Category: Emerging Tech

  • Consumers Face Higher Tech Prices as AI Data Centers Devour Memory Chips

    Consumers Face Higher Tech Prices as AI Data Centers Devour Memory Chips

    Xiaomi president Lu Weibing said this week that memory supply pressures in 2026 “will be far greater than this year,” predicting “a significant increase” in retail prices for consumer products. William Keating, head of semiconductor consultancy Ingenuity, echoed the warning, saying shortages will hit makers of PCs, smartphones and servers alike. “End result: consumers will pay more,” he said.

    The surge in demand is pushing memory prices sharply higher, boosting revenues for chipmakers such as Samsung, SK hynix, Micron and SanDisk. Samsung recently noted that AI-driven server demand “significantly exceeds industry supply” and announced plans for a new semiconductor plant in South Korea. SK hynix reported record quarterly results amid soaring DRAM and NAND prices.

    Industry researcher TrendForce says the memory market has entered a strong upward pricing cycle that is already forcing brands to raise retail prices. It has also lowered its 2026 production forecasts for smartphones and laptops. Cars could be affected too, though they rely less heavily on memory chips.

    Analysts say the shortage stems from unexpectedly strong AI demand combined with years of chipmakers cutting expansion spending to keep supply tight and prices high. As a result, consumers and businesses should expect higher memory prices and longer wait times through early 2026. – ERMD

  • CodeSphere 2.0 Showcases Innovation at NED University

    CodeSphere 2.0 Showcases Innovation at NED University

    As many as 25 projects were showcased, highlighting the creativity, technical expertise, and problem-solving capabilities of the university’s emerging software engineers.

    Experts from the software industry visited the exhibition, reviewed various technical aspects of the projects, and provided valuable feedback and guidance to students. The participating project teams included students from all batches of the department, demonstrating that not only final-year students but also undergraduates from junior years are actively engaged in practical, project-based learning at the university.

    The projects spanned a wide range of cutting-edge domains, including blockchain, application development, cybersecurity, and sustainable digital solutions.

    Speaking about the event, Prof. Dr. Shehnila Zardari, Chairperson of the Department of Software Engineering, said, “CodeSphere 2.0 is more than just an exhibition—it is a celebration of ideas, collaboration, and the problem-solving spirit that defines our discipline.”

    She added that the projects reflect the diversity and depth of modern software engineering, exemplifying students’ ability to merge theoretical knowledge with practical implementation, guided by sound engineering principles and user-centered design approaches.

    The exhibition provided students with valuable opportunities to engage with peers, faculty, and industry professionals, bridging the gap between academia and the professional world. “Through mentorship, teamwork, and iterative development, our students have demonstrated the skills essential for success in a rapidly evolving technological landscape—technical expertise, adaptability, leadership, and ethical responsibility,” Dr. Zardari remarked.

    — ER News Desk

  • Magnetic materials discovered by AI could reduce rare earth dependence

    Magnetic materials discovered by AI could reduce rare earth dependence

    “By accelerating the discovery of sustainable magnetic materials, we can reduce dependence on rare earth elements, lower the cost of electric vehicles and renewable-energy systems, and strengthen the U.S. manufacturing base,” said Suman Itani, lead author and a doctoral student in physics.

    The newly created database, named the Northeast Materials Database, helps to more easily explore all the magnetic materials which play a major role in the technology that powers our world: smartphones, medical devices, power generators, electric vehicles and more. But these magnets rely on expensive, imported, and increasingly difficult to obtain rare earth elements, and no new permanent magnet has been discovered from the many magnetic compounds we know exist.

    How AI is transforming materials research
    The research, published in the journal Nature Communications, outlines how the UNH team built an artificial intelligence system that can read scientific papers and extract those key experimental details.

    This data fed computer models that identified whether a material is magnetic, and how high a temperature it can withstand before losing its magnetism and organized it into a single, searchable database.

    Scientists know that many undiscovered magnetic compounds exist, but testing every possible combination of elements—potentially millions—in the lab is prohibitively time-consuming and expensive.

    “We are tackling one of the most difficult challenges in materials science—discovering sustainable alternatives to permanent magnets—and we are optimistic that our experimental database and growing AI technologies will make this goal achievable,” said Jiadong Zang, physics professor and co-author.

    Researchers, which also include co-author Yibo Zhang, a postdoctoral researcher in both physics and chemistry, say that moving forward the modern large language model behind this project could have widespread use beyond this database, particularly in higher education. For instance, converting images to a modern rich text format could also be used to modernize library holdings. – Courtesy TX/Nature Communications

  • NetSol Technologies Signs Rs500 Million Agreement with KP Government to Advance Paperless Governance

    NetSol Technologies Signs Rs500 Million Agreement with KP Government to Advance Paperless Governance

    The company announced the development in a notice to the Pakistan Stock Exchange (PSX) on Friday, stating that the project is funded by the World Bank.

    “NetSol Technologies has entered into a landmark agreement with the Government of Khyber Pakhtunkhwa, valued at over PKR 500 million, to implement the next phase of the Paperless Government Project,” the statement read.

    According to the company, the initiative builds on Phase I, which successfully digitized key workflows such as summaries to the chief minister, cabinet processes, and other core paper-based operations. The upcoming phase aims to expand automation across departments and establish secure inter-agency integrations to enable faster decision-making and enhanced auditability.

    “This milestone transforms digital governance from concept to reality—delivering quicker services, minimizing manual processes, and ensuring transparent, traceable decision-making across government,” said Salim Ghauri, Chief Executive Officer of NetSol Technologies.

    He added, “We are proud to partner with the provincial government in driving greater transparency, accountability, and efficiency in public administration.”

    Established in 1996, NetSol Technologies Limited began as a private limited company before being converted into a public limited company. It specializes in the development and global distribution of computer software and IT services.

    Earlier this month, NETSOL’s sub-subsidiary, NetSol Institute of Artificial Intelligence (Pvt.) Limited, signed a partnership with the National Vocational and Technical Training Commission (NAVTTC) to train 1,600 participants in artificial intelligence, data science, and cybersecurity.

    In August last year, a consortium led by NetSol Technologies also entered into an agreement with Ignite – National Technology Fund, under the Ministry of IT & Telecom, to establish and manage the National Incubation Centre (NIC) Lahore for a five-year term. – ER News Desk

  • NETSOL Partners with NAVTTC to Train 1,600 Professionals in AI, Data Science, and Cybersecurity

    NETSOL Partners with NAVTTC to Train 1,600 Professionals in AI, Data Science, and Cybersecurity

    This strategic collaboration represents a major step forward in building Pakistan’s digital talent ecosystem, addressing the rapidly growing demand for skilled professionals in emerging technologies across both local and global markets.

    Endorsing the initiative, Mr. Salim Ghauri, CEO and Founder of NETSOL Technologies, stated:“This milestone initiative aims to develop a robust pipeline of skilled digital professionals, aligning with Pakistan’s vision for a thriving digital economy. By addressing the urgent need for future-ready talent, the collaboration reinforces NETSOL’s ongoing commitment to national capacity building and global tech competitiveness.”

    The partnership underscores NETSOL’s continued leadership in advancing technology education and promoting innovation, ensuring that Pakistan remains at the forefront of the global digital transformation, the information share on PSX said. –
    ER News Desk

  • Nvidia can’t sell its most advanced AI chip to China: White House

    Nvidia can’t sell its most advanced AI chip to China: White House

    “As for the most advanced chips, the ‘Blackwell’ chip, that’s not something we’re interested in selling to China at this time,” she said during a press briefing.

    Leavitt said that US President Donald Trump is very clear in his stance on this issue.

    Her comments followed remarks made by Trump on Sunday that the most cutting-edge chips produced by the most valuable corporation in the world would only be available to US businesses and barred from sale to China and other nations.

    Since Trump said in August that he would permit sales of a reduced-scale Blackwell chip to China, questions have been raised about whether he would permit such shipments.

    During their summit in South Korea last week, Trump suggested he could bring up the chips with Chinese President Xi Jinping, but he later stated that the subject was not brought up. ERMD/

  • Pakistan’s IT Exports Surge 18 pc to $3.8 Billion in FY2025; Meta Delegation Meets Commerce Minister Jam Kamal Khan

    Pakistan’s IT Exports Surge 18 pc to $3.8 Billion in FY2025; Meta Delegation Meets Commerce Minister Jam Kamal Khan

    The Minister shared these figures during a meeting with a delegation from Meta, led by Rafael Frankel, Director for Public Policy (South Asia). The two sides discussed expanding cooperation in digital trade, e-commerce, and artificial intelligence (AI). Coordinator to the Prime Minister on Commerce Rana Ihsaan Afzal also attended the meeting.

    Minister Jam Kamal Khan appreciated Meta’s continued partnership in supporting Pakistan’s digital transformation and highlighted that the country’s digital economy is among the fastest-growing in South Asia, driven by a young population, increasing connectivity, and a strong IT talent pool producing over 75,000 graduates annually.

    He informed the delegation that the National E-Commerce Policy 2.0 (2025–2030) is in the final stages of development. The updated policy aims to expand Pakistan’s e-commerce market to $20 billion by 2030, focusing on MSME digitization, logistics improvement, and cross-border trade facilitation.

    The Minister also highlighted Pakistan’s leadership role in regional digital trade forums, including the SCO E-Commerce Cooperation Program and the MPCEPA, where issues such as digital trade and secure data flows are central to ongoing discussions.

    Inviting Meta to collaborate through the Ministry’s IT Sectoral Council, Jam Kamal Khan proposed joint work on AI ethics, digital safety, and e-commerce standards. He also briefed the delegation on Pakistan’s recent progress in AI policy and governance, referencing the National AI Policy 2025, the Uraan Pakistan initiative, and the Digital National Pakistan (DNP) Act 2025, which collectively aim to promote ethical, transparent, and inclusive AI adoption to boost SMEs and exports.

    He further invited Meta to partner in AI skilling programs for youth and explore a Meta–Pakistan E-Commerce Accelerator Pilot to strengthen digital entrepreneurship and innovation.

    Mr. Rafael Frankel commended Pakistan’s achievements in advancing digital transformation and expressed Meta’s keen interest in expanding collaboration in AI-driven innovation, digital skills, and SME support. He reaffirmed Meta’s commitment to empowering Pakistani entrepreneurs through initiatives such as Meta Boost, which promotes digital skills, responsible marketing, and online safety.

    Both sides agreed to continue close cooperation to promote innovation, ensure safe online practices, and advance economic empowerment through technology. The meeting concluded with a reaffirmation of the long-term partnership between Pakistan and Meta to accelerate the country’s digital economy. –

  • OpenAI launches AI browser Atlas in latest challenge to Google

    OpenAI launches AI browser Atlas in latest challenge to Google

    The launch marks OpenAI’s latest move to capitalize on 800 million weekly active ChatGPT users, as it expands into more aspects of users’ online lives by collecting data about consumers’ browser behavior. It could accelerate a broader shift toward AI-driven search, as users increasingly turn to conversational tools that synthesize information instead of relying on traditional keyword-based results from Google — intensifying competition between OpenAI and Google.

    Shares of Alphabet (GOOGL.O), opens new tab, which owns the Chrome browser, were down 1.8% in afternoon trading.

    Reuters earlier reported on OpenAI’s planned browser launch. It is the latest entrant in a crowded field of AI browsers, which includes Perplexity’s Comet, Brave Browser and Opera’s Neon, as companies race to weave in tools that can summarize pages, fill out forms and draft code to attract users.

    Atlas lets users open a ChatGPT sidebar in any window to summarize content, compare products or analyze data from any site. In “agent mode,” now available to paid users, ChatGPT can interact with websites on their behalf — completing tasks from start to finish, such as researching and shopping for a trip. – Courtesy Reuters

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  • 6th World ESG Summit: Windmason Arabia’s IDEC Technology Draws Global Attention

    6th World ESG Summit: Windmason Arabia’s IDEC Technology Draws Global Attention

    Engineer Javeria Asad, HVAC Project Manager at Windmason Arabia Co., presented on IDEC Technology and its contribution to sustainable cooling solutions. She highlighted that traditional air conditioning systems are among the largest contributors to carbon emissions and energy consumption, particularly in warm regions such as the Middle East.

    Her presentation demonstrated how IDEC technology is driving a shift toward energy-efficient, eco-friendly, and future-ready cooling systems. By reducing environmental impact while meeting the growing demand for cooling, this innovation directly supports the achievement of ESG objectives.

    Through her participation, Engineer Javeria Asad represented Windmason Arabia’s commitment to sustainability and emphasized the HVAC industry’s vital role in advancing ESG-aligned practices. She also noted that the summit provided a valuable opportunity to engage with global leaders, exchange insights, and contribute to shaping a more sustainable future. RIYADH

  • Megaplus Pakistan Implements H3C WiFi 7 Solution at Pakistan Stock Exchange

    Megaplus Pakistan Implements H3C WiFi 7 Solution at Pakistan Stock Exchange

     Through this successful implementation, Megaplus Pakistan has positioned PSX among the pioneers in Pakistan to adopt next-generation WiFi 7 technology, delivering ultra-fast, reliable, and intelligent enterprise connectivity.

     The newly deployed system ensures lightning-fast wireless speeds for enhanced business operations, seamless connectivity across critical PSX facilities, and a future-ready network foundation built for scalability, security, and innovation.  
    This achievement underscores Megaplus Pakistan’s commitment to delivering cutting-edge networking solutions that empower organizations across Pakistan to embrace digital transformation with confidence.

     The company expressed appreciation to the PSX Management and IT Team for their support and cooperation throughout the project, calling the deployment a landmark step in strengthening Pakistan’s digital ecosystem. – ERMD