
T1 model boasts faster response times and improved capabilities for processing long-form text
Pakistan to host first Digital FDI summit in April to attract global tech investment
Minister Shaza Fatima says the event will promote Pakistan as a hub for digital innovation and highlight incentives for foreign investors
OpenAI’s tech to boost UK-based lender’s digital banking
As part of its AI-driven strategy, NatWest aims to improve customer experience, reduce costs, and combat financial fraud
Microsoft to launch three data centers in Malaysia
Microsoft projects that its four-year investment in Malaysia will generate $10.9 billion in revenue and create over 37,000 jobs
Humanoid robots could be mainstream in a few years, says Nvidia CEO
The sight of humanoid robots wandering around is just a few years away, not a five-year problem, says Jensen Huang
Musk’s xAI and Nvidia to join Microsoft to develop AI infrastructure
The group plans to invest over $30 billion in AI-related projects, making it one of the largest initiatives to fund data centers
India’s Vodafone Idea in talks with Starlink for satellite services
The move comes a week after Starlink signed agreements with Bharti Airtel and Reliance Jio, to distribute satellite internet services in India
Tencent expands AI push with new 3D generation tools
The company launches five open-source Hunyuan3D-2.0 models, including "turbo" versions generating 3D visuals in under 30 seconds
Alphabet to acquire Wiz for record $32 billion deal
Alphabet Inc. is set to acquire cybersecurity startup Wiz for $32 billion in an all-cash deal, marking the largest acquisition in the...
Apple loses appeal against stricter regulations in Germany
This decision solidifies the ongoing scrutiny Apple faces, particularly in regard to its App Store practices
Pakistan’s IT exports rise 19% to $305 million in February 2025
IT exports see a 26% growth, reaching $2.48 billion in the first eight months of fiscal year 2024-25
Amazon, Google support nuclear plan to triple energy output
The initiative follows a similar commitment made by over 30 countries in 2023 to expand nuclear power
French publishers sue Meta over AI copyright infringement
This is the first such lawsuit against an AI company in France, but similar cases have been filed in the United States