Latest News on Business, Finance and Markets from Pakistan

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brecorder.com > news > 40/43/9185 > sindh-advocates-putting-country-at-forefront-of-tech-revolution

Sindh advocates putting country at forefront of tech revolution

10+ hour, 3+ min ago   (478+ words) KARACHI: The Sindh government has pledged its fullest support for equipping Pakistan’s emerging technology talent with the latest skills and creating an enabling environment for entrepreneurs and startups in the information technology sector, with the objective of helping the country…...

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brecorder.com > news > 40/43/9271 > openais-altman-wont-do-ipo-this-year-calls-ai-extinction-risk-unacceptable

OpenAI's Altman won't do IPO this year, calls AI extinction risk 'unacceptable"

1+ hour, 43+ min ago   (524+ words) LOS ANGELES: OpenAI will not go public in 2026, Chief Executive Sam Altman said in remarks published ‌on Saturday, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s end. The…...

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brecorder.com > news > 40/43/9270 > obama-voices-caution-on-ai-urges-democrats-to-tackle-it-nyt-says

Obama voices caution on AI, urges Democrats to tackle it, NYT says

2+ hour ago   (310+ words) Former President Obama warned AI is dangerous if mismanaged, urging Democrats to develop policy frameworks and future presidential candidates to prioritize AI safety and economic concerns. Former US President Barack Obama has warned that artificial intelligence could be “dangerous” if…...

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brecorder.com > news > 40/43/9233 > pakistan-calls-for-global-cooperation-on-digital-assets

Pakistan calls for global cooperation on digital assets

10+ hour, 3+ min ago   (336+ words) ISLAMABAD: Pakistan has called for stronger global cooperation to develop regulatory and institutional frameworks for digital assets, warning that countries must either shape the future of finance or risk being shaped by it. Minister of State and Chairman of the…...

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brecorder.com > news > 40/43/9182 > anthropic-ceo-urges-ai-companies-to-slow-model-development-amid-fears-over-misuse

Anthropic CEO urges AI companies to slow model development amid fears over misuse

16+ hour ago   (356+ words) Anthropic CEO Dario Amodei advocates for slowing AI development to manage risks, proposing a three-step framework for safer AI amidst growing misuse concerns and incidents involving rogue agents. Anthropic CEO Dario Amodei called on AI companies to moderate the rate…...

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brecorder.com > news > 40/43/9158 > how-anthropic-says-claude-was-used-for-weapons-spying-and-cyber-operations

How Anthropic says Claude was used for weapons, spying and cyber operations

1+ day, 6+ min ago   (879+ words) Anthropic said in a threat intelligence report on Thursday that several actors had used its Claude AI models for activities ranging from weapons development and cyber operations to surveillance and fraud. Here are some of the most notable cases described…...

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brecorder.com > news > amp > 40437126

Chinese firm lauds Punjab’s AI-based governance initiatives

1+ week, 6+ day ago   (366+ words) LAHORE: Punjab Chief Minister Maryam Nawaz Sharif, during her visit to China, had a meeting with high-level delegation of leading Chinese Technology Company Alibaba Cloud, which expressed keen interest in Punjab’s IT sector. The Alibaba Cloud officials appreciated Punjab’s AI-based…...

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brecorder.com > news > amp > 40436115

Anthropic market debut could break SpaceX IPO record

3+ week, 10+ hour ago   (233+ words) SAN FRANCISCO: The market debut of artificial intelligence start-up Anthropic, a chief rival to OpenAI, could break the record set by SpaceX, US media have reported. Elon Musk’s space company went public in June at a value of USD1.77 trillion and…...

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brecorder.com > news > 40435052

Nvidia eyes investing $3 billion in SB Energy under OpenAI data center deal, Information says

4+ week, 1+ hour ago   (267+ words) Nvidia is reportedly in talks to invest up to $3 billion in SB Energy, a SoftBank subsidiary, to support a massive Ohio data center project for OpenAI. Nvidia is in talks to invest as much as $3 ​billion in SB Energy, a…...