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Bosch Partners with Tenstorrent to Standardize Automotive Chiplets, Streamline EV Development

To create a platform that standardises automotive chip building blocks with an emphasis on chiplets, Bosch and American chip company Tenstorrent are c

To create a platform that standardises automotive chip building blocks with an emphasis on chiplets, Bosch and American chip company Tenstorrent are collaborating. Since electric and driverless automobiles are becoming increasingly widespread, this partnership intends to lower prices and speed up the development of new silicon vehicle products. Automakers can customise their vehicles more when the chipset design is standardised, which might save costs over purchasing already manufactured parts. Chip design experience includes work with Tesla, AMD, and Apple. Jim Keller is the leader of Tenstorrent. Read More..

B2B Tech News | 1 years ago          

IndiaUAE BIT Amended Local Remedies Exhaustion Period Cut from Five to Three Years

The Bilateral Investment Treaty BIT between India and the United Arab Emirates has been modified, encompassing portfolio investments and shortening th

The Bilateral Investment Treaty BIT between India and the United Arab Emirates has been modified, encompassing portfolio investments and shortening the local remedies exhaustion term from five years to three years for disputes. In an attempt to draw in more investment from the UAE, this move may lead to a rise in arbitration proceedings against India, which might lead to challenges to regulatory rulings. With effect from August 31, 2024, the treaty expands financial assets safeguards, which is a change from Indias prior Model BIT, which was limited to direct investments. Read More..

B2B Tech News | 1 years ago          

UNODC Report Reveals Southeast Asia Lost $37 Billion to Crypto Fraud in 2023

According to a recent UNODC analysis, financial losses from cryptocurrencyrelated fraud in Southeast Asia in 2023 were over $37 billion. Since money l

According to a recent UNODC analysis, financial losses from cryptocurrencyrelated fraud in Southeast Asia in 2023 were over $37 billion. Since money launderers use illegal cryptocurrency businesses, the UNODC advises penalising them to address this problem. The research underscores the noteworthy surge in cybercrimes driven by artificial intelligence, stressing organised criminal organisations use of sophisticated technology and cryptocurrencies for fraudulent purposes. The region is increasingly serving as a trial ground for transnational criminal networks. Thus, UNODC officials are urging states to step up their regulatory efforts and vigilance to counter these risks. Read More..

B2B Tech News | 1 years ago          

HSBC CEO Considers CostCutting Moves to Save Up to $300 Million Amid Strategic Overhaul

Georges Elhedery, the CEO of HSBC, is concentrating on reducing expenses among the banks senior bankers to save up to $300 million. This move is part

Georges Elhedery, the CEO of HSBC, is concentrating on reducing expenses among the banks senior bankers to save up to $300 million. This move is part of a larger plan to combine its investment banking and commercial banking segments, simplifying operations by eliminating unnecessary positions. HSBC has reduced its presence in Western countries, including the United States, France, and Canada, in favour of Asia in recent years. These actions are meant to improve profitability and efficiency in a highly competitive market. Read More..

B2B Tech News | 1 years ago          

Rio Tinto Acquires Arcadium Lithium for $6.7 Billion, Becomes ThirdLargest Lithium Producer

Rio Tinto, the thirdlargest lithium producer in the world, has announced that it would pay $6.7 billion to acquire Arcadium Lithium, a U.S.based compa

Rio Tinto, the thirdlargest lithium producer in the world, has announced that it would pay $6.7 billion to acquire Arcadium Lithium, a U.S.based company. Despite the current lithium glut, this decision aligns with Rios plan to concentrate on premium, lowcarbon commodities crucial for the energy transition. Rio now has access to lithium mining and processing facilities in many countries as part of the acquisition, valued at about 90% more than Arcadiums latest stock price. The deal aims to fulfil the increasing demand for batteries for electric vehicles. The purchase is anticipated to close in the middle of 2025. Read More..

B2B Tech News | 1 years ago          

Norway’s Sovereign Wealth Fund Lifts Supermax Bhd Observation After Human Rights Measures Implemented

After two years, the sovereign wealth fund of Norway has formally concluded its observation of Supermax Bhd in light of the companys efforts to resolv

After two years, the sovereign wealth fund of Norway has formally concluded its observation of Supermax Bhd in light of the companys efforts to resolve human rights issues. The ruling is consistent with the recent repeal of Supermaxs prohibition in the United States due to forced labour claims. Furthermore, the fund has ended its coal consumption monitoring of Southern Co. and BHP Group, acknowledging their notable decreases in coal output. The measures demonstrate the funds dedication to moral investing and accountable corporate governance, underscoring its proactive approach to environmental and social concerns. Read More..

B2B Tech News | 1 years ago          

Infosys Expands Partnership with Microsoft to Accelerate Global Generative AI Adoption

Infosys is strengthening its relationship with Microsoft in order to increase Azure usage and the uptake of generative AI worldwide. Infosys will help

Infosys is strengthening its relationship with Microsoft in order to increase Azure usage and the uptake of generative AI worldwide. Infosys will help a number of industries as a strategic supplier, including financial services, healthcare, supply chain, and telecommunications, by using its AI and cloud solutions. Together with advocating for Responsible AI practices and worker skill development, the partnership aims to increase operational efficiency, creativity, and sustainability. The objective of this program is to revolutionise industry standards and provide clients with substantial value and agility. Read More..

B2B Tech News | 1 years ago          

Samsung Unveils One UI 7 Beta with Redesigned Home Screen and Streamlined Experience

Samsungs forthcoming OS upgrade, One UI 7 beta, based on Android 15, is now available to the general public. The upgrade, formally unveiled at the Sam

Samsungs forthcoming OS upgrade, One UI 7 beta, based on Android 15, is now available to the general public. The upgrade, formally unveiled at the Samsung Developer Conference SDC 2024, will include a revamped home screen grid for a more userfriendly interface. All users will have access to the One UI 7 beta, although the precise release date is unknown. Notifications will be sent via the Samsung Members app. The Galaxy S25 series, which will debut in early 2025, will be the first smartphone running the official version of the One UI 7 OS, which strives for consistency, simplicity, and an emotional connection with consumers. In India, Samsungs Galaxy A16 5G will debut shortly. Read More..

B2B Tech News | 1 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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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.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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