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OpenAI has reportedly informed investors that its annualised revenue is approaching $50 billion, around $20 billion lower than a figure reported last month, according to the Financial Times. The earlier estimate, which put the artificial intelligence company’s annualised revenue close to $70 billion, was reported by several media outlets and was based on information shared with investors. The Financial Times said the figure emerged from efforts by some of OpenAI’s investors to compare its revenue directly with that of rival AI company Anthropic. Different methods of calculating revenue OpenAI and Anthropic use different methods to calculate annualised revenue, making direct…

Prime Minister Shehbaz Sharif held a telephone conversation with Jamiat Ulema-e-Islam (JUI-F) chief Maulana Fazlur Rehman to discuss the deadlock in negotiations with the Pakistan Tehreek-e-Insaf (PTI) and the party’s planned long march. According to sources, the conversation took place after a consultative meeting held on Wednesday night. During the call, Fazlur Rehman advised the prime minister against imposing emergency or Governor’s Rule in Khyber Pakhtunkhwa (KP), saying such a move could cause political damage to the ruling parties. Sources said Fazlur Rehman expressed his willingness to play a role in resolving the political impasse through mutual understanding. He also…

The Long March, one of the defining episodes in the history of the Communist Party of China (CPC), unfolded across thousands of kilometers from 1934 to 1936. This year marks the 90th anniversary of the victory of the Long March, the places where the Red Army passed through remain important for understanding China’s revolutionary history and the values associated with it. Since the 18th National Congress of the CPC, Chinese President Xi Jinping, also general secretary of the CPC Central Committee, has visited a number of those historic sites during inspection tours across China. From the Zunyi Meeting site in…

Mao made the remarks at a press briefing in response to a question about the election for WHO director-general. She said the WHO plays a leading and coordinating role in global health governance, and the role of its director-general is particularly important as global health faces new challenges. China’s nomination of Song reflects China’s willingness to work with all parties to promote the building of a global community of health for all, as well as its firm support for multilateralism and the WHO, Mao stressed. China believes that if elected, Song would help the WHO play a more active role…

The China Coast Guard (CCG) on Thursday warned the Philippine side to immediately stop its infringements, provocations and false claims after a Philippine Coast Guard vessel transported an injured person from a grounded vessel near Ren’ai Jiao. Jiang Lue, a spokesperson for the CCG, said that on Thursday, Philippine Coast Guard vessel 4409 went to waters near Ren’ai Jiao to transport one injured person from the vessel illegally grounded there. Out of humanitarian considerations, the Chinese side immediately allowed the Philippine side to transfer the injured person by small boat, and the CCG handled the matter in accordance with the…

China’s service consumption market grew steadily during the National Day holiday, with average daily sales revenue in related sectors rising 19.5% year on year, according to the State Taxation Administration. Tourism remained a major driver of holiday spending, with sales revenue from sightseeing and entertainment services rising 23.6% year on year. Bookings at tourist attractions across China increased significantly, with provinces rich in natural scenery emerging as popular destinations. Data from Trip.com showed that bookings in Xizang Autonomous Region surged nearly 50% year on year during the holiday, while Qinghai Province, Guizhou Province and the Xinjiang Uygur Autonomous Region each…

Khyber Pakhtunkhwa Chief Minister Sohail Afridi has finalized the latest schedule for the next phase of the PTI long march, with the convoy set to remain in Peshawar on October 8 before moving through Charsadda and Mardan and reaching Swabi on October 11. The date for the Swabi leg has been changed again as the PTI leadership continues its methodical march through Khyber Pakhtunkhwa. Afridi is expected to remain among party workers and supporters in different districts until October 11 and lead the next phase of the protest. Under the latest programme, Afridi will address gatherings at different locations in…

Pakistan and Bahrain have agreed to step up economic cooperation and work towards increasing bilateral trade to $1 billion, as the two countries held the third meeting of their Joint Ministerial Commission in Islamabad after a gap of five years. Deputy Prime Minister and Foreign Minister Ishaq Dar and Bahraini Foreign Minister Dr. Abdullatif bin Rashid Al Zayani co-chaired the meeting, which was held during Al Zayani’s two-day official visit to Pakistan. Bahraini Foreign Minister Abdullatif bin Rashid Al Zayani arrived in Islamabad for the two-day official visit, where he was received by Deputy Prime Minister Ishaq Dar at the…

A police station house officer (SHO) and his gunman were martyred when unidentified armed suspects opened fire on police personnel in Karak district of Khyber Pakhtunkhwa, police said on Thursday. According to police, SHO Dawood Khan and his gunman Farhad were killed in the firing in the New Kadapa area of Banda Daud Shah. Police launch search operation Following the incident, District Police Officer (DPO) Karak Imran Khan reached the area along with additional personnel. Police launched a search operation in the surrounding area to trace and arrest those responsible for the attack. Funeral prayers offered Funeral prayers for SHO…

The Saudi-led coalition fighting the Houthi militia has destroyed 82 military targets across four Yemeni provinces in retaliation for recent drone and ballistic-missile attacks on civilian infrastructure in Saudi Arabia that killed three people and injured 36 others. Coalition spokesman Major-General Turki Al-Maliki said Thursday that the “comprehensive operation” targeted Houthi military positions in Saada, Al-Hudaydah, Al-Jawf and Marib, warning that attacks on civilians and civilian facilities “will not go unpunished.” According to Al-Maliki, the coalition operation targeted a range of Houthi military assets, including 11 mountain-based ballistic missile storage facilities in Saada. The strikes also hit command-and-control centres, communications…