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Airbus and Tribhuvan University have signed a Memorandum of Understanding (MoU) to enhance Nepal's human capital in the aerospace sector. The collaboration will focus on academic development, research, training, and industry exposure in aerospace technologies. The agreement was signed by Jürgen Westermeier, President and Managing Director of Airbus South Asia, and Tribhuvan University Vice-Chancellor Prof. Dr. Sushil Bahadur Bajracharya.
Madhuri Dixit falls victim to AI-generated deepfake video, X flags content
Actress Madhuri Dixit has become the latest victim of AI-generated deepfake videos, with a misleading clip of her in a revealing outfit going viral on social media. The social media platform X has flagged the video as AI-generated and misleading, following similar incidents involving other celebrities.
Nepal to Establish First Sovereign AI Compute Center in Kathmandu
The Government of Nepal announced plans to establish the country's first Sovereign AI Compute Center in Syuchatar, Kathmandu. Finance Minister Dr. Swarnim Wagle stated that the center will provide concessional computing capacity to AI entrepreneurs and startups by acquiring thousands of AI processing units.
Nepal to establish 'Matribhumi Fund' for AI and fuel storage, divest Nepal Telecom shares
Nepal's Finance Minister Swarnim Wagle announced the establishment of a sovereign 'Matribhumi Fund' to finance strategic projects, including AI factories and a three-month fuel reserve. The government also plans to divest 34% of its shares in Nepal Telecom to the public, retaining a 66% controlling stake, with proceeds intended for developing Nepal as a technology hub.
Nepal Government Pledges 1% of Capital Expenditure for Research and Innovation
The Government of Nepal has announced it will allocate one percent of its total capital expenditure towards science, technology, research, and innovation for the upcoming fiscal year 2083/84. This decision, presented by Finance Minister Dr. Swarnim Waglé during the federal budget presentation, aims to foster technological advancement and support national development through increased R&D investment.
