A group of ten former Openai staff has submitted a legal summary on Friday to support Elon Musk’s lawsuit against Openai, which represents another escalation in the battle over the future direction of the pioneer of artificial intelligence. Former employees, who have held technical and leadership roles in Openai, have argued that removing the role … Read more
KarachiIn the wake of the decision of the State Bank in Pakistan (SBP) to maintain the policy rate unchanged by 12 %, Karachi Interink (KIBor) showed a significant increase on Tuesday, as interest rates range from one week to one week. KIBor reflects the average interest rate in which banks lend to each other in … Read more
The Pakistan Business Council (PBC) has highlighted five critical challenges that the government must address to maintain the economic stability achieved in 2024. In a statement shared on social media platform X, the People’s Bank of China spoke about the country’s economic trajectory and stressed the need for reforms and prudent fiscal policies. The Council … Read more
France’s postponed 2025 budget bill aims to achieve a deficit “slightly above 5%” to protect economic growth, new French Finance Minister Eric Lombard said in an interview with French financial weekly newspaper La Tribune Dimanche. Lombard, who previously led the Trust, was tasked with passing the budget through Parliament after the previous government was defeated … Read more