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Strong global demand for artificial intelligence has boosted China’s integrated circuit exports, with the export value of integrated circuit products denominated in yuan increasing 88.7% year on year in the first half of the year, official data showed Monday.

Kimi K3, a large artificial intelligence (AI) model developed by Chinese company Moonshot AI, was launched on Friday, marking a new milestone in open-source AI development and highlighting efforts to foster more inclusive and collaborative innovation. With 2.8 trillion parameters, Kimi K3 has become the world’s largest open-source AI model to date, according to Moonshot AI. The model has shown strong performance across multiple evaluations, placing it among the leading AI systems globally. Within hours of its release, Kimi K3 topped the Arena rankings for AI coding tools, becoming the first Chinese AI model to reach the No.1 position on…

As artificial intelligence (AI) rapidly transforms economies and societies, governments around the world are grappling with a common challenge: how to harness the technology’s enormous potential while managing its growing risks. Addressing the opening ceremony of the 2026 World Artificial Intelligence Conference (WAIC) and High-Level Meeting on Global AI Governance in Shanghai, Chinese President Xi Jinping put forward a comprehensive suite of proposals aimed at advancing a more inclusive and coordinated global AI governance framework. From strengthening AI capacity building in developing countries to initiating the establishment of the World AI Cooperation Organization, Xi outlined what many international observers describe…

ISLAMABAD (DI NEWS) : LOLC Microfinance Bank Pakistan marked a significant milestone in its growth journey with the relocation to its new Head Office premises in Gulberg Greens, Islamabad. The new facility was formally inaugurated, reaffirming the Bank’s long-term commitment to expanding financial inclusion and supporting Pakistan’s micro and small business sector. The inauguration ceremony was graced by H.E. Admiral Fred Seneviratne (Retd.), High Commissioner of Sri Lanka to Pakistan, and Mr. Krishan Thilakaratne, Chairman of LOLC Microfinance Bank Pakistan, as the Chief Guests. The event brought together the Board of Directors, the management team of LOLC Microfinance Bank Pakistan,…

Chinese President Xi Jinping on Friday urged efforts to carry out search and rescue operations in a scientific manner after a mountain collapse struck a county in southwest China’s Chongqing Municipality, leaving people trapped and missing. The mountain collapse occurred at about 9:10 a.m. on Friday in Hanjia subdistrict of Pengshui County, bringing down multiple residential buildings at the foot of the mountain. Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, stressed the need to prevent secondary disasters, provide proper medical treatment to the injured, and effectively handle…

The China Meteorological Administration (CMA) on Friday released the MAZU-FengYun Satellite AI Box, which combines Fengyun meteorological satellite capabilities with AI to serve global users. Announced at a 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance sub-forum in Shanghai, the release marks a key step in upgrading MAZU, China’s AI-powered early warning system, from sharing products to delivering AI-enabled capabilities. Integrating satellite data reception, AI inference, multi-source data fusion and operational applications, the AI box can be rapidly deployed and tailored to different countries and regions. It supports a range of scenarios, including internet-based services, Fengyun…

Chinese President Xi Jinping delivered a keynote speech at the opening ceremony of the 2026 World AI Conference and High-Level Meeting on Global AI Governance held in Shanghai on Friday. The following is the full text of the address: Joining Hands to Build a Just and Equitable System For Global AI Governance Keynote Address by H.E. Xi Jinping President of the People’s Republic of China At the Opening Ceremony of the 2026 World AI Conference and High-Level Meeting on Global AI Governance Shanghai, July 17, 2026 Distinguished Colleagues and Guests, Ladies and Gentlemen, Friends, Seventy years ago, a…

Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s commitment to ensuring the security of Chinese nationals, describing their safety as the country’s highest priority while announcing new Chinese investment agreements worth nearly $440 million. Addressing the Pakistan-China Pharmaceutical and Healthcare B2B Investment Conference in Islamabad, the prime minister said Pakistan would leave no stone unturned to provide the best possible security for Chinese citizens working in the country. His remarks came as Pakistani and Chinese companies signed multiple agreements in the healthcare, biotechnology and pharmaceutical sectors, with the combined value of the deals approaching $440 million.PM Shehbaz said the agreements would…

Alphabet’s (GOOGL.O) Google is months behind schedule on the release of Gemini 3.5 Pro, its most powerful flagship AI model, as ​the tech giant works to improve its capabilities, particularly in ‌coding, Bloomberg News reported on Thursday. The delay comes amid fierce competition among AI developers to boost model performance, cut costs and expand enterprise capabilities, fueling ​a steady, industrywide stream of new systems and reasoning models. The model was due to be released in June, ⁠Alphabet CEO Sundar Pichai had said during Google’s annual I/O developer ​conference in May. The setback has some Google engineers, AI researchers and ​managers…

Pakistani actor and television host Sanam Jung has claimed she received six traffic e-challans within a month of returning to Pakistan, alleging that some of the fines were issued for violations she did not commit. In a video shared on Instagram, Sanam said she has been in Pakistan for about a month and that the repeated traffic fines have left both her and her family frustrated, adding that her father was particularly upset over the situation. She admitted that the first fine, issued for using a mobile phone while driving, was justified and accepted responsibility for that violation. However, the…