Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

HEADLINES

OpenAI Partners with Broadcom, TSMC for First InHouse AI Chip, Diversifying Beyond Nvidia

While diversifying its chip supply with AMD and maintaining its dependence on Nvidia, OpenAI is furthering its AI infrastructure plan by working with

While diversifying its chip supply with AMD and maintaining its dependence on Nvidia, OpenAI is furthering its AI infrastructure plan by working with Broadcom and TSMC to produce its first inhouse AI processor. OpenAI once contemplated constructing its foundries but abandoned the plan because of the high expenses and lengthy turnaround times. Instead, the company decided to concentrate on designing bespoke chips with Broadcoms assistance and using TSMC for manufacturing. With the increasing demand for inference processors in AI applications, OpenAIs internal initiatives and collaborations demonstrate its approach to managing compute costs and ensuring supply. To expand alternatives beyond Nvidias 80% market dominance, AMDs new MI300X processors are also anticipated to be implemented via Microsofts Azure. Production of OpenAIs proprietary microprocessor is planned for 2026. Read More..

B2B Tech News | 1 years ago          

Senegals $1.8 Billion IMF Aid Program Frozen Amid Revised Budget Deficit Concerns

Senegals 2023 IMF bailout package of $1.8 billion is on hold, requiring a restructuring after an audit found a budget shortfall of over 10% of GDP, ov

Senegals 2023 IMF bailout package of $1.8 billion is on hold, requiring a restructuring after an audit found a budget shortfall of over 10% of GDP, over double the previously stated 5.5%. According to Finance Minister Cheikh Diba, the administration hopes to reach a new deal with the IMF by 2025s first quarter. Due to the revision of the debttoGDP ratio to more than 80%, Moodys further lowered the countrys credit rating into the speculative category. Senegal is preparing for significant oil and gas output, including the $4.8 billion GTA liquefied natural gas project, which is expected to propel economic growth beyond 10% in 2025. Amid these advances, the government is evaluating natural resource contracts. Read More..

B2B Tech News | 1 years ago          

Alphabet Reports Strong Q3 Results Cloud Revenue Surges 35%, YouTube Ad Sales Boosted by Elections

Alphabet Inc., the parent company of Google, announced an excellent third quarter, with a 35% gain in its cloud business and higher YouTube ad revenue

Alphabet Inc., the parent company of Google, announced an excellent third quarter, with a 35% gain in its cloud business and higher YouTube ad revenue, especially due to electionrelated expenditure. Alphabet exceeded sales and profit projections, while the Search division grew by 12%, causing shares to rise by about 6% in aftermarket trade. As a result of further investments in AI, new CFO Anat Ashkenazi predicted that capital expenditures will surpass 2024 levels. Alphabets cloud sales climbed $11.35 billion, the most significant rise in eight quarters, indicating diversification amid a weakening ad industry, despite competition from Amazon and TikTok in the ad market. Analysts predict that Googles portion of search advertising income in the US will fall below 50% in the upcoming year. Read More..

B2B Tech News | 1 years ago          

Spanish President Pedro Sánchez Advocates for EUIndia Free Trade Agreement at CII Summit

At the CII Spain India Business Summit in Mumbai, Spanish President Pedro Sánchez stated his desire to intensify talks on the EUIndia free trade agre

At the CII Spain India Business Summit in Mumbai, Spanish President Pedro Sánchez stated his desire to intensify talks on the EUIndia free trade agreement FTA. Noting Spains $4.2 billion investment in India, he emphasised the enormous potential for a closer connection. Sánchez underlined that Spains proficiency with renewable energy, especially wind and solar power, may help India meet its 2030 target of 500 gigawatts of renewable energy. He also discussed how Spains cuttingedge infrastructure solutions may help Indias development initiatives. In keeping with Prime Minister Modis goal for a sustainable future, Indian Minister Nitin Gadkari reaffirmed these principles, highlighting the value of green energy and joint ventures to boost competitiveness in the global market. Read More..

B2B Tech News | 1 years ago          

Mukesh Ambanis Jio Payment Solutions to Facilitate Online Payments Following Regulatory Approval

Since October 28, the central bank has authorised Indias Jio Payment Solutions, a Mukesh Ambanis Reliance Group division via Jio Financial Services, t

Since October 28, the central bank has authorised Indias Jio Payment Solutions, a Mukesh Ambanis Reliance Group division via Jio Financial Services, to function as an online payment aggregator. With support for several payment methods, including bank transfers, ewallets, UPI transfers, debit and credit cards, and more, Jio Payment Solutions can help companies and consumers make payments online, thanks to this classification. With this new capacity, Jio Financial, founded last year as part of the reorganisation of the Ambaniled company, hopes to improve digital payment options in India. Read More..

B2B Tech News | 1 years ago          

AMDs FourthQuarter Revenue Outlook Falls Short, Prompting 7% Drop in Stock Prices

Despite increasing its prediction for artificial intelligence chip sales to $5 billion for 2025, Advanced Micro Devices AMD first reported fourthquart

Despite increasing its prediction for artificial intelligence chip sales to $5 billion for 2025, Advanced Micro Devices AMD first reported fourthquarter revenue below expectations. As a result of this statement, AMDs stock fell by around 7% during extended trading, undoing a significant portion of its previous gains. Although the companys data centre sales increased by 122% to $3.5 billion, AMD is still trailing Nvidia, which accounts for around 80% of the market for AI semiconductors. As CEO Lisa Su noted, continued supply issues for AI processors make it more difficult for AMD to satisfy growing demand from big tech firms like Microsoft and Meta. Despite exceeding forecasts with thirdquarter sales of $6.82 billion, the mixed outlook has sparked worries about the future of the semiconductor business. Read More..

B2B Tech News | 1 years ago          

In Mann Ki Baat, Modi Highlights Rise of Scams Using Fake Law Enforcement Impersonation

During his Mann Ki Baat address, Prime Minister Narendra Modi recently warned of the "digital arrest" scam, in which scammers pose as law enforcement

During his Mann Ki Baat address, Prime Minister Narendra Modi recently warned of the "digital arrest" scam, in which scammers pose as law enforcement to threaten victims and demand money. To emphasise that respectable authorities do not make enquiries or demand money over the phone, PM Modi released a recorded scam call and advised caution. He recommended a threestep safety procedure "Stop" to refrain from disclosing private information, "Think" about its legality, and "Take Action" by reporting it to cybercrime.gov.in or the National Cybercrime Helpline. According to government data, these frauds are becoming more common in early 2023, Indians lost ₹120.3 crore. Southeast Asian scammers frequently use fictitious authorities to "arrest" victims virtually until the money is paid. Read More..

B2B Tech News | 1 years ago          

Apples New AI Summaries Aim to Simplify App Store Reviews with Concise User Feedback

Apple may soon release App Store evaluations with AIgenerated summaries that give customers succinct app review summaries. AIpowered email, message, a

Apple may soon release App Store evaluations with AIgenerated summaries that give customers succinct app review summaries. AIpowered email, message, and notification summaries were made possible with the release of Apple Intelligence in iOS 18.1. An app review summary feature of this kind may now be developed, showing up next to app descriptions and being updated whenever a new review is published. Available in a few areas, these summaries—which were purportedly discovered on an unlisted App Store page—will emphasise prevalent user opinions. Developers can submit errors in summaries that use Apples inhouse AI models. The iOS 18.2 beta also includes more AIdriven capabilities like Image Playground and Visual Intelligence, intended to make app selection easier for consumers. Read More..

B2B Tech News | 1 years ago          



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   15243   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12666   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13028   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   12768   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15861   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.