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Turkmenistan and Uzbekistan Launch Joint Border Trade Center

17 Nov. 14:13

Source

Presidents of Turkmenistan and Uzbekistan — Serdar Berdimuhamedov and Shavkat Mirziyoyev — participated via video link in the inauguration of a new joint border trade center. The news was reported by the newspaper “Turkmenistan.”

The ceremony followed high-level Turkmen–Uzbek talks held in Tashkent. Elders from Turkmenistan’s Dashoguz province and Uzbekistan’s Khorezm region, along with community representatives and local residents, attended the event.

Construction of the center began in October 2022. The project is expected to boost bilateral trade, attract investment, and foster business cooperation between entrepreneurs of both nations. The opening of the “Shavat–Dashoguz” border trade zone will further stimulate trade flows. An agreement was also reached to replicate this model in other regions, particularly around the “Alat–Farab” crossing area.

After the video ceremony, delegations from both countries visited the Turkmen and Uzbek sections of the complex to familiarize themselves with its operations and available products. During the event, vehicles were presented to the center on behalf of the President of Turkmenistan.

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Tech Giant Amazon Negotiates Landmark $7 Billion Acquisition of AI Startup Decart

Today in 11:31

Source

Amazon is reportedly in advanced talks to acquire the Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to The Wall Street Journal. Founded in 2023, Decart specializes in software that seamlessly bridges various AI processors and develops generative 3D world models such as "Lucy" and "Oasis." The startup had previously reached a $4 billion valuation earlier this year after raising over $400 million from major venture funds.

The strategic acquisition is poised to boost Amazon’s AWS cloud computing division, enhancing its proprietary Trainium3 AI chips to better compete against market leader Nvidia in generative AI hardware infrastructure.

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