With the US Congress about to pass the budget reconciliation package and that the Trump administration having published its so-called “meager” budget for financial year 26 at the beginning of May, is the right time to assess how to best shape the US defense program in a high power competition. A national commitment is necessary … Read more
IslamabadThe Pakistani Banks Association (PBA) has announced plans to create an indicator of small and medium -sized institutions (SMES) during the next year, designed to provide a standard for the financial sector and help in increasing access to financing for small and medium -sized companies across a country. Mir Nejib UR Rehman, PBA, participated in … Read more
Microsoft plans to invest nearly $80 billion in fiscal year 2025 to expand its data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company announced in a blog post on Friday. The increase in AI investments follows OpenAI’s launch of ChatGPT in 2022, which spurred demand for integrating AI … Read more
The Pakistan Startup Ecosystem Report 2024 (PSER 2024) released by Invest2Innovate (i2i) highlights the resilience of Pakistani founders in a challenging global environment while identifying key opportunities and barriers to entrepreneurial growth in the country. The report, launched on Thursday, is the fourth edition of i2i’s flagship initiative and was presented during an event attended … Read more