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Nvidia Acquires Israeli AI Firm Runai for $700 Million Amid Antitrust Scrutiny

Following regulatory agencies antitrust investigations, Nvidia successfully paid $700 million to purchase the Israeli AI company Runai. Concerned abou

Following regulatory agencies antitrust investigations, Nvidia successfully paid $700 million to purchase the Israeli AI company Runai. Concerned about Nvidias hegemony in the graphics processing unit GPU industry, which has an 80% market share, the European Commission first said the merger would need antitrust clearance before granting unconditional permission earlier in December. The Commission determined that the transaction would not present any serious risks despite early concerns that it would hurt competition. The U.S. Department of Justice is also looking into the transaction now. Runai aims to make its software opensource, increasing its availability beyond just Nvidia GPUs to the broader AI ecosystem. Read More..

B2B Tech News | 1 years ago          

Nvidia Shifts Focus from AI Chipsets to Robotics and Embodied AI

As competition in the AI hardware market heats up, Nvidia reportedly turns its attention from AI chipsets to robotics and embodied AI to give robots p

As competition in the AI hardware market heats up, Nvidia reportedly turns its attention from AI chipsets to robotics and embodied AI to give robots processing power and training. Deepu Talla, the companys vicepresident of robotics, highlighted their intentions to train AI agents in simulation for practical uses, stating that a "ChatGPT moment" for physical AI and robotics is approaching. By fusing software training and hardware acceleration, Nvidias new platform, Generalist Robot 00 Technology GR00T, seeks to establish the firm as a "full stack" robotics solution. To improve the effectiveness of robot training, Nvidia also intends to introduce Jetson Thor, a simulationbased training chipset that uses generative AI. Read More..

B2B Tech News | 1 years ago          

Qualcomm Unveils Snapdragon 8 Elite at Snapdragon Summit 2024

Rumour has it that Qualcomm is already working on the Snapdragon 8 Elite 2, its successor, which was only unveiled at the Snapdragon Summit 2024. Acco

Rumour has it that Qualcomm is already working on the Snapdragon 8 Elite 2, its successor, which was only unveiled at the Snapdragon Summit 2024. According to Tipster Digital Chat Station, the new chipset, which offers a considerable improvement in GPU performance over its predecessors N3E by using TSMCs N3P fabrication process, might be available as early as October 2025. Performance gains of at least 20% are anticipated from the Snapdragon 8 Elite 2 over the Snapdragon 8 Elite, which has outperformed the Snapdragon 8 Gen 3 by 30%. Thanks to this expedited timeframe, manufacturers might have more time to incorporate the new chipset into gadgets. Read More..

B2B Tech News | 1 years ago          

Aitomatic Launches SemiKong An AI Model for Semiconductor Development

SemiKong is a semiconductorfocused artificial intelligence AI model that Aitomatic introduced in partnership with the AI Alliances Foundation Models w

SemiKong is a semiconductorfocused artificial intelligence AI model that Aitomatic introduced in partnership with the AI Alliances Foundation Models workgroup. Using topnotch industryspecific data, such as design and manufacturing documents, SemiKong, trained on Metas Llama 3.1 70B foundation model and based on the domainexpert agents DXA architecture, helps experts with semiconductor development. Four variations of this opensource model—SemiKong8B, SemiKong70B, SemiKong8B Instruct, and SemiKong70B Instruct—are accessible on GitHub and Hugging Face. Aitomatic claims SemiKong can close industry knowledge gaps by cutting chipset design time by 20–30%, increasing firsttime manufacturing success rates by 25%, and speeding up onboarding for new professionals by 40–50%. Read More..

B2B Tech News | 1 years ago          

WhatsApp to Introduce “Search on Web” for Reverse Image Searches on WhatsApp Web

Currently in development, the "Search on Web" option will appear in the menu when an image is opened in WhatsApp Web. Users will be asked for permissi

Currently in development, the "Search on Web" option will appear in the menu when an image is opened in WhatsApp Web. Users will be asked for permission to upload the image to Google for the search, with WhatsApp guaranteeing it wont access the data. This feature could improve users ability to verify images and claims encountered in chats. WhatsApp is working on a new feature for WhatsApp Web called "Search on Web," which would allow users to perform reverse image searches directly within the platform, helping to combat misinformation and protect users from online scams. Read More..

B2B Tech News | 1 years ago          

Driverless Public Buses and Taxis on Horizon as Beijing Sets April 1 Deadline for Road Trials

Beijings new legislation encourages autonomous driving technologies to eventually permit driverless taxis and public buses. With effect from April 1,

Beijings new legislation encourages autonomous driving technologies to eventually permit driverless taxis and public buses. With effect from April 1, the rules allow autonomous cars to apply for road testing if they pass safety evaluations and road tests. In addition to promoting the creation of intelligent road infrastructure, the city helps integrate autonomous vehicles into private automobiles, urban buses, trams, and taxis. Wuhan has, in the meanwhile, authorised rules to promote connected, intelligent cars. With at least 19 cities testing robotaxis and robobuses, China is speeding up its selfdriving technology experiments. Significant progress in the autonomous vehicle industry is indicated by the expansion of robotaxi fleets by companies such as Pony.ai and Baidus Apollo Go. Read More..

B2B Tech News | 1 years ago          

Indian Exporters Demand ₹750Crore Marketing Fund to Tap $25Billion U.S. Export Potential

After goods exports experienced a sharp decline, hitting a twoyear low of 4.9% yearoveryear in November, Indian exporters have demanded a ₹750crore

After goods exports experienced a sharp decline, hitting a twoyear low of 4.9% yearoveryear in November, Indian exporters have demanded a ₹750crore marketing budget spread over three years to leverage a $25billion export potential in the U.S. During a prebudget consultation with Finance Minister Nirmala Sitharaman, during which stakeholders from a range of industries, including medical devices, electronics, and textiles, reviewed exportboosting initiatives, these demands were brought up. They suggested a marketing plan with a ₹250 crore yearly budget to take advantage of the potential presented by US tariffs on Chinese imports. Furthermore, exporters pushed for an increase in the current ₹10 crore threshold on interest subvention benefits under the export promotion scheme. Read More..

B2B Tech News | 1 years ago          

U.S. Treasury Secretary Janet Yellen Warns of Possible Debt Default by January 14

The Treasury may have to take "extraordinary measures" to prevent a debt default as early as January 14, U.S. Treasury Secretary Janet Yellen warned l

The Treasury may have to take "extraordinary measures" to prevent a debt default as early as January 14, U.S. Treasury Secretary Janet Yellen warned legislators in a recent letter. Yellen called on Congress to take immediate action to protect the United States creditworthiness. She said a planned redemption for Medicare is expected to reduce the U.S. debt by about $54 billion. Between January 14 and January 23, the Treasury is anticipated to hit the debt ceiling, requiring these unprecedented steps. The budget agreement for 2023 allowed for the continuation of operations by suspending the debt cap until January 1, 2025. Nevertheless, Congress must take action to handle the growing debt, a persistent problem since the first debt ceiling was set in 1939. Read More..

B2B Tech News | 1 years ago          



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