Pakistan recently held its second International Maritime Expo and Conference (PIMEC-25) in Karachi where it announced ambitious plans to expand its maritime sector and boost its blue economy. It is an initiative of the Pakistan Navy, organized under the patronage of the Ministry of Maritime Affairs. The country plans to invest a $100 billion in maritime development by expanding its national…
DreamBig, a fabless semiconductor company founded by NED University alumnus Sohail Syed, has been acquired by Advanced RISC Machines (ARM) for $265 million. The Silicon Valley-based startup is developing networking chips for data centers, with hardware specifically designed to run AI applications. The startup does not manufacture its own chips but instead licenses its designs to other semiconductor companies. It has had a partnership with Samsung’s foundry division to bring its hardware to…