Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed to be better than OpenAI’s ChatGPT in several areas

After getting AI public release approvals from Chinese Authorities last month, Tencent has finally released its large language artificial intelligence (AI) model ‘Hunyuan’, making its entry into the competitive global AI race.

Aiming to become China’s AI leader, the WeChat parent firm launched the ‘Hunyuan’ AI model in front of a large audience at a conference in Shenzhen. Tencent officials, during the launch mentioned how its AI model is becoming the foundation for more than 50 of its products and services.

“By July, there are more than 130 large language models in China,” said Tencent’s vice president, Jiang Jie. “A war of a hundred models has begun,” he added.

Now available to use for enterprises, Tencent’s Hunyuan comes at a time where several other Chinese tech firms such as Baidu Inc and SenseTime Group have also released their own large language models and AI products, thus creating a wave of competition.

According to details, Tencent has trained Hunyuan with more than 2 trillion tokens, giving the large language model over 100 billion parameters.

For comparison, OpenAI’s former AI model GPT-3 had nearly 175 billion parameters whereas Meta’s latest Llama 2 model has over 70 billion parameters.

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed by Tencent to be better than OpenAI’s ChatGPT in several areas such as writing long text or solving certain math problems.

Tencent has also made several other claims related to hallucinations, but none of them including the ones that include its comparison with ChatGPT are independently verified.

Read more:

• Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training
• World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

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Working on multiple AI models, Apple has allocated several teams who are working on artificial intelligence projects in small groups

Apple is pouring millions of dollars into its AI development and training programs each day. Busy working on a number of different AI models, the company has allocated multiple teams who are working on artificial intelligence projects in small groups.

An example is Apple’s ‘conversational AI’ unit, also being referred to as the “Foundational Models”, has a team of just 16 members, all of whom are highly trained engineers, with some of them even being former Google employees.

The unit is headed by John Giannandrea, who is currently working as the head of AI at Apple and was hired back in 2018, when Apple wanted to improve the performance of ‘Siri’, its ever-so-famed digital voice assistant available in almost all iOS devices.

I bet this is why Siri is about to get really good!

— Chris 𝕏 (@cwchris_) September 7, 2023

According to a news blog from ‘The Information’, Apple has a bunch of other teams working on artificial intelligence as well. Apple is reported to have a Visual Intelligence unit which is working on developing an image generation model, such as Midjourney or Dall-E2.

Another one of Apple’s AI worker groups is researching and developing ‘multimodal AI’, which are AI models that can recognize and produce images or even videos as well.

These AI models being trained at Apple can have a lot of use cases and would fit perfectly with Apple products. An AI chatbot being developed at Apple for example will soon be used for interactions with customers on AppleCare.

Read more:

• You Will Soon be Able to Play Mini Games on YouTube
• Pakistan Has Started A Major Crackdown Against Electricity Theft

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The world’s largest offshore wind turbine has achieved a milestone by setting a new record for electricity generation by an individual wind turbine in a single day, after opening during typhoon conditions. The rotor diameter of Goldwind’s GWH252-16MW intelligent wind turbine is 252 meters (827 feet). Additionally, it covers an area that can be swept that is nearly 50,000 square meters i.e. 538,195 square feet—seven regular football fields. The hub of the turbine is 146 meters (479 feet) tall, which is equivalent to a 50-story structure. The record was achieved on September 1 according to state-owned power company China Three Gorges (CTG), which broke all the previous records set by Danish company Vestas in August.

The 16 MW wind turbine was installed in the offshore Hangpu Liuao Phase 2 wind farm in the Southeastern Fujian province and came into public on July 19. Zhangpu Liuao Phase 2 is in the process to developed and constructed by the state-owned power corporation China Three Gorges (CTG). In September, the wind turbine came up against wind speeds of around 85 km/h which is 53 mph, and a hike of 23.56 meters per second in the face of Typhoon Haikui. As per the South China Morning Post, “While traditional wind turbines automatically lock their blades to avoid overload when wind speeds exceed 25 meters per second, this intelligent unit can adjust its blades in real time, continuing to generate electricity.” At full speed, each blade of the turbine can reach up to 70% faster than the speed of sound, and its rotor has a diameter of 252 meters, more than twice that of the London Eye.

The amazing record-breaking powerful wind turbine features an innovative design that allows it to set its blades accordingly when wind reaches high speeds. This feature allows it to continue its operations during Typhoon Haikui during which conventional turbines were forced to shut down. “We are closely monitoring critical components like the main control program, pitch system, and generators to gradually lift power restrictions while ensuring operational safety.”

China has a long history of high carbon energy consumption, making it popular for being the source of greenhouse gas emissions. However, it has made significant investments in renewable energy sources like solar and wind.

The largest win turbine produced 384.1 megawatt-hours which is considered enough to power nearly 170,000 homes, which is indeed a new record for an individual wind turbine in a single day time period. According to the reports, the previous world record for the same period was only just set in mid-August. Danish wind giant Vestas’s V236-15.0 MW prototype produced 363 megawatt-hours of power in 24 hours.

Read more:

Chinese Wind Turbine Manufacturer, Goldwind, Opens Its First solution factory in Pakistan

This Japanese company is betting on a giant turbine to provide “limitless clean energy”

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YouTube is stepping into the world of gaming. YouTube has started testing out its gaming service called Playables. The biggest news is, that the video and music streaming giant has entered the world of gaming. Back in June, rumors were circulating about YouTube’s gamin service claiming that Google’s video service would be adding simple arcade-like games to its website. ow, The predictions have become reality and confirmed by YouTube on adding the ‘Playables’ gaming experience to its test features and experiments list. The gaming feature is new and quite interesting for its viewers. Now they can experience some hands-on YouTube. However, it would seem that the description of these Playables—”games that can be played directly on YouTube on both desktop and mobile devices confirms the prediction that they are simple arcade-style time wasters rather than triple-A adventures.

Hence, very few YouTube users selected to take part in this ongoing experiment will want a section called ‘Playables’ that can access directly their YouTube home feed. In addition, participants also have an opportunity to view and control their playable history and saved game process in their regular YouTube history menu. Although, there is no information regarding any of the games that will be playable for these early testers. However, in the aforementioned report, a game called “Stack Bounce” was stated in which the object is to shatter bricks with a bouncing ball. All the things and reports depict that these games are made in HTML 5

We will be getting a suite of new mini-games very soon on the YouTube homepage. The video-sharing platform has started experimenting with this feature, The feature is currently only available to a small number of beta testers while the functions are still in the testing phase. Luckily, If you’re one of the one who is beta testers, the feature is named “Playables” and it should show up in a separate tab on the homepage. 

According to the news, there is a name called Stack Bounce that can be found easily in the list of published titles. In this game, players control a ball that smashes through rings with well-timed clicks. The name seems familiar because Google’s GameSnack service used to include Stack Bounce.

It is important to mention here that navigating a 3D ball is entirely different from the types of games that Google Stadia offered before it ceased operations. However, according to Google, the system will save game progress which can be assessed through the ‘History’tab.

Read more:

YouTube Will Soon Allow You To Find Songs By Humming In There Tunes

YouTube Will Soon Let You Hum Tunes to Find Songs

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In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched the top spot in the matriculation examination held in the United Arab Emirates (UAE), securing the highest marks among his peers. Abdullah’s outstanding performance has garnered attention and admiration for his dedication and scholastic prowess.

In an interview with a private TV channel, the Pakistani Student Abdullah expressed his ambition to pursue a career in software engineering. He firmly believes that technology represents the future, and he aspires to contribute to the field, not only for personal success but also to bring pride and recognition to Pakistan on the global stage.

Abdullah Zaman’s success is a testament to the quality of education available in the UAE. The country offers free education to all Emiratis from primary and secondary levels through all higher education stages. Educational standards and reform initiatives are rigorously overseen by various entities, including the Ministry of Education, the Knowledge and Human Development Authority (KHDA), the Abu Dhabi Education Council (ADEC), and education zones in other emirates.

Currently, compulsory education is mandated for all children aged 6 to 18, ensuring access to foundational knowledge for every Emirati student. After completing their compulsory education, students have the opportunity to pursue secondary education, which prepares them for higher education and specialization in their chosen fields.

The educational landscape in the UAE is multifaceted, with different ministries overseeing various aspects of learning. The Ministry of Education takes charge of administering and supervising adult education programs, general education, and literacy initiatives. Meanwhile, the Ministry of Higher Education and Scientific Research plays a pivotal role in governing higher education institutions, ensuring academic excellence at the tertiary level. Additionally, the Ministry of Social Affairs oversees the operation of special education schools, catering to the diverse needs of students.

Abdullah Zaman’s achievement serves as an inspiration not only to students in the UAE but also to young minds in Pakistan and around the world. His dedication to pursuing excellence in the field of software engineering reflects the importance of education as a cornerstone for future success and the potential for individuals to make a positive impact in the ever-evolving landscape of technology and innovation. His aspiration to bring pride to his homeland resonates with the idea that education knows no borders and that talent and determination can transcend geographical boundaries.

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Flying Bum, the world’s largest aircraft is ready to launch in 2026. The Airlander 10 hybrid airship, named Flying Bum possesses the same length as the football pitch and the highest of six double-decker buses. In 2026, British holidaymakers are planning to bring a unique travel experience for users. The aircraft will provide a unique experience to Spain’s most popular islands abroad the Airlaner 10, a 300 ft longer hybrid airship.

Shape and Design

Created by British manufacturer Hybrid Air Vehicle (HAV), these aircraft combine aerostatic and aerodynamic lift with additional propulsion provided by diesel-engine propellers. They are expected to break the previous records of size, measuring as long as a football pitch and as tall as six double-decker buses. A futuristic hybrid airship will facilitate passengers to Spain’s most popular island. Due to its distinctive shape, it has earned the name of ‘Flying Bum’ 

Additionally, it has a height of six double-decker buses. The helium aircraft works on both the technologies of aerostatic and aerodynamic lift to take to the air. A set of diesel engine propellers provides more power and a strong engine capacity.

Capacity 

The Flying Bum can cater to 100 passengers to destinations including Majorca, Ibiza, and Menorca. The aircraft is specifically designed to reduce carbon emissions compared to traditional aircraft. The aircraft made by British manufacturers promises to provide a luxurious traveling experience to passengers. In addition, it offers an exciting and eco-friendly for people heading to Spain’s iconic islands. Airlander 10 features a spacious passenger compartment suspended beneath an aerodynamic, helium-filled balloon.

Costing $50 million, the airship can land on ‘virtually any surface’. In addition to that, Airlander 10 doesn’t need conventional infrastructure like ports or airports as it can take off from either a field or water. Due to facts, these things make Aircradt ideal for short-haul flights from the UK to Spain’s popular islands.

The hybrid airships that were first created for the U.S. military always have 10 examples in the Air Nostrum Airline group’s fleet. However, they have been reassembled redesigned, and developed for civilian use in the UK over the past ten years. In addition, now the airline has doubled its order of Airlander 10 creating a fleet of 20s to expand its push into the Med, focusing on the Balearic islands.

Currently, the aircraft created by British manufacturer Hybrid Air Vehicle, the elliptical shaped aircraft is expected to launch in 2026. Tourists mainly from Spain are anxiously waiting to experience a a new level of luxury. According to reports, most recent aircraft can remain in their for more than two weeks while manned for five days straight when unmanned

Read more:

‘Sarah Qureshi’: A Young Pakistani Aerospace Engineer Develops Eco-Friendly Aircraft Engine

Anglo-US Group Completes Test Flight Of Propeller Aircraft Powered By Hydrogen

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Named ‘Playables’, the feature currently under beta testing, allows YouTube users to play fun mini games on the home page

You will soon be able to get some gaming action while scrolling through YouTube, well not exactly action, but just some fun mini games that can be played directly on the YouTube homepage as a good way to pass some time.

YouTube is reportedly testing a new gaming feature named ‘Playables’. Only available to a select few lucky users, the feature is available on a separate tab on the homepage of both the YouTube mobile application and the desktop website.

Users however are still not able to see a list of published titles, but news publisher ‘9to5Google’ have highlighted one game named ‘Stack Bounce’ in particular. It’s a simple arcade-type game where users have to control a ball which will smash through rings provided the user performs some well-timed clicks.

YouTube’s version of Stack Bounce looks quite similar to the versions available readily on the PlayStore or even Facebook games.

And this is not the first time Google has been using the game either, the game was previously featured in Google’s GameSnacks service, which was a Google platform that allowed people to enjoy quick loading bite-sized games on their mobile devices; GameSnacks however failed, making its way into Google’s graveyard of failed projects.

Now on YouTube, Stack Bounce is expected to save game progress, which can later be accessed through the browser history.

While YouTube for now has a simple game that allows users to bounce a ball through rings, it might introduce other more fun mini games if the feature turns out to be a success. Which one of your favorite mini games do you want on YouTube? Let us know in the comments below!

Read more:

• After Bill Gates, CEO Of Nokia To Also Visit Pakistan With Investment Potential
• Pakistani Ahmed Larik Selected Among Top 100 Saudi Visionary Leaders

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Pakistan has recently unveiled an ambitious plan to combat electricity theft and enhance revenue recovery, ultimately aiming to provide relief to the general public. Minister for Power and Energy, Muhammad Ali, presented this multifaceted strategy during a news conference, alongside Caretaker Minister for Information and Broadcasting, Murtaza Solangi.

The gravity of the issue became evident as Muhammad Ali revealed that Pakistan’s ten distribution companies collectively suffer a staggering loss of 589 billion rupees, primarily due to the rampant theft of electricity and nonpayment of bills. To confront this pressing challenge, the government has devised a comprehensive three-pronged approach:

1. Technological Interventions:

In regions where electricity theft ranges from 15 to 30 percent, the government plans to implement technology-based solutions to clamp down on illegal power consumption.

2. Private Sector Engagement:

For areas where electricity theft exceeds 30 to 60 percent, the private sector will be brought in to manage power distribution, with the aim of enhancing efficiency and accountability in the system.

3. Enforcement Measures:

In regions where power theft surpasses 60 percent, stringent enforcement actions will be initiated to combat widespread theft and encourage prompt bill payments.

Minister Muhammad Ali underscored the urgency of reforming the energy sector, which includes a comprehensive review of the performance of power distribution companies’ Board of Directors. Additionally, changes in management are on the horizon, with officials implicated in electricity theft set to be reshuffled, as finalized lists have already been dispatched to the Election Commission of Pakistan for implementation.

To ensure transparency and monitor the performance of distribution companies, the government is collaborating with the provinces to establish provincial-level Task Forces. Furthermore, a draft law known as the Electricity Theft Control Act is in development to provide a legal framework for addressing electricity theft.

In response to inquiries, Minister Ali stated that the government is exploring various options, including privatization and decentralizing power sector responsibilities to the provinces, as potential measures to enhance performance. The matter of providing free units of electricity to WAPDA (Water and Power Development Authority) officials is also under review, with directives from the Prime Minister.

Highlighting the gravity of the crackdown, Ali mentioned that lists of distribution companies involved in power theft have been compiled with input from the respective Chief Executives.

Minister for Information and Broadcasting, Murtaza Solangi, further assured the public that none of the interim setup ministers are receiving free electricity, dispelling any notions of preferential treatment. He emphasized the interim government’s commitment to upholding constitutional norms and pledged not to take any extra-constitutional actions.

This robust initiative to combat electricity theft reflects the government’s determination to address the root causes of financial losses in the power sector. It also underscores their commitment to ensuring a fair and equitable distribution of electricity across Pakistan, ultimately benefiting the citizens. This multifaceted approach represents a significant step towards a more efficient and accountable energy sector in the country.

The government’s resolute stance on tackling electricity theft is not just a financial imperative but also a crucial step towards ensuring a reliable and sustainable power supply for the people of Pakistan. By introducing technological solutions, engaging the private sector, and implementing enforcement measures, the government is not only aiming to recover significant revenues but also striving to create a fairer and more transparent electricity distribution system. This multifaceted approach, coupled with the commitment to adhere to constitutional norms and accountability, signifies a concerted effort to usher in positive change in Pakistan’s energy sector, ultimately benefiting both the economy and the everyday lives of its citizens.

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Caretaker Federal Minister for IT and Telecommunications, Dr. Umar Saif, has disclosed an exciting development for Pakistan’s tech industry – the imminent visit of the CEO of Nokia, the renowned Scandinavian cellphone manufacturer. This revelation emerged following a meeting between Dr. Saif and Wille Eerola, the Consul General of Pakistan in Finland and Chairman of the Finland-Pakistan Business Council. The discussions during this meeting revolved around mutual interests and strategies to boost IT exports from Pakistan.

Dr. Umar Saif emphasized the tremendous potential for expanding Pakistan’s IT exports in the Scandinavian region with collaboration with Nokia. He revealed that the CEO of Nokia is scheduled to make an official visit to Pakistan, underlining the importance of this visit by noting that Nokia 4G phones are already being assembled in Pakistan. Furthermore, the future discussions with Nokia’s CEO will extend to cutting-edge technologies like 5G and even the prospective 6G technology, demonstrating Pakistan’s commitment to staying at the forefront of technological advancements.

In another significant development, Pakistan is eagerly anticipating the visit of Bill Gates, the co-founder of Microsoft and a prominent philanthropist. This visit is scheduled for September 23, 2023, and holds great promise for fostering collaboration in the fields of information technology and scientific research. Pakistan’s government has been actively pursuing investment from the Bill Gates Foundation, illustrating the nation’s dedication to nurturing technological progress and innovation.

Bill Gates’ forthcoming visit aligns seamlessly with the overarching vision of Prime Minister Imran Khan’s administration. The government’s primary focus is to attract direct foreign investment and implement comprehensive reforms that position Pakistan as an attractive destination for global investors and leading international corporations. This endeavor reflects Pakistan’s steadfast commitment to fostering economic growth and technological advancement on a global scale.

During Bill Gates’ visit, the Pakistani government intends to engage him in discussions aimed at securing his support and investment in Pakistan’s IT and science and technology sectors. In preparation for this significant meeting, both the IT and Science and Technology ministries have been diligently working to outline substantial projects and investment opportunities that align with Gates’ philanthropic and technological interests.

The interest expressed by Bill Gates in investing in Pakistan’s IT sector was confirmed by Dr. Christopher Elias, the President of the Bill and Melinda Gates Foundation’s Global Development Division. This affirmation came during a meeting between Dr. Elias and Prime Minister Imran Khan in Islamabad. While specific details regarding the investment remain undisclosed, this declaration marks a pivotal step forward in Gates’ ongoing commitment to bolstering Pakistan’s development efforts.

Pakistan stands on the cusp of exciting developments in the realm of technology and innovation. The impending visit of Nokia’s CEO signifies growing opportunities for collaboration and technological advancements in the country, particularly in the field of telecommunications. Concurrently, Bill Gates’ visit holds immense promise for bolstering Pakistan’s IT and scientific sectors, furthering the nation’s commitment to progress and development. These endeavors, collectively, represent Pakistan’s dedication to becoming a global hub for technological innovation and investment.

In addition to the noteworthy visits of Nokia’s CEO and Bill Gates, Pakistan’s burgeoning tech landscape has been on a remarkable trajectory in recent years. The nation has made significant strides in establishing itself as an outsourcing destination for IT services and software development. Pakistani tech firms have gained recognition for their excellence in delivering software solutions to clients worldwide. This growth is not only contributing to the country’s economic development but is also positioning Pakistan as a vital player in the global technology ecosystem.

The government’s emphasis on attracting foreign investment in the IT sector is well-founded. Pakistan’s young and tech-savvy population provides a valuable resource for innovation and entrepreneurship. Initiatives to nurture startups and create a conducive environment for tech-driven businesses are paving the way for the country’s digital transformation.

Moreover, the prospect of discussing 5G and potential 6G technology with Nokia’s CEO during his visit underscores Pakistan’s commitment to staying at the forefront of telecommunications technology. The deployment of advanced networks like 5G is essential for powering the future of digital services, from autonomous vehicles to the Internet of Things (IoT). Pakistan’s engagement in these discussions showcases its ambition to be a regional leader in adopting cutting-edge technology, driving economic growth and innovation.

Bill Gates’ visit, on the other hand, signifies more than just a philanthropic endeavor. His foundation’s interest in Pakistan’s development signals a broader commitment to addressing critical issues such as healthcare, education, and poverty alleviation through technological innovation. This aligns perfectly with Pakistan’s own aspirations to leverage technology for the betterment of society and the economy.

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Ahmed Ali Larik, an IT expert of Pakistani descent, has earned a place among the esteemed DT 100’s Top 100 Saudi visionary leaders for his exceptional contributions to revolutionizing the digital banking sector. In a remarkable feat, he stands as the sole Pakistani to receive this prestigious recognition in the current year.

Mr. Larik gained prominence as an accomplished visionary professional who played a pivotal role in the evolution of digital banking and fintech. He was a driving force behind technological advancements at EMKAN Finance, a subsidiary of Alrahji Bank, one of the world’s largest Islamic Banks.

DT 100 represents a significant initiative aimed at celebrating the extraordinary achievements of technology leaders in Saudi Arabia. This distinguished program is designed to pay tribute to exceptional individuals who have led groundbreaking technological innovations in the region.

Ahmed Ali Larik is widely acknowledged as a catalyst for propelling Saudi Arabia toward an innovation-driven economy. He has become a recognized thought leader in the industry, regularly sought after as a speaker at prominent industry conferences. In these forums, he generously shares his invaluable research, insights, and expertise as a technology strategist. His contributions extend to appearances at CXO global forums, where his expertise shines. Notably, he has also earned the title of “Technology Master” and secured a place among the top 200 CIOs recognized by the Global CIO forum.

Building on his accolades, Mr. Larik has provided valuable insights into emerging technologies, offering comparative analyses of growth disparities between the markets of Pakistan and Saudi Arabia. His extensive research spans topics such as Neom, hyperloop technology, and overall smart city projects. Neom, a special economic zone in Saudi Arabia, particularly captures his attention. It is dedicated to constructing an innovative city with a strong emphasis on integrating AI, IoT, and Data Analytics into governance, services, and decision-making processes.

Furthermore, Ahmed Ali Larik sheds light on cybersecurity threats and preventive measures. While Pakistan is in the nascent stages of AI and IoT adoption, the Saudi Government has been diligently working on a metaverse experience in Neom known as XVRS. This endeavor aims to create a mixed-reality urban living model featuring digital assets, built-in crypto capabilities, and NFT monetization. In contrast, Pakistan, while showing interest in the metaverse, has yet to fully embrace NFTs and blockchain for real-time transactions and digital property acquisitions. To support its ambitious goals, Neom is investing heavily in a half-billion-dollar data center called ‘ZeroPoint,’ slated to be the region’s first next-generation hyperscale data center, playing a pivotal role in powering the company’s infrastructure.

Mr. Larik also underscores the significant impact of neo-banks on Saudi Arabia’s banking sector, ushering in a new era of digital financial services. These innovative financial institutions, unburdened by traditional brick-and-mortar branches, have redefined banking accessibility for Saudi citizens.

As Saudi Arabia continues its journey towards a more diversified and technology-driven economy through initiatives like Vision 2030, neo-banks assume a pivotal role in shaping the nation’s financial landscape. In Pakistan, a similar transformation is in its infancy, with the establishment of Digital Banking Regulations. However, the market has yet to witness new players entering the arena, making Mr. Larik’s insights and expertise all the more valuable in guiding Pakistan’s digital banking future. This dynamic landscape underscores the importance of visionary leaders like Ahmed Ali Larik in steering nations toward a tech-savvy tomorrow.

Ahmed Ali Larik’s impact goes beyond his professional accolades. He embodies the spirit of cross-border collaboration and knowledge sharing. His efforts in bridging the technological gap between Pakistan and Saudi Arabia are commendable. By providing valuable insights into emerging technologies and growth disparities, he is not only contributing to the advancement of the Saudi tech landscape but also inspiring growth in Pakistan’s tech sector. This bi-national perspective fosters a sense of innovation exchange that can benefit both nations, paving the way for mutually beneficial partnerships in the ever-evolving tech world.

In addition to his technological expertise, Mr. Larik’s focus on cybersecurity and the safeguarding of digital assets is of paramount importance in today’s interconnected world. His proactive stance in addressing potential threats and proposing preventive measures highlights his commitment to the responsible development of digital infrastructure. As technology continues to advance at an unprecedented pace, thought leaders like Ahmed Ali Larik play a crucial role in ensuring the security and integrity of digital ecosystems, not just in Saudi Arabia and Pakistan but on a global scale. His work serves as a beacon for others in the industry, promoting innovation while keeping a vigilant eye on safeguarding the digital frontier.

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Caretaker Prime Minister Anwar-ul-Huq Kakar has approved bringing PayPal, and Starlink to Pakistan

According to Dr.Saif, IT exports can reach $10 billion and startups could raise $1 billion

The PM said a training program is already going on for 200,000 IT professionals

On Wednesday, caretaker prime minister Dr. Anwar-ul-Haq Kakar approved the Ministry of Information and Technology (IT) and Telecommunications’ plan for a new comprehensive policy that will help to enhance IT exports. This plan was approved during a review meeting on the Information Technology and Telecom sectors. During the meeting, the ministry presented initiatives for Pakistan’s IT development and an action plan to increase domestic IT exports. In this meeting, Caretaker Minister for IT and Telecom Dr Umar Saif, appreciated the ministry for thinking something beyond to facilitate IT professionals. Furthermore, he also appreciated him for his comprehensive measures aimed at tapping the unlimited potential of the country’s IT sector. 

The Prime Minister has approved and appreciated our plan for the Ministry of IT and Telecom:

1. Enhance IT exports by institutionalising dollar retention accounts, IT corporate debit cards to enable easy flow of money in and out of retention accounts, streamlining tax issues and… pic.twitter.com/QAQPT4ObZ8

— Umar Saif (@umarsaif) September 6, 2023

The caretaker prime minister also signed the directives to the Ministry of Finance the State Bank of Pakistan, the Ministry of Trade and Commerce, the Federal Bureau of Revenue (FBR), and the Ministry of Energy to cooperate and collaborate with the Ministry of IT on this matter. Dr. Said appreciated the efforts and said that the new IT policy aims to enhance the country’s digital exports through institutionalizing dollar retention accounts and enabling an easy flow of money through IT corporate debit cards.

During the meeting, Mr.Kakakr approved the plan comprises of the following points:

• Increase IT exports by institutionalizing dollar retention accounts, IT corporate debit cards, and streamlining tax issues
• Establish a training program for IT professionals to add $5 billion to IT exports
• To support IT professionals bring Paypal and Stripe to Pakistan to facilitate online payments
• To raise the potential earnings of 500,000 freelancers by an additional $3 billion per year, co-working facilities will be established
• Introduce Starlink to improve connectivity throughout the country
• Create a government-backed Pakistan Venture Capital Fund to attract foreign venture capitalists and enable $1 billion VC investment in startups
• Enabling active spectrum sharing and offering the telecom sector the important incentives, rules, and regulations to get ready for the future 5G auction
• To enhance local demand, incentives are provided for local smartphone manufacturing and export, and smartphone financing channels are introduced

Speaking and highlighting the country’s cell phone industry Dr. Saif mentioned that the nation is the seventh-largest market worldwide, therefore the ministry plans to encourage domestic production and export of smartphones to attract foreign investments. The ministry plans to revolutionize the IT industry and digitize all government institutions at the federal level to improve the tax collection system and identify tax evasion. Moreover, the sectors are constantly trying and putting efforts into developing the country’s IT industry by facilitating international standard IT training to students and increasing the skilled workforce in the region. 

All these initiatives seek to increase Pakistan’s IT exports and further digitize the economy, promoting economic growth and development.

Read more:

Bill Gates To Visit Pakistan This Month And Might Invest In Pakistan’s Tech Industry

ITCN Asia 2023:Digital Domination, Opportunities, And Challenges

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Rumored to be moving away from leather products, Apple will no longer be releasing leather cases for iPhone 15 and leather bands for the Series 9 Apple Watch

Scheduled to organize a special event next week, Apple will be releasing some of its most awaited products, these one’s however, might not include leather accessories. Well atleast if the rumors are correct, Apple might discontinue both its leather cases for iPhone 15 and leather bands for the Series 9 Apple Watch.

Discontinuation of leather accessories will bring an end to a successful Apple and Hermès partnership that has brought in some of the most famous watch bands and phone case designs for Apple products.

Rumors about the discontinuation first started when Apple employees started receiving massive 90% discounts on Hermès leather bands, which is something that only happens once Apple is about to discontinue a product.

“Apple is expected to begin moving away from leather on its Apple Watch bands as well,” said Bloomberg Journalist Mark Gurman, while breaking the news.

Leather bands that are still available on Apple’s official website are quickly selling out, with the classic ‘Link Bracelet’ being the fastest one.

Apple users have been speculating the end of leather accessories for a long time, with some reports even going as far as a year.

Expected to discontinue leather accessories, Apple will surely come up with some entirely different designs and materials. Reports from 9to5mac suggest that Apple, planning to come up with something premium for its leather replacement, is introducing ‘fine woven’ phone cases.

Read more:

• 5G Launch Is Nearly Impossible In Next 10 Months In Pakistan
• NASA Helps Farmers By Detecting Plant Viruses In The Crops from Above

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New research has unveiled the remarkable potential of NASA’s cutting-edge imaging technology to detect early signs of any plant viruses, which has the potential to wreak havoc on wineries and grape growers. This innovative breakthrough is not only a boon for the wine and grape industry, which suffers staggering losses annually due to this destructive disease, but it also holds promise for revolutionizing global agriculture.

By employing intricate infrared imagery captured via aircraft flying over California’s Central Valley, scientists achieved the ability to identify Cabernet Sauvignon grapevines that were infected with the virus, even before visible symptoms manifested. Typically, growers can only spot the disease when it has reached an advanced stage and requires immediate action.

This groundbreaking technology, bolstered by machine learning and thorough ground analysis, exhibited impressive accuracy rates of nearly 90% in detecting infected plants, as indicated by two recent research papers.

Katie Gold, an assistant professor specializing in grape pathology at Cornell University and a key figure in the research, remarked, “This is the first time we’ve ever shown the ability to do viral disease detection on the airborne scale.” She further expressed the team’s aspiration to scale this technology to space.

NASA’s Jet Propulsion Laboratory is actively working on sending their airborne imaging instrument, known as AVIRIS-NG, into space. The research team envisions utilizing routine aerial images and data from the deployed instrument to monitor crops more extensively.

The potential implications of this venture, if realized globally, could have far-reaching benefits for the entire food supply chain. Early disease detection would enable targeted interventions, optimize resource allocation, reduce environmental chemical usage, and enhance overall sustainability from both ecological and financial perspectives.

Ryan Pavlick, a research technologist at JPL, cautioned that achieving this vision is still a distant goal, requiring further research before the spectrometer’s planned launch into space by the end of the decade. Nonetheless, the current study focused on vineyards, and the grapevine leafroll virus 3 (GLRaV-3) serves as a promising example of the technology’s transformative capabilities.

The leafroll virus is primarily transmitted by the endemic mealybug within vineyards, and once the disease takes hold, the only recourse is removal. This results in approximately $3 billion in annual damage and losses to the U.S. wine and grape industry.

Presently, growers can only detect the virus through labor-intensive vine-by-vine analysis and costly molecular testing, typically yielding results too late to prevent crop damage and spread.

Stephanie Bolton, the research and education director at the Lodi Winegrape Commission, an advocacy group for winegrowers that participated in the research, emphasized the financial devastation caused by this issue, stating that once symptoms become noticeable, the virus has often already spread widely throughout the vineyard.

To address this challenge, the research focused on identifying early infections, which led to the 2020 “wine tour” over Lodi vineyards. During this collaboration between JPL and Cornell University, the AVIRIS-NG spectrometer captured data from thousands of acres of vineyards, creating detailed maps of light reflection properties beyond the visible spectrum.

Utilizing this data, the research team developed and trained computer models to identify infections, while vineyard partners scouted for symptoms and provided samples. This collective effort, involving over 300 acres of vineyards over two years, yielded promising results.

Although the study concentrated on red grapes, there is optimism that asymptomatic detection could also be employed to identify the virus in white grape varieties, which are susceptible but more challenging to diagnose.

Katie Gold noted, “We’re really at a renaissance in the use of remote sensing in plant pathology,” emphasizing the potential to halt disease outbreaks before they escalate into epidemics, enabling growers to make more sustainable choices.

Despite the study’s success, expanding the project with additional airplane flights over the numerous vineyards in California and around the world is neither logistically nor financially viable. Hence, the researchers are setting their sights on space as the solution. Gold emphasized that space monitoring offers the unique opportunity to manage this issue at a regional community scale, given that vineyards border each other and space coverage spans a much larger area.

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The post NASA Helps Farmers By Detecting Plant Viruses In The Crops from Above appeared first on TechJuice.

Islamabad: The launch of the 5G spectrum in Pakistan in 10 months is nearly impossible. According to the scenario, due to economic uncertainty, the ongoing depreciation and constant devaluation of Pakistani currency against the dollar, and a lack of technology to support the 5G spectrum in the nation, local mobile operators are not ready to purchase 5G licenses.

The federal Ministry of IT and Telecommunication has also failed till now in bringing any 5G technology for the auctioning of licenses for the said spectrum. Umer Saifafter conducting a meeting with Pakistan Telecommunication Authority announced the launch of 5G in Pakistan within 10 months. The questions asked by various reporters from Umer Saif through WhatsApp were: “The local network operators are not ready to buy the licenses under current economic conditions. How will the authority compensate them? Will they auction for less money and if so, how will the authority then build infrastructure for 5G spectrum? How else will the government facilitate local networks for the 5G spectrum? Secondly, the Ministry of IT has not yet issued any policy for a 5G license auction to PTA. The procedure itself is lengthy and takes months or even a year or more to complete. How is it possible under these circumstances to launch 5G within 10 months? Please comment”.

A reputed source in Pakistan Telecommunication Authority revealed on condition not showing his name to the public and posted it anonymously that the launch of 5G may be nearly impossible within 10 months because the local mobile network operators are not ready to buy the licenses owing to multiple challenges. The Ministry of IT has yet to issue a 5G licensing strategy, and local network operators are not interested in investing in 5G spectrum licenses because the necessary technological infrastructure does not yet exist.

According to the source, “Before the auctioning of licenses for 5G spectrum, the ministry of IT first issues a policy to PTA under section 8, which then hires international consultants to analyze and suggest auctioning templates. “Nothing has started as of today”.Pakistan has already on a 30 MHz frequency of 5G for quite a long time, but the operators are not willing to buy. One of the mobile network operators claimed that even less than 5% of consumers may have access to devices that enable 5G spectrum. As less than 50% of consumers have mobile phones that handle the aforementioned frequency, one major operator informed that Pakistan is a country where the 3G/ 4G spectrum has not even reached the best level. 

“What will 5G benefit us in these circumstances? How will we pay a huge amount of dollars for a 5G license when we earn minimal in rupees which is devaluing every passing day?”.

After Uganda, the lowest Average Revenue Per User (ARPU), which has fallen to $0.85, is in Pakistan. In local networks, under these circumstances, how can local operators spend millions or billions of dollars on 5G licenses when we barely make ends meet and at the same time, there is no infrastructure or technology in place to enable the 5G spectrum in the nation?

According to sources, due to higher tariffs and import restrictions, people lack the purchasing ability to purchase 5G-compatible smartphones. Local operators will need to upgrade their networking platforms for the subsequent introduction of 5G, which is now not possible due to import restrictions and the prohibition on LCs. 

Aamir Hafeez Ibrahim who is CEO of Jazz Networks also expressed the same thoughts in his tweets and interviews. However, in Pakistan, it is not easy to do as there are many hurdles including taxation and teledensity. 

From 2014 to 2017, the Pakistani government made approximately 1.8 billion USD through the auction of 3G/4G licenses to various mobile networks in Pakistan. In 2021, the Pakistan Telecommunication Authority (PTA) issued Ufone a 4G license. This license contained improved network rollout requirements and quality of service standards to protect the interests of customers.

Previously, Ufione had submitted a bid of $279 million for a 9MHz block in the 1800Mhz band, the sum of the revenues from the auction of the spectrum was $279 million. In the same year, the Pakistan Telecommunication Authority granted new licenses to three popular cellular companies after winning spectrum in the first-ever cellular spectrum auction for Next Generation Mobile Services (NGMS) in Azad Jammu & Kashmir (AJ&K) and Gilgit Baltistan (GB), which generated revenue to the tune of $30.322 million

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In the ever-evolving landscape of technology, founders of artificial intelligence (AI) companies have ascended to the status of modern-day titans. Their innovations, ranging from AI chatbots to the cutting-edge chips powering them, are not only setting new records in terms of user numbers but also attracting the interest of nations looking to stockpile these technological marvels. Simultaneously, these pioneering inventors are amassing unimaginable wealth.

The consensus among governments and experts is that AI is on the brink of ushering in profound changes across various industries, including agriculture, healthcare, and defense. However, the conundrum lies in the uncertainty surrounding whether this technological revolution will yield predominantly positive or negative consequences.

With AI generating an unprecedented level of enthusiasm, it is no surprise that the individuals spearheading this tech revolution are enjoying a VIP treatment of their own. Recently, Indonesia made headlines by awarding its exclusive golden visa to Sam Altman, the co-founder of OpenAI. Altman’s meteoric rise to tech stardom came on the heels of the viral release of OpenAI’s AI chatbot, ChatGPT, in December. The golden visa not only grants Altman the privilege of staying in Indonesia for up to a decade but also bestows upon him perks such as expedited airport screening and service lanes, hassle-free travel, and exemption from cumbersome paperwork like limited stay permits.

Indonesia joins a select group of countries, including the United States, Ireland, and Spain, in offering a golden visa to high-net-worth individuals deemed to contribute significantly to the nation’s economy. Indonesia, with its population reaching a staggering 275 million last year, boasts the world’s 16th-largest economy.

Indonesia’s Golden Visa: Rolling Out the Red Carpet for Tech Titans

Indonesia’s golden visa, conferred upon Sam Altman, is exclusively reserved for “figures who have an international reputation” and must be proposed by a central government agency, according to Silmy Karim, Indonesia’s director general of immigration. The country is, in Karim’s words, rolling out the “red carpet” to entice AI investment.

Typically, a five-year golden visa necessitates individual investors to establish a company with a minimum value of $2.5 million, while a $5 million investment secures the coveted 10-year visa. Altman’s recent global tour to discuss AI regulation showcased his popularity among tech enthusiasts and policymakers. It also underscored the challenges associated with AI, particularly in terms of misinformation and falsehoods generated by chatbots like ChatGPT.

During his visit to India, Altman had the opportunity to meet with Prime Minister Narendra Modi and assume the role of the guest of honor at a talk attended by prominent figures in the country’s technology and business sectors. Additionally, he may soon find himself on the guest list for Rishi Sunak’s AI safety summit at Bletchley Park, the historic site of the Second World War Enigma code breakers.

Indonesia’s Potential and the Golden Visa Program

Indonesia possesses a multitude of strengths that make it an attractive destination for investment. With a population of approximately 275 million people, it ranks as the world’s fourth most populous nation. Moreover, it is the largest Muslim-majority country globally, providing significant soft power connectivity to a global Muslim population exceeding 1.8 billion individuals, with substantial representation in Africa, the Middle East, and South Asia.

The country also boasts a burgeoning middle-class consumer base, offering substantial potential to solidify its position as a non-aligned superpower with significant economic influence. Currently, Indonesia stands as the world’s seventh-largest economy by GDP (PPP) and is on a trajectory to enter the top five in the coming century. Its economy demonstrates remarkable resilience, frequently surpassing 5% YoY GDP growth and weathering shocks like those caused by COVID-19 and the 2022 geopolitical conflicts.

Reforms in Indonesia have been moving in the right direction, particularly in the property market, which recently opened up to foreign buyers on a larger scale. This reform allows non-resident foreigners to own property with relatively manageable minimum investment thresholds, a departure from previous restrictions on foreign property ownership.

The country’s tourism sector has also experienced robust growth, with a recent target of welcoming 7 million international visitors. Notable destinations like Bali, Yogyakarta, and various other locales across Indonesia’s 6,000+ inhabited islands continue to attract tourists, making tourism a significant economic driver.

Indonesia’s Golden Visa Program Unveiled

The recent announcement of Indonesia’s Golden Visa program has stirred interest across Asia. The program offers two investment options:

1. For a five-year visa, a minimum investment of USD $350,000 in shares of public companies, savings or deposit accounts, or government bonds is required.
2. To secure a ten-year visa, a larger investment of USD $700,000 is necessary.

However, it’s crucial to clarify that this program does not grant citizenship or permanent residency. Indonesia has strict citizenship laws, and the issuance of citizenship to non-Indonesians is exceedingly rare and typically limited to cases of marriage or extraordinary integration into Indonesian society. Instead, the Golden Visa program offers a form of residency.

Moreover, this residency is not permanent; it is a five- or ten-year investor visa that could potentially be subject to changes or expiration. For the amount of investment required, individuals can explore alternative options in various European countries such as Latvia, Greece, or Portugal, as well as neighboring countries like the Philippines or South Korea, both of which offer underrated residency programs. Alternatively, high-growth markets in the Americas, such as Mexico, Colombia, or Brazil, also provide attractive investment opportunities.

There has also been ongoing speculation about the introduction of a true digital nomad visa, catering to the Bali-adjacent crowd. However, in practice, many visa facilitators across Indonesia have been able to secure endlessly renewable “social visit” or “business research” visas for individuals seeking a physical presence in the country.

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In recent developments surrounding the ever-entrepreneurial Elon Musk, his father, Errol Musk, has expressed deep concerns about his son’s safety. Errol’s apprehension stems from perceived threats by influential political figures, marking yet another chapter in Elon Musk’s tumultuous journey as a high-profile billionaire. Beyond this, we’ll explore Elon Musk’s controversial acquisition of Twitter, his involvement in international politics, and the persistent security challenges he faces.

Errol Musk, at the age of 77, has raised eyebrows by questioning a recent article in The New Yorker. This article posited that Elon Musk wields considerable influence over government decisions, particularly in areas such as Ukraine, social media, and electric vehicles. The piece also highlighted the crucial role of SpaceX’s Starlink satellites in the Ukraine conflict, further amplifying Musk’s global significance.

The article gained more traction when U.S. President Joe Biden hinted at the need to scrutinize Musk’s foreign connections, following the billionaire’s acquisition of Twitter. Titled ‘Elon Musk’s Shadow Rule,’ Errol Musk described the article as a “hit job” sponsored by a “shadow government,” aiming to tarnish his son’s reputation. He likened it to the preliminary softening of an enemy before an impending attack, a tactic to prepare the public for an assault.

However, what’s most alarming is Errol Musk’s expressed fear that the “shadow government” could potentially assassinate his son. This fear underscores the gravity of the threats perceived by the Musk family, highlighting the unique challenges that come with being one of the world’s most influential figures.

Elon Musk’s acquisition of Twitter for a staggering $44 billion in October of the previous year raised significant controversy. His decision to rebrand the platform as ‘X’ was met with criticism, as it was accused of fostering hate speech and spreading misinformation. The move placed Musk squarely in the crosshairs of public opinion and political scrutiny, adding to the already substantial pressure he faces.

In May of the same year, Dmitry Rogozin, the former head of the Russian space agency, made a veiled threat against Musk concerning the provision of Starlink satellite internet service to Ukraine. Rogozin humorously remarked, “If I die under mysterious circumstances, it’s been nice knowing ya.” While initially interpreted as jest, the comment hinted at the potential dangers associated with Musk’s ventures.

However, a few months later, Russian President Vladimir Putin replaced Rogozin with Yuri Borisov, dispelling the uncertainty that once surrounded the situation. Nevertheless, the incident serves as a reminder of the international implications of Musk’s endeavors and the potential risks he faces on the global stage.

Recent revelations from Twitter employees have shed light on Musk’s persistent security concerns. Several staff members informed the BBC that Musk consistently had security personnel trailing him. The difficulty in maintaining security was attributed to layoffs and other changes initiated by Musk himself, further illustrating the complex challenges of safeguarding the billionaire.

In the midst of these developments, it’s important to recognize that Elon Musk’s influence reaches far beyond the tech industry. His ventures have made him a pivotal player in geopolitics, and his actions are under constant scrutiny. While the concerns expressed by Errol Musk may seem extreme, they underscore the reality that comes with such immense power and influence.

The recent controversies and security threats surrounding Elon Musk paint a vivid picture of the challenges faced by modern-day visionaries. From questionable acquisitions to international politics and persistent security concerns, Musk’s journey is far from smooth sailing. As the world continues to watch his every move, the Musk family remains vigilant, hoping for their son’s safety and success in the midst of ever-mounting pressures.

Elon Musk’s remarkable journey has undoubtedly left an indelible mark on the technological and business landscape of our time. While his father’s concerns may appear extreme to some, they reflect the unique set of challenges faced by individuals of Musk’s stature. It’s a reminder that the world of innovation and entrepreneurship can be a double-edged sword, where immense success is often accompanied by intense scrutiny and potential risks.

Looking ahead, the Elon Musk saga will undoubtedly continue to captivate global attention. As he pushes the boundaries of space exploration, electric vehicles, and renewable energy, the world watches with bated breath, both in awe of his visionary achievements and in anticipation of the challenges that lie ahead. In an era where technological advancements shape the course of nations and individuals wield unprecedented influence, Elon Musk stands as a symbol of the complex interplay between innovation, power, and security in our modern world.

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The government of Pakistan’s pursuit of Bill Gates Foundation’s investment in the IT and Science sectors underscores the nation’s commitment to fostering technological advancement and innovation. Bill Gates’ visit to Pakistan on September 23, 2023, is anticipated to open up new opportunities for collaboration in these critical areas. This effort aligns with the broader vision of Prime Minister Imran Khan’s administration, which is dedicated to attracting direct foreign investment and introducing comprehensive reforms to make Pakistan an attractive destination for global investors and leading international businesses.

During Bill Gates’ visit, the Pakistani government aimed to persuade him to invest in and support Pakistan’s IT and science and technology sectors. Both the IT and Science and Technology ministries have been asked to provide details on significant projects and investment opportunities.

Bill Gates’ interest in investing in Pakistan’s IT sector was confirmed by Dr. Christopher Elias, President of the Bill and Melinda Gates Foundation’s Global Development Division, during a meeting with Prime Minister Imran Khan in Islamabad. Although the specific details of the investment were not disclosed, this marks another step in Gates’ commitment to supporting Pakistan’s development.

This initiative builds upon past collaborations between Pakistan and the Bill and Melinda Gates Foundation, primarily focused on eradicating polio. Bill Gates and Prime Minister Khan have previously discussed efforts to combat polio, and the foundation has been a longstanding supporter of Pakistan’s polio eradication program.

Furthermore, it’s worth noting that Pakistan has been making significant strides in its IT and science and technology sectors. During Bill Gates’ visit in 2022, discussions around IT cooperation took place, and former Prime Minister Shehbaz Sharif also discussed IT cooperation during his meeting with Gates in the United States.

In addition to these efforts, the Bill & Melinda Gates Foundation has recently funded Pakistani fintech company OneLoad with $11 million, supplementing the financial capital it secured in the previous year. This investment, led by Sarmayacar and Shorooq Partners, will support OneLoad’s expansion plans, including launching new products and expanding services in the unbanked Pakistani market.

OneLoad, a Pakistani fintech product, has already received investment from the International Finance Corporation (IFC) in early 2020. The company has processed substantial transactions, offering services such as mobile top-ups, internet packages, banking access, utility bill payments, digital wallet services, and government-to-person payments.

Muhammad Yar Hiraj, the founder and CEO of OneLoad, aspires to transform the company into the largest banking platform for Pakistan’s financially excluded market without physical branches.

Pakistan has been gaining attention in the startup and fintech space, attracting substantial investments. This influx of capital holds promise for the country’s economic growth and development, potentially pulling it out of crises and encouraging other startups to seek foreign funding. Economists like Dr. Nadeem-Ul-Haq believe that growth and investment are pivotal forces that can drive Pakistan’s economy forward.

Pakistan’s burgeoning fintech landscape has garnered substantial attention, with notable investments like the recent $17.6 million raised by Pakistan’s fintech Dbank, backed by US-based Sequoia Capital. This influx of capital is a ray of hope for Pakistan, potentially driving economic growth and prosperity. It not only signals an attractive investment climate but also encourages other startups to seek foreign funding, a sentiment echoed by renowned economists like Dr. Nadeem-Ul-Haq, who believe that growth and investment are pivotal forces that can lift Pakistan’s economy out of crises.

In addition to the investment opportunities, Bill Gates’ visit offers a platform for Pakistan to showcase its technological advancements and its commitment to becoming a regional tech hub. Collaborative efforts between the government, private sector, and philanthropic organizations like the Bill and Melinda Gates Foundation can pave the way for sustainable development, job creation, and innovation in Pakistan’s IT and science sectors, positioning the nation on a trajectory toward a prosperous future.

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The chip war is rising, and China and the U.S. compete against each other. China is reportedly preparing to introduce a new $40 billion investment funded by the government to subsidize its semiconductor industry. China competes with the U.S. and other tech giant countries to dominate high-end chip production. The $40 billion investment is the biggest of three launched by the China integrated circuit industry investment fund, also named the Big Fund. The fund will reportedly focus investment on machinery used to produce sophisticated chips, and its target is higher than comparable funds formed in 2014 and 2019.

Xi Jinping, the Chinese president, has pushed China to achieve self-sufficiency in semiconductors. The news circulating also indicates that the bipartisan CHIPS Act of the U.S. government granted $39 billion in industrial subsidies intended to increase local production of high-end chips. On the other hand, the U.S. and its allies have sought to limit China’s access to cutting-edge technologies out of concern that the Chinese government may use them to hasten its military modernization and intensify internal repression. 

In addition, the U.S., Japan, and the Netherlands have planned to implement export controls in recent years to prevent Chinese firms from acquiring the tools needed to produce the most advanced and high-tech semiconductors—similarly, those to power artificial intelligence models or guide precision weapon systems. 

However, the Chinese telecom company Huawei reportedly obtained $30 billion in government support in response to these trade restrictions to establish a semiconductor manufacturing network of businesses and operate under several names to circumvent export prohibitions. Moreover, the Chinese government has also retaliated by imposing its restrictions as those targeting U.S. chipmaker Micron. 

However, the export restrictions on China have caused some companies in the space, including A.I. powerhouse biggest giant Nvidia, to recreate their product portfolios to ensure that chips shipped to China comply with export restrictions. In a recent regulatory filing, Nvidia noted that the U.S. applied comparable restrictions on undisclosed Middle Eastern nations. Although several Middle Eastern nations have strong commercial boundings to rival nations like China and Russia, it needs to be clarified which nations in the region are affected by the limitations.

As per the reports, it still needs to be made clear when the Chinese government will launch the fund, and the fundraising process may take several months. The two most significant funds were financed by state-owned entities such as China Development Bank Capital, China National Tobacco Corp., China Telecom, and the government’s finance ministry.

Previously, significant funds were provided financial aid to China’s two largest chip makers, including SemiconductorSemiconductor Manufacturing International Corp. and Hua Hong SemiconductorSemiconductor, flash memory chipmaker Yangtze Memory Technologies, and several other smaller companies and funds. Instead of constantly investing in the sector and competing as a leading producer of less sophisticated chips, China has struggled to take a leading role in the global supply chain for advanced chips.

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ITCN Asia, the most prominent IT and Telecom show in Pakistan, offers Pakistan’s tech industry a chance to unite and showcase its technology developments. The three-day event emphasizes networking and knowledge sharing through conferences. In this, IT shows the most potent brands will showcase their state-of-the-art products and services, giving a broad spectrum to the user community to get exposure to a wide range of technology and solutions under one roof. The show helps and provides opportunities for business-to-business alliances, benefiting their mutual strengths. The 3-day show provides a comprehensive platform to showcase solutions for all critical verticals of the economy. The show welcomes all sectors and is not restricted only to Government, Cloud, Data Centers, Cybersecurity, ERP, Education, Banking and finance, Health and pharma, e-commerce, Artificial Intelligence, and Robotics. ITCN took place in Expo center Karachi from August 31 to September 02.

On Day 2 of the ITCN Asia 2023 conference, I witnessed a captivating event titled “Digital Domination: Opportunities and Challenges which offered insightful information about the developments of technology and education. The event was conducted in collaboration between the Institute of Business Management (IoBM), an Academic Partner for ITCN Asia 2023, and Viper Technology, making it a significant highlight of the conference. Mr. Talib Karim, President of IoBM, graced the occasion as the Chief Guest.

The event started with a welcoming note and opening remarks from the first keynote speaker, Dr.Imran Batada, CTO and Director of CIT at IoBM. Dr. Batada highlighted the future of technology and higher education and the entrepreneurial vision of today’s youth. He emphasized the importance of academia in fostering this vision and encouraged businesses to adopt a startup culture.

Later, the show was continued by the second keynote speaker, Mr Faisal Shaikh, co-founder of Viper Technology and CEO of VIION Technology, and he highlighted the difficulties and challenges Pakistan faces in embracing new technology. He gave a detailed review of the nation’s technological landscape while emphasizing the need for greater acceptance of innovation. Following the enlightening keynotes, a panel discussion featured prominent figures from different fields, including Mr. Sohaib Hassan, an award-winning marketer and media strategist. Mr. Khushnood Aftab, CEO of Viper Technology, Mr. Shaukat Ali Khan, Global CIO at AKUH, and Mr. Abrar Ahmed Khan, CMO of Beaconhouse Group, shared their valuable perspective on brand investment, AI developments, and education sector capacity building.

Dr. Imran Batada, who declared the ceremony with his keynote, expertly moderated the panel discussion. While addressing the audience, Mr. Baber Majid Bhatti, CEO of the National Information Technology Board (NITB), highlighted the state of Pakistan’s IT industry and its future opportunities and challenges. His knowledge and insight highlighted technology’s critical role in determining the country’s digital destiny and the required regulations and processes that Pakistan’s IT stakeholders must establish. The event was beautiful, with new ideas and notes. Later, Mr.Talib Karim, the chief guest, stressed the value of concentrating on exports and remittances. He highlighted the issue and urged the audience to prioritize efforts in the IT sector. Furthermore, he stressed the need to increase software exports and enable the next generation to have the tools they need to bring advancements in the sector. 

Moreover, Mr. Karim also disclosed IoBM’s plans to establish an IT park on campus that would support startups and advance teaching and training initiatives for students through ITCN Asia 2023, five startups that were nurtured through the Shahjehan S. Karim Incubation Centre at IoBM prominently displayed their goods.

The “Digital Domination: Opportunities And Challenges” event at ITCH Asia 2023 was a dynamic platform for thought leaders to bring innovations, exchange ideas, address critical issues, and explore the potential of technology and education in Pakistan.

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As we know, AI has taken the lead in almost every field. AI is everywhere, whether we talk about media, healthcare, financial institutions, or the education sector. Many companies are trying to incorporate AI into their daily routine. A novel study from the University of South Australia has discovered a range of metabolic biomarkers that could help identify cancer risks. According to the study, 84 indicators using machine learning to analyze data from 459,169 UK Biobank users could signal an increased cancer risk. Several markers also identified chronic liver or renal disease, highlighting the significance of examining the underlying pathogenic mechanisms of these mechanisms to look for any links to cancer.

Cancer is a significant health problem worldwide. Its critical early detection and management are essential for patients to recover quickly. Therefore, the early identification and treatment of liver cancer can benefit from using biomarkers. However, identifying and using biomarkers to minimize cancer risk might be difficult. Artificial intelligence is a valuable tool for research and potential clinical application since it has promised to detect and use biomarkers in managing liver cancer. 

The study on how AI helps identify cancer risks, mainly named the Hypothesis-free discovery of novel cancer predictors using machine learning, was made by UniSA researchers Dr. Iqbal Madakkatel, Dr. Amanda Lumsden, Dr. Anwar Mulugeta, and Professor Elina Hyppönen, with University of Adelaide’s Professor Ian Olver.

According to Dr. Iqbal Madakkatel, Researcher, UniSA, “We conducted a hypothesis-free analysis using artificial intelligence and statistical approaches to identify cancer risk factors among more than 2800 features. More than 40% of the features the model identified were biomarkers – biological molecules that signal health or unhealthy conditions depending on their status – and several of these were jointly linked to cancer risk and kidney or liver disease.”

In addition, Dr. Amada Lumsden states that this study gives a broad spectrum of mechanisms that may contribute to cancer risks. “Similarly, other indicators of poor kidney performance such as high blood levels of cystatin C, high urinary creatinine (a waste product filtered by your kidneys), and overall lower total serum protein were also linked to cancer risk.”

She also highlighted the point that, “We also identified that greater red cell distribution width (RDW) – or the variation in size of your red blood cells – is associated with increased risk of cancer.” Her team also identified, “Normally, your red blood cells should be about the same size, and when there are discrepancies, it can correlate with higher inflammation and poorer renal function. As this study shows, there is also a higher cancer risk.”

Moreover, the study also highlights that high levels of C-reactive protein, an indicator of systematic inflammation, are interrelated to increased cancer risk. This is because of the high enzyme gamma-glutamyl transferase (GGT)- a liver stress-related biomarker. According to Chief investigator Professor Elina Hyppönen, Centre Director of the Australian Centre for Precision Health at UniSA, the intensity and power of this study lies in machine learning as machine learning has taken the lead in almost every way.

According to Prof Hyppönen, “Using artificial intelligence, our model has shown that it can incorporate and cross-reference thousands of features and identify relevant risk predictors that may otherwise remain hidden.” In addition, he also stated, “It is interesting that while our model incorporated information on thousands of features, including clinical, behavioral, and social factors, so many were biomarkers, which reflect the metabolic state before cancer diagnoses.” 

The team of researchers also stated, “While further studies are needed to confirm causality and clinical relevance, this research suggests that with relatively simple blood tests, it may be possible to gain information about our future cancer risk. This is important as it allows us to act early when it may still be possible to prevent the disease.”

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