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AI Infrastructure

Lumen Acquires Pakistani Founded Alkira for $475 Million 

Lumen Technologies will acquire cloud networking startup Alkira for $475 million in an all cash deal aimed at expanding cloud and artificial intelligence networking capabilities.

National Idea Bank Hackathon Registration Deadline Set for May 30 

Applications for the National Idea Bank Hackathon will close on May 30, offering participants mentorship, networking, coaching and pre incubation opportunities.
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NIC Karachi to Host Multi-Stakeholder Consultation on Digital and AI Infrastructure

National Incubation Center Karachi will host a multi-stakeholder consultation on 24 April, bringing together industry leaders to discuss digital infrastructure, AI, and data ecosystems in Pakistan.

3M Expands Expanded Beam Optical Interconnect Production to Support AI Data Center Growth

3M is increasing production of Expanded Beam Optical interconnects to enable faster, scalable connectivity for next-generation AI data centers and high-performance computing infrastructure.

Top VCs forecast bigger AI-driven rounds and fewer winners in 2026 venture funding outlook

Leading venture capitalists expect higher global VC deployment, larger AI-driven funding rounds, and increased market concentration as AI reshapes startup investment trends in 2026.

Temporal Technologies Raises $300M Series D At $5B Valuation As CEO Samar Abbas Set For Fireside Chat

Temporal Technologies has raised $300 million in a Series D round at a $5 billion valuation. CEO Samar Abbas will headline a fireside chat on March 12, discussing durable execution systems and the future of agentic AI.

Ovais Tariq’s Tigris Data Secures $25 Million Series A to Challenge AWS, Google Cloud, and Microsoft Azure

Pakistani-origin entrepreneur Ovais Tariq, former head of cloud infrastructure at Uber, raises $25 million for Tigris Data to take on major cloud providers like AWS, Google Cloud, and Microsoft Azure.

Latest articles

Lumen Acquires Pakistani Founded Alkira for $475 Million 

Lumen Technologies will acquire cloud networking startup Alkira for $475 million in an all cash deal aimed at expanding cloud and artificial intelligence networking capabilities.

National Idea Bank Hackathon Registration Deadline Set for May 30 

Applications for the National Idea Bank Hackathon will close on May 30, offering participants mentorship, networking, coaching and pre incubation opportunities.

SMEDA Highlights SME Cooperation and Trade Facilitation at D 8 Forum

SMEDA represented Pakistan at the 9th Meeting of D 8 SME Governmental Bodies, focusing on regional cooperation, trade facilitation and SME development initiatives.

Angel Investor platform launched to connect Pakistani startups with investors and mentorship opportunities

Angel Investor, presented by SISI Al Kauthar University, aims to connect high potential startups in Pakistan with pre screened investors, mentorship access and long term business partnerships.