Category: Emerging Tech
-
Systems Limited to Acquire BAT’s IT Services Arm in Strategic Expansion Move
PAKISTAN In a major step toward global expansion, Systems Limited has announced its Board’s approval for the acquisition of British American Tobacco SAA Services (Private) Limited, a wholly owned subsidiary of British American Tobacco International Holdings (UK) Limited. The acquisition, approved in a Board meeting held on July 29, 2025, marks a significant diversification of…
-
Zarea Launches Wholly Owned Subsidiary in UAE to Accelerate Global Expansion
In a significant move toward international expansion, Zarea Limited has announced the successful incorporation of its wholly owned subsidiary in the United Arab Emirates (UAE) under the name Zarea Commerce FZCO. According to a notice submitted to the Pakistan Stock Exchange (PSX), the newly formed entity will be based in Dubai and serve as Zarea’s…
-
Pakistan’s Ambitious Digital Transformation Could Redefine Economic and Social Landscape: ADB
Pakistan’s ambitious digital transformation agenda has the potential to redefine its economic and social trajectory, according to a recent report by the Asian Development Bank (ADB). “By harnessing digital technologies, the government can drive sustainable economic growth, increase the tax-to-gross domestic product (GDP) ratio, grow exports, boost foreign direct investment, enhance social services, and improve…
-
China’s open-source AI models ‘very advanced’, says Nvidia CEO, as H20 chip sales resume
WORLD Open source was “extremely powerful” for AI innovation and Chinese firms offer the “best open reasoning models”, Nvidia co-founder and CEO Jensen Huang said in Beijing on Thursday, ahead of the expected resumption of the company’s H20 chip sales to China. Open source allows not just the contribution of each company but the combined…
-
China-tied AI tools like DeepSeek face US federal ban over ‘threat’
WORLD A bipartisan group of US lawmakers introduced a bill in both chambers of Congress to ban the federal use of China-linked artificial intelligence tools such as DeepSeek, writing the latest chapter in the tech rivalry between the world’s top AI powers. Titled the “No Adversarial AI Act”, the proposed legislation aims to prohibit federal…