Major technology firms are pouring billions into AI amid market turbulence: Alphabet lost more than $500 billion in market value in a day, while Anthropic is reported to be preparing a record IPO and Meta plans to raise $35 billion.
Microsoft has offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce, as it cuts costs while spending heavily on artificial intelligence.
ByteDance founder Zhang Yiming has topped the Hurun list of China's richest people, as AI-driven wealth grows while real estate and consumer sectors falter.
US President Donald Trump and Chinese leader Xi Jinping secured a temporary trade truce extension and established new AI talks at a White House summit, though major strategic rifts remain unresolved.
Foreign Minister Shishir Khanal urged the UN General Assembly to step up global action against systemic racism and regulate artificial intelligence to curb algorithmic bias, citing Nepal’s constitutional commitments.
Purbanchal University's 43rd senate has approved a Rs 1.99 billion budget for the 2083/84 fiscal year, prioritizing AI curricula, healthcare expansion in Gothgaun, and campus digitization.
Proposals by Silicon Valley leaders to moderate AI development have sparked resistance from China, highlighting intense geopolitical rivalry and mounting commercial pressures.
National Life Insurance gathered over 300 staff in Nepalgunj for a four-day workshop covering artificial intelligence, money-laundering risks, and customer service standards.
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