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OpenAI

OpenAI’s $500 billion Stargate venture weighs future UK investment, FT reports

Stargate, the $500 billion US data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future...

Published 17 Apr, 2025 10:10am

Technology

OpenAI countersues Musk as feud deepens

SAN FRANCISCO: Artificial intelligence giant OpenAI has filed counterclaims against multi-billionaire Elon Musk,...

Published 10 Apr, 2025 08:41pm

Technology

AI could impact 40 percent of jobs worldwide: UN

GENEVA: The global artificial intelligence market is projected to reach $4.8 trillion – roughly the size of...

Published 03 Apr, 2025 06:46pm

Technology

OpenAI to raise $40 billion to boost AI efforts

OpenAI said on Monday it would raise $40 billion in a new funding round led by SoftBank Group at a $300 billion...

Published 03 Apr, 2025 04:53pm

Technology

China’s Baidu launches two new AI models as industry competition heats up

HONG KONG: China’s Baidu said on Sunday it has launched two new artificial intelligence models, including a new...

Published 16 Mar, 2025 10:07am

Technology

OpenAI weighs special voting rights to guard against hostile takeovers, FT reports

OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors,...

Published 18 Feb, 2025 11:26am

World

OpenAI board rejects Musk’s $97.4 billion offer

OpenAI on Friday rejected a $97.4 billion bid from a consortium led by billionaire Elon Musk for the ChatGPT maker,...

Published 15 Feb, 2025 10:44am

Technology

Bollywood music labels seek to challenge OpenAI in India copyright lawsuit

NEW DELHI: A group of India’s top Bollywood music labels, from T-Series to Saregama and Sony, is seeking to join a...

Published 14 Feb, 2025 01:35pm

Technology

Musk will pull OpenAI bid if ChatGPT maker remains non-profit, lawyers say

A consortium led by Elon Musk will withdraw its $97.4 billion bid for OpenAI’s non-profit arm if the ChatGPT maker...

Published 13 Feb, 2025 06:25pm

Technology

Adobe launches AI video tool to compete with OpenAI

Adobe on Wednesday released the first public version of an artificial intelligence tool that can generate video...

Published 12 Feb, 2025 07:12pm

World

OpenAI’s board has not received Musk’s takeover bid, source says

NEW YORK/PARIS: OpenAI’s board has not yet received a formal bid from an Elon Musk-led consortium, although a lawyer...

Published 12 Feb, 2025 08:24am

Technology

Musk-led group makes $97.4 billion bid for control of OpenAI

A consortium led by Elon Musk said on Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI,...

Published 11 Feb, 2025 03:05am

Technology

OpenAI, Kakao to jointly develop AI products for South Korea

SEOUL: ChatGPT creator OpenAI and South Korea’s dominant chat app operator Kakao said on Tuesday they plan to form a...

Published 04 Feb, 2025 08:21am

Technology

SoftBank in talks to lead OpenAI funding round at $300 billion valuation, sources say

SoftBank Group is in talks to lead a funding round of up to $40 billion in artificial intelligence developer OpenAI...

Published 31 Jan, 2025 11:08am

World

India IT minister praises DeepSeek’s low-cost AI, compares it with own investment approach

India’s IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant,...

Published 30 Jan, 2025 01:36pm

Technology

Microsoft shares slide as cloud forecast, AI spending disappoint

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5%...

Published 30 Jan, 2025 08:11am

Technology

OpenAI says Chinese firms try to copy US AI tech

WASHINGTON: ChatGPT creator OpenAI on Wednesday said that Chinese companies are actively attempting to replicate its...

Published 29 Jan, 2025 08:28pm

Business & Finance

DeepSeek’s chatbot achieves 17% accuracy, trails Western rivals in NewsGuard audit

Chinese AI startup DeepSeek’s chatbot achieved only 17% accuracy in delivering news and information in a NewsGuard...

Published 29 Jan, 2025 07:55pm

Technology

Who is Liang Wenfeng, the founder of DeepSeek?

BEIJING: Liang Wenfeng, the 39-year-old founder of Chinese AI startup DeepSeek, has in the matter of weeks become...

Published 29 Jan, 2025 12:24pm

Technology

Alibaba releases AI model it claims surpasses DeepSeek-V3

BEIJING: Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence...

Updated 29 Jan, 2025 10:53pm

Technology

OpenAI chief Altman says DeepSeek’s R1 model ‘impressive’

OpenAI CEO Sam Altman called Chinese startup DeepSeek’s R1 AI model “impressive” on Monday, but emphasized that...

Published 28 Jan, 2025 08:47am

Technology

Stargate artificial intelligence project to exclusively serve OpenAI, FT reports

Stargate, the joint venture by OpenAI, and Oracle to develop data centers for artificial intelligence in the U.S.,...

Published 24 Jan, 2025 08:31am

Technology

OpenAI, SoftBank each commit $19bn to Stargate AI data center, the Information reports

OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop...

Published 23 Jan, 2025 08:12am

Technology

Google to invest fresh $1bn in OpenAI rival Anthropic, FT reports

Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported...

Published 22 Jan, 2025 12:42pm

Technology

Musk asks state AGs to auction off OpenAI stake in nonprofit restructuring, sources say

A lawyer for billionaire Elon Musk has asked attorney generals in the states of California and Delaware to push...

Published 10 Jan, 2025 08:36am

Technology

OpenAI outlines new for-profit structure to stay ahead in costly AI race

BENGALURU: OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit...

Published 30 Dec, 2024 05:47am

Technology

Musk’s AI startup raises further $6bn

PARIS: Billionaire tech mogul Elon Musk’s startup xAI said it had raised $6 billion from investors in its latest...

Updated 24 Dec, 2024 07:53pm

Technology

Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event

Holland PALM BEACH: President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on...

Published 17 Dec, 2024 11:03am

Technology

Google puts AI agents at the center of Gemini update

SAN FRANCISCO: Alphabet’s Google on Wednesday released the second generation of its artificial intelligence model...

Published 11 Dec, 2024 08:49pm

Technology

Apple adds ChatGPT integration in latest software update

SAN FRANCISCO: Tech giant Apple on Wednesday rolled out major updates to its artificial intelligence offerings that...

Published 11 Dec, 2024 08:38pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	281.13
USD PKR Interbank Buying / Apr 24	280.93
USD to Japanese Yen / Apr 24	142.82
USD to Swiss Franc / Apr 24	0.83
Pound Sterling to USD / Apr 24	1.33
Euro to USD / Apr 24	1.13
UK LIBOR % / Apr 22	4.96

Stock	Volume
S&P 500 / Apr 23	5,375.86
Nasdaq / Apr 23	16,708.05
Dow Jones / Apr 23	39,606.57
India Sensex / Apr 24	79,866.11
Tokyo Nikkei / Apr 24	35,053.23
Hang Seng / Apr 24	21,831.87
FTSE 100 / Apr 24	8,401.52
Germany DAX 30 / Apr 24	21,881.08
France CAC40 / Apr 24	7,441.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	16,985
Gold 10 Grams PKR / Apr 23	301,783
Petrol/Litre / Apr 24	254.63
Crude Oil USD/Barrel / Apr 24	62.35
Gold Spot USD/Ounce / Apr 24	3,323.97
Diesel/Litre / Apr 24	258.64
Cotton US¢/pound / Apr 24	68.89

Gainers
Losers
Leaders

Stock	Price
Dewan Mushtaq / Apr 24 Dewan Mushtaq Textile Mills Limited(DMTM)	6.99 ▲ 1 (16.69%)
Sardar Chemical / Apr 24 Sardar Chemical Industries Limited(SARC)	29.76 ▲ 2.71 (10.02%)
Shield Corp. / Apr 24 Shield Corporation Limited(SCL)	307.02 ▲ 27.91 (10%)
Pakgen Power / Apr 24 Pakgen Power Limited(PKGP)	113.21 ▲ 10.29 (10%)
PIA Holding Co.B / Apr 24 PIA Holding Company Limited B(PIAHCLB)	2,992.08 ▲ 272.01 (10%)
S.S.Oil / Apr 24 S.S.Oil Mills Limited(SSOM)	324.59 ▲ 29.51 (10%)
Power Cem(Pref) / Apr 24 Power Cement (Pref)(POWERPS)	16.72 ▲ 1.52 (10%)
Sunrays Textile / Apr 24 Sunrays Textile Mills Limited(SUTM)	142.16 ▲ 12.92 (10%)
Indus Dyeing / Apr 24 Indus Dyeing & Manufacturing Co. Limited(IDYM)	131.69 ▲ 11.97 (10%)
Popular Islamic / Apr 24 Popular Islamic Modaraba(PIM)	13.90 ▲ 1.26 (9.97%)

Stock	Price
Burj Clean Energy Modaraba / Apr 24 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8 ▼ -1 (-11.11%)
Beco Steel Ltd / Apr 24 Beco Steel Limited(BECO)	9.23 ▼ -1.03 (-10.04%)
Bawany Air Products / Apr 24 Bawany Air Products Limited(BAPL)	29.22 ▼ -3.25 (-10.01%)
First Elite Cap.Mod / Apr 24 First Elite Capital Modaraba(FECM)	13.95 ▼ -1.55 (-10%)
Bolan Casting / Apr 24 Bolan Castings Limited(BCL)	98.60 ▼ -10.96 (-10%)
J.K.Spinning / Apr 24 J.K. Spinning Mills Limited(JKSM)	56.16 ▼ -6.24 (-10%)
Diamond Ind. / Apr 24 Diamond Industries Limited(DIIL)	28.03 ▼ -3.11 (-9.99%)
Apna Microfin. / Apr 24 Apna Microfinance Bank Limited(AMBL)	10.16 ▼ -1.12 (-9.93%)
Chakwal Spinning / Apr 24 Chakwal Spinning Mills Limited(CWSM)	54.30 ▼ -5.87 (-9.76%)
National Silk / Apr 24 The National Silk & Rayon Mills Limited(NSRM)	38 ▼ -3.72 (-8.92%)

Stock	Volume
Power Cement / Apr 24 Power Cement Limited(POWER)	37,002,458 ▲ 0.33
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	30,182,981 ▼ -0.02
Sui South Gas / Apr 24 Sui Southern Gas Company Limited(SSGC)	22,283,815 ▼ -0.01
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	21,558,110 ▼ -0.26
Aisha Steel Mill / Apr 24 Aisha Steel Mills Limited(ASL)	19,681,912 ▲ 0.49
B.O.Punjab / Apr 24 The Bank of Punjab(BOP)	17,511,940 ▼ -0.25
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	15,391,279 ▼ -2.43
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,421,218 ▼ -0.13
Pak Int.Bulk / Apr 24 Pakistan International Bulk Terminal(PIBTL)	12,229,101 ▼ -0.52
Fauji Cement / Apr 24 Fauji Cement Company Limited(FCCL)	11,865,375 ▼ -1.87

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