Saturday, October 24
Artificial intelligence, quickly advancing in India and expanding into various sectors, has also emerged as a prominent focus for venture capital investments.These funds are allocating a higher share of investment dollars for AI startups, said a TOI report. The usage of AI as a tech tool is not new but why it is piquing investor interest is because its use cases are expanding - in India, for instance, founders are now looking beyond enterprise tech to build AI-led solutions for consumers. Naman Lahoty, partner at Stellaris Venture Partners, said that the firm will double down on AI investments this year. "Most of the tech pitches we see these days are from AI startups. But what is most encouraging is that we have started seeing a lot of AI-first businesses building for consumers as well. W
Pakistan and China have reiterated their commitment to further deepen their "all-weather strategic" partnership, including work on the "high-quality development" of the second phase of the multi-billion dollar China Pakistan Economic Partnership, according to media reports on Saturday. The development came during the fourth round of Pakistan-China Bilateral Political Consultations (BPC) in Beijing on Friday, according to Geo News. Foreign Secretary Amna Baloch led the Pakistan delegation, while Vice Foreign Minister Sun Weidong led the Chinese side. The meeting reviewed the entire spectrum of practical cooperation between the two countries, focusing on the projects driving the high-quality development of CPEC 2.0. "Both sides agreed to further deepen their mutual partnerships in sector
