Author: Mawadat Fatima

Islamabad, Aug 21: The AI startup OpenAI, helmed by Sam Altman, revealed on Tuesday that it has entered into a multi-year relationship with Condé Nast to display material from its brands, including the New Yorker and Vogue, within ChatGPT and SearchGPT prototype. The deal’s financial details were kept a secret. Over the past few months, OpenAI has inked similar agreements with the Financial Times, Time magazine, Axel Springer, the owner of Business Insider, Le Monde in France, and Prisa Media in Spain. Although these content collaborations are crucial for training AI models, the Microsoft-backed company was sued by several media…

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Islamabad, Aug 21: Deputy Prime Minister Ishaq Dar was visited by a high-ranking team from the United Arab Emirates (UAE) on Tuesday, during which they talked about investments in Pakistan’s aviation, railway, and maritime industries. Sheikh Ahmed Dalmook Al-Maktoum led the UAE team that paid the deputy prime minister a visit, according to Dar’s office. According to a statement released on Tuesday, “the talks focused on investment opportunities in Pakistan’s maritime, railways, and aviation sectors.” As one of Pakistan’s closest allies, the UAE has regularly provided financial help to the South Asian nation, joining Saudi Arabia and China in loaning…

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Islamabad, Aug 21: Low-lying areas have been buried by water accumulation as a result of the monsoon rains, which have caused havoc throughout the nation, especially in the provincial capital of Lahore. Lakshmi Chowk, the Mall, Jail Road, Baghbanpura, Tajpura, Iqbal Town, Chowburji, and other low-lying areas of Lahore became ponds due to heavy rainfall that fell after midnight on Wednesday. Meanwhile, early in the morning, reports of light rain came from Barki Road regions and the suburban suburbs of Paragon. Residents were relieved of the heat and the heavy humidity as a result of the late-night downpour. Monsoon rains…

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Islamabad, Aug 21: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Wednesday. CONVERSION RATES FOR AUGUST 21, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE AUGUST 23, 2024 USD      278.2845 GBP      361.7420 EUR      308.3114 JPY        1.8972

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Islamabad, Aug 21: According to the mission, Major Sania Safdar of the Pakistan Army is serving with the United Nations Force in Cyprus (UNFICYP) and is the first peacekeeper from that force to be awarded the 2023 “Certificate of Recognition” for her advocacy of gender equality. Colin Stewart, the UN Secretary-General’s Special Representative in Cyprus, gave her the prize, which is given out by the U.N. Department for Peace Operations in New York. “It means a lot to me and is important for our mission in Cyprus that I am the first peacekeeper from UNFICYP to receive this certificate,” Maj.…

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Islamabad, Aug 21: In order to bring its country up to speed with other contemporary nations, Saudi Arabia has opened its first technical school high school, providing its future generation with cutting-edge tools like robotics, machine learning, and artificial intelligence (AI). In a partnership with the Ministry of Education, Tuwaiq Academy has opened Saudi Arabia’s first technical high school in Riyadh that is only intended for gifted pupils, according to a local news source. The Talented Technical Secondary School is an innovative institution that strives to develop the next generation of innovators by emphasizing practical applications and providing internationally recognized…

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Islamabad, Aug 20: The second Test match between Pakistan and Bangladesh, which is scheduled to take place at the Rawalpindi Cricket Stadium from August 30 to September 3, has ticket pricing announced by the Pakistan Cricket Board. Tickets for the premium enclosures—Miran Baksh, Sohail Tanvir, and Yasir Arafat—will cost PKR 200, in keeping with the first Test’s price structure. Imran Khan and Javed Miandad are among the VIP enclosures that will cost PKR 500 throughout the week and PKR 600 on the weekends. Fans who want a more luxurious match experience can purchase the PKR 2,800 Gallery pass, which comes…

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Islamabad, Aug 20: Samsung is adding a new music identification feature to its Circle to Search feature, which was first available on its mid-range A series tablets. With this update, the Circle to Search tool now has Shazam-like features, greatly increasing user usability. On Samsung devices that enable Circle to Search and have Google app version 15.32.37.28 installed, users may now enjoy the new music recognition capability. The Circle to Search feature is powered by this version of the Google application. It is noteworthy to mention that Google, not Samsung, is in charge of overseeing the implementation of this function.…

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Islamabad, Aug 20: KARACHI: In keeping with the rise in global rates, gold prices in Pakistan reached a record high on Tuesday. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) released figures that show that the price of gold increased by Rs. 700 per tola to Rs. 260,700, while the price of 10-gram increased by Rs. 600 to close at Rs. 223,508. Gold saw increases on the global market as well, with an increase in price of $19 to close at $2,374 per ounce. In contrast, the price of silver per tola stayed at Rs 2,950. The price of gold…

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Islamabad, Aug 20: After starting trade at 278 in the interbank market, the Pakistani rupee (PKR) remained steady vs the US dollar today. For the fourth consecutive day, it closed in the green against the greenback all day long. During today’s session, it recorded losses compared to the majority of the other major currencies. The interbank rate closed at 278/$, where it had spent the majority of the day. Today’s open market rates were rigidly set at the 278 level across a number of currency exchanges. The PKR gained 10 paisas against the US dollar today, and it appreciated by…

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