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Namibia’s Unemployment Rate Climbs to 36.9%, One of the Highest Globally

Compared to 33.4% in 2018, Namibias unemployment rate increased to 36.9% in 2023, according to the statistics office. In the third quarter of 2024, Na

Compared to 33.4% in 2018, Namibias unemployment rate increased to 36.9% in 2023, according to the statistics office. In the third quarter of 2024, Namibia, which has a population of approximately three million, surpassed South Africa, which recorded a decrease to 32.1%, to have one of the highest official jobless rates in the world. The Labour Force had 867,247 people, but only 320,442 were employed, according to StatisticianGeneral Alex Shimuafeni. Importantly, discouraged workers are not included in the published unemployment rate, meaning the number of unemployed people is more considerable. The 2023 Labour Force report indicated a broader rate of 54.8%. To combat unemployment and poverty in the nation, Presidentelect Netumbo NandiNdaitwah has pledged "radical shifts." Read More..

B2B Tech News | 1 years ago          

SoftBank in Talks to Invest Up to $25 Billion in OpenAI Amidst AI Expansion

As it continues to grow its footprint in the AI space, SoftBank is allegedly in talks to invest $15 billion to $25 billion in OpenAI, the firm that cr

As it continues to grow its footprint in the AI space, SoftBank is allegedly in talks to invest $15 billion to $25 billion in OpenAI, the firm that created ChatGPT. The Stargate project, a joint venture between Oracle, OpenAI, and SoftBank that aims to invest up to $500 billion to retain U.S. leadership in AI against international competitors, may benefit from this investment. SoftBank plans to invest $40 billion in Stargate and OpenAI, having already committed $15 billion to Stargate. SoftBanks share price increased after Stargate was announced, but it has fallen more than 12% due to competition from DeepSeek, a Chinese business. With a $157 billion valuation, OpenAI is among the most valuable private corporations in the world. Read More..

B2B Tech News | 1 years ago          

Mexico’s Economy Set to Contract in Q4 2024, First Decline in Over Three Years

A Reuters poll predicts that Mexicos economy shrank from October to December 2024, its first quarterly fall in over three years. According to analysts

A Reuters poll predicts that Mexicos economy shrank from October to December 2024, its first quarterly fall in over three years. According to analysts, the GDP is expected to decline by 0.2% between the third and fourth quarters. If true, this would be the first quarteroverquarter decline since a 0.9% decline in Q3 2021. Mexicos GDP is expected to expand by 1.2% annually, which is a decrease from the 1.6% increase in the previous quarter. The National Statistics Institute INEGI will release the official fourthquarter GDP figures on Thursday. Read More..

B2B Tech News | 1 years ago          

Jack Dorsey’s Block Launches Codename Goose, an OpenSource AI Agent for Developers

Codename Goose, an opensource AI agent made for software development jobs, has been unveiled by Jack Dorseys Block. For developers, Goose provides ver

Codename Goose, an opensource AI agent made for software development jobs, has been unveiled by Jack Dorseys Block. For developers, Goose provides versatility by being compatible with multiple large language models LLMs, including DeepSeekR1, Gemini, Claude, and GPT. Its many extensions allow it to be integrated with programs like JetBrains IDEs, Google Drive, and GitHub. Ensuring data privacy is based on the Model Context Protocol MCP and can be used locally as a desktop application or through the commandline interface. Goose, now codingfocused, helps with feature flag management, performance benchmarks, and code migration. It is openly accessible on Blocks GitHub under an Apache 2.0 license, permitting commercial and scholarly use. The business is also investigating nonengineering uses for the AI agent. Read More..

B2B Tech News | 1 years ago          

OpenAI Unveils ChatGPT Gov, a Secure AI Platform for U.S. Government Agencies

To comply with federal security and privacy regulations, OpenAI has introduced ChatGPT Gov, a selfhosted AI platform for US government organisations.

To comply with federal security and privacy regulations, OpenAI has introduced ChatGPT Gov, a selfhosted AI platform for US government organisations. Outside parties cannot access sensitive information because this version operates on internal cloud servers. Similar to ChatGPT Enterprise, it uses GPT4o and runs on Microsoft Azures commercial and government cloud services. Agencies can use it for bespoke GPT development, picture interpretation, coding, and text analysis. The platform features administrative controls for user group organisation, single signon SSO, and IT administration. To expedite authorisation for processing sensitive data, OpenAI presented the proposal as promoting national interests. This announcement comes after the businesss recent Stargate Project, which aims to increase AI infrastructure in the United States. Read More..

B2B Tech News | 1 years ago          

OAuth Vulnerability in Travel Platform Allows Account Takeovers

According to API security company Salt Labs, a significant hotel and vehicle rental company, a security vulnerability allowed hackers to gain control

According to API security company Salt Labs, a significant hotel and vehicle rental company, a security vulnerability allowed hackers to gain control of user accounts. Because the service was connected to several airline platforms, exploiting the issue allowed attackers to spend airline reward points, book hotels, and rent automobiles. By deceiving visitors into visiting a custom link, the attack redirected them via an OAuthbased login process, giving attackers access to their session tokens. It was challenging to detect the attack because it used authentic customer domains. Millions were at risk, according to Salt Labs, which did not identify the provider. Following disclosure, the business verified the vulnerability and promptly implemented a patch to safeguard users. Read More..

B2B Tech News | 1 years ago          

DeepSeek Exposes Sensitive AI Data Online, Wiz Cybersecurity Firm Warns

The Chinese AI business DeepSeek unintentionally released over a million lines of private information, including chat logs and program keys, to the pu

The Chinese AI business DeepSeek unintentionally released over a million lines of private information, including chat logs and program keys, to the public internet, according to the New Yorkbased cybersecurity company Wiz. DeepSeek safeguarded the data within an hour after Wiz notified them, but there are still worries that others might have viewed it. DeepSeeks quick ascent after releasing its AI assistant has caused excitement in China and trepidation in the US as its lowcost business strategy takes on industry titans like Microsoft, Nvidia, and OpenAI. As a result of DeepSeeks assistant surpassing ChatGPT in App Store downloads by Monday, tech stocks began to decline globally. Given DeepSeeks increasing clout in the AI sector, the hack puts the company under much more scrutiny. Read More..

B2B Tech News | 1 years ago          

Microsoft Adds DeepSeek’s R1 to Azure and GitHub Amid Rising AI Competition

Microsoft has expanded its collection of more than 1,800 models by integrating the R1 AI model from Chinese company DeepSeek into GitHub and its Azure

Microsoft has expanded its collection of more than 1,800 models by integrating the R1 AI model from Chinese company DeepSeek into GitHub and its Azure cloud platform. Tech investors were alarmed when DeepSeeks freshly released free AI helper swiftly overtook ChatGPT in App Store downloads. Microsofts action is consistent with its plan to integrate other AI models into Microsoft 365 Copilot to lessen dependency on OpenAI. To address privacy issues, users can soon run R1 locally on Copilot+ PCs. However, DeepSeeks popularity in the US can be impacted by its data storage in China. Microsoft and OpenAI are currently looking into possible illegal data use by DeepSeek. In response, Alibaba released an improved Qwen 2.5 AI model, and OpenAI hastened releases. Read More..

B2B Tech News | 1 years ago          



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