Category: 3. Business

ISLAMABAD, Oct. 31, 2025 /PRNewswire/ — With AI-powered education forecast to exceed USD 50 billion globally by 2030 and adoption in professional training accelerating at 45 percent annually (HolonIQ 2025), the Pakistan Engineering Council (PEC) has signed a landmark collaboration with MindHYVE.ai™, to bring adaptive, data-driven learning to Pakistan’s engineering community.

The agreement establishes the country’s first AI-enabled national CPD framework, using ArthurAI™, MindHYVE’s adaptive educational intelligence platform, to transform how more than 250,000 engineers engage in lifelong professional learning.

“This partnership marks a defining step in transforming engineering education for the AI era,” said Bill Faruki, Founder & CEO of MindHYVE.ai™. “By combining PEC’s national mandate with MindHYVE’s adaptive technologies, we’re laying the foundation for scalable, measurable, and ethical lifelong learning in Pakistan.”

Engr. Khalid H. Abdul, Registrar, Pakistan Engineering Council, added: “As engineering moves into an era of intelligent systems and automation, this initiative equips Pakistani engineers with the digital fluency and ethical grounding they need to compete globally.”

The World Economic Forum 2025 Future of Jobs Report lists AI literacy among the top three skills required in STEM roles worldwide. UNESCO (2024) reports that adaptive-learning frameworks increase skill retention by 35 percent in professional training. McKinsey Global Institute (2024) finds that economies integrating AI into technical education achieve three-to-five-fold productivity gains across industrial sectors. Against this backdrop, PEC becomes the first regulatory body in South Asia to embed AI-adaptive professional learning within a national licensing and accreditation framework.

Under the Memorandum of Understanding signed in Islamabad on October 17, 2025, PEC and MindHYVE will jointly:

• Modernize PEC’s CPD infrastructure through phased deployment of ArthurAI™ to deliver personalized, analytics-driven learning.
• Integrate curated modules from The Dawn Directive™ by the California Institute of Artificial Intelligence (CIAI), an 18-course AI-fluency program—to strengthen engineers’ digital and ethical competencies.
• Co-design pilot programs that assess performance, scalability, and impact before expanding nationally.
• Uphold data privacy, security, and ethical-AI principles, ensuring transparency and institutional integrity.

About the Pakistan Engineering Council (PEC)

Established under the PEC Act 1976, the Pakistan Engineering Council regulates engineering education, accreditation, and professional practice across Pakistan. It represents over 250,000 engineers and works to align national engineering standards with international best practice.

About MindHYVE.ai™

MindHYVE.ai™ is redefining the boundaries of intelligence by engineering autonomous systems and deploying domain-specific AGI agents across real-world sectors. Powered by the Ava-Fusion™ large reasoning model and architected for agent coordination, swarm intelligence, and adaptive autonomy, MindHYVE’s technology stack is revolutionizing law, medicine, finance, education, and governance.

With operations in North America, Asia, and in Africa, MindHYVE.ai™ is on a mission to democratize access to transformative intelligence and architect the infrastructure for post-scarcity economies. Backed by HYVE Labs, the company continues to shape the future of agentic systems on a global scale.

Website: www.mindhyve.ai | Email:[email protected] | Contact: +1 (949) 200-8668

Media Contact:
Marc Ortiz
Email: [email protected]

SOURCE MindHYVE.ai, Inc.

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Mubadala Capital-backed Aquarian Holdings is in advanced talks to take US life insurer Brighthouse Financial private in a $4bn transaction that could be announced as soon as this weekend, according to three people briefed on the matter.

Aquarian will pay as much as $70 per share, a 40 per cent premium to Brighthouse’s equity price in January when the Financial Times reported the beginning of the sale process. Brighthouse shares closed on Thursday at $45.69.

While talks have reached an advanced stage after months of on and off negotiations, the sources cautioned that no deal had been fully agreed and talks could ultimately break down.

Aquarian is a New York-based asset manager run by Rudy Sahay, a former executive at Guggenheim Partners, and one of the pioneers in matching insurance assets with private investments such as securitised debt, leveraged loans and property.

The Brighthouse auction also featured interest from several private capital groups, including Apollo, TPG, Sixth Street and Carlyle, but some potential bidders baulked during their due diligence process or were unwilling to pay a premium price.

Advisers for Brighthouse including Goldman Sachs spent weeks vetting Aquarian’s financial firepower after the asset manager offered a deal price far greater than what rivals were willing to bid.

Mubadala Capital, the Abu Dhabi-based private capital group, would lead equity financing for the deal, while a consortium of banks would also arrange a more than $1bn debt package, said the sources.

Mubadala Capital is a minority investor in Aquarian after committing $1.5bn to the insurance-focused investment group last year.

The Brighthouse sale process comes as several other large life insurance platforms, including American Equity Life, American National, Global Atlantic and Talcott Resolution, have merged into alternative asset managers.

Insurers affiliated with private capital firms more aggressively invest customer funds in private debt, which can earn asset managers excess returns above payouts to policyholders, rather than in public investment-grade bonds.