Naveed Ahmad

PSX tumbles by over 4,800 points during intraday trade after Trump’s comments on Iran – Pakistan

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index tumbled by over 4,800 points during intraday trade on Wednesday. The KSE-100 index dropped by 4,864.36 points, or 2.61 percent, to stand at 181,391.19 points at 2:34 pm from the previous close of 186,255.55. The market saw a sharp decline after 1:30pm, reaching an intraday low of…

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Hot French startup ZML releases free product to speed inference across lots of AI chips

The days of Nvidia’s unparalleled market dominance aren’t over, but challengers and choices are arising from all directions. ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has released inference-performance software that allows a variety of open-source large language models to run on a variety of chips — including Nvidia’s, AMD’s,…

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EU Again Set For Vote on ‘Chat Control’

said on Tuesday. “This means that on Thursday, we will once again vote on extending the derogation that allowed online platforms to scan our private communications.” Rejecting a proposal requires an absolute majority Gregorová said rejecting or amending the proposal will require an absolute majority of 361 votes in Parliament. The vote Tuesday narrowly passed,…

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