Nvidia scales back funding guarantee
MEXICO CITY: Nvidia has revised its plans to support a proposed OpenAI data centre project…
Nvidia scales back funding guarantee
MEXICO CITY: Nvidia has revised its plans to support a proposed OpenAI data centre project in Ohio and is now expected to initially guarantee less than $120 billion, down from the $250 billion previously discussed, the Wall Street Journal reported on Friday, citing people familiar with the matter. The Journal said Nvidia and OpenAI are…
Depleted Djokovic falls in Cincinnati Masters opener
Tirante advanced to the third round after defeating the 24-time Grand Slam champion 2-6, 6-4, 6-4 Novak Djokovic lost his opening match at the Cincinnati Masters, struggling in the heat and humidity in a three-set loss to Thiago Tirante. Photo: AFP/FILE CINCINNATI: Novak Djokovic suffered in the second set from punishing heat and humidity on…
18 Upper Dir schools to be shut for security
TIMERGARA: The Upper Dir district education department has recommended the temporary closure of 18 government schools in border areas for a week from August 15 to 22, citing security concerns and risks to the safety of students and teaching staff amid a recent uncertain situation along the district’s borders. The recommendation was made in an…
Construction uplift package being studied
Govt mulls over setting up development bank, rationalising import and export policies Federal Minister for Economic Affairs and Establishment Division Senator Ahad Cheema ISLAMABAD: Federal Minister for Economic Affairs and Establishment Division Senator Ahad Cheema chaired a high-level meeting to oversee major regulatory, operational and financial reforms within the construction sector. The meeting was attended…
Afghan Taliban mark five years in power
. VICTORY CELEBRATIONS: A convoy of Taliban security personnel take part in a parade in front of the former US Embassy building in Kabul. PHOTO: AFP KABUL: The Taliban marked five years in power on Saturday, seeking to portray their government as in control even as aid and rights groups warned of escalating crises. Outside…
ML-1 moves closer to groundbreaking
LAHORE: Pakistan Railways’ flagship Main Line-1 (ML-1) project has moved closer to implementation, with the government setting October 30, 2026 as the deadline for completion of the review phase and deciding to launch the second round of market consultation next month. The decisions are expected to clear the remaining technical and procedural issues and pave…
68 perish as ferry capsizes in Zimbabwe
. HARARE, ZIMBABWE: The death toll after a ferry capsized on Zimbabwe’s Lake Kariba this week has risen to 68 after more bodies were recovered on Saturday, the police said. The overloaded passenger ferry run by the government’s Rural Infrastructure Development Agency (RIDA) overturned on Tuesday in choppy waters. The police “advises Zimbabweans and relevant…
Ill-fated cargo plane had expired insurance
A photo of a K2 Airways plane. — K2 AIRWAYS WEBSITE KARACHI: The insurance policy of the K-2 Airways cargo aircraft that crashed into the deep sea near Gwadar on July 7 had allegedly expired at the time of the accident, raising questions about how the aircraft was allowed to operate without renewed insurance coverage….
Israeli air blitz kills 11 in south Lebanon
CEASEFIRE VIOLATIONS: First aid responders and residents rush to the site of an Israeli airstrike that targeted the neighborhood in the southern Lebanese village of Deir al-Zahrani. PHOTO: AFP BEIRUT: At least 11 people were killed in Israeli strikes in southern Lebanon on Saturday, Lebanon’s health ministry said. The Israeli military said it struck Hezbollah…
Morocco arrests 111 migrants
. RABAT: Moroccan police arrested at least 111 people on Saturday as they tried to enter Spain’s North African enclave of Ceuta, amid tightened security on both sides of the border after social media posts called for another mass migrant crossing. The attempted crossing came two weeks after more than 72,000 migrants surged into Ceuta,…
