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Adobe Unveils Firefly Video Model AIPowered Video Creation Tool Set for Beta Release

Later this year, Adobe will release Firefly Video Model, a new AIpowered video production and editing tool, in beta. One of the tools in its growing F

Later this year, Adobe will release Firefly Video Model, a new AIpowered video production and editing tool, in beta. One of the tools in its growing Firefly suite is letting users create fivesecond video clips based on text or picture prompts and giving them control over zoom, motion, and camera angles. Adobe competes with OpenAI and Stability AIs AI video tools to improve video quality and prompt comprehension for creative pros. Only licensed or public domain content from Adobe Stock is used to train the tool. Furthermore, Adobe is launching Generative Extend for Premiere Pro, which lets users smoothly fill in gaps in video clips by creating new material. Adobe is utilising these tools as part of its endeavours to enhance artificial intelligence within creative processes. Read More..

B2B Tech News | 1 years ago          

IMF Reaches Preliminary $1.1 Billion Financial Assistance Agreement with Ukraine

An approximate $1.1 billion financial aid agreement was announced by the International Monetary Fund IMF with Ukraine. After difficult talks, the IMFs

An approximate $1.1 billion financial aid agreement was announced by the International Monetary Fund IMF with Ukraine. After difficult talks, the IMFs executive board expects this deal to be approved in the coming weeks. A larger international economic aid package for Ukraine, which is suffering greatly from Russias protracted aggression, must include the help of the IMF. Despite robust external funding and prudent policymaking supporting macroeconomic stability, Ukraines economy and infrastructure are severely damaged by the conflict, putting it at high risk. The IMF has recommended that Ukraine respect its financial limits, increase its internal revenue, and control its debt sustainability. Since the start of the battle, the nation has gotten almost $98 billion in financial help from the West. Read More..

B2B Tech News | 1 years ago          

JPMorgan Chase Hires Humberto GarciaSalas and Andrew Redmond as Managing Directors for MidCap Investment Banking

Andrew Redmond and Humberto GarciaSalas have been appointed managing directors of JPMorgan Chase & Co.s MidCap Investment Banking business. Former JPM

Andrew Redmond and Humberto GarciaSalas have been appointed managing directors of JPMorgan Chase & Co.s MidCap Investment Banking business. Former JPMorgan executive GarciaSalas comes from Greenhill & Co., while Redmond comes from Guggenheim Partners. Both will answer the question of the head of MidCap investment banking, John Richert. This action is a component of JPMorgans larger plan to fortify its investment banking division in the face of a thriving equities market and an entire pipeline of upcoming public listings. Additionally, JPMorgan appointed Andrew Martin and Andrew Castaldo to colead its midcap mergers and acquisitions division. In 2023, the bank assisted on over 200 midcap M&A deals and serves over 30,000 middlemarket customers. Read More..

B2B Tech News | 1 years ago          

ADNOC Prepares €14.4 Billion Bid to Acquire Covestro, Report Reveals

According to a Financial Times story, Abu Dhabi National Oil Company ADNOC is preparing to make an official bid of about 14.4 billion euros $15.90 bil

According to a Financial Times story, Abu Dhabi National Oil Company ADNOC is preparing to make an official bid of about 14.4 billion euros $15.90 billion to purchase Covestro. ADNOC has shown interest in the German chemicals manufacturer Covestro for more than a year. In June, ADNOCs 11.7 billion euro proposal, or 62 euros per share, prompted Covestro to allow indepth talks on its accounts. Covestro, a company that makes chemicals and polymers for a range of sectors, is taking a close look at the offer, but as of the time of inquiry, it has not responded to the most recent news. Read More..

B2B Tech News | 1 years ago          

Visa to Expand Digital Payment Acceptance in Pakistan Tenfold in Next Three Years

As per Leila Serhan, general manager of Visa for Pakistan, North Africa, and Levant, the company intends to enhance the count of firms that take digit

As per Leila Serhan, general manager of Visa for Pakistan, North Africa, and Levant, the company intends to enhance the count of firms that take digital payments in Pakistan tenfold during the following three years. With 1Link, Pakistans biggest payment service provider, this bold expansion is part of a strategic cooperation meant to boost digital transactions and remittances. Visa is concentrating on developing reasonably priced digital payment infrastructure and reaching out to smaller retailers outside big cities due to Pakistans high percentage of unbanked individuals only 60% of citizens have bank accounts. Further improving the nations ability to make digital payments, the agreement will also link 1Links PayPak cards with Visas Cybersource Platform. Read More..

B2B Tech News | 1 years ago          

AWS to Invest £8 Billion in UK Data Centers, Boosting GDP and Creating Over 14,000 Jobs

Amazon Web Services AWS has announced a substantial investment of £8 billion $10.45 billion over the next five years in the UK to grow its data centr

Amazon Web Services AWS has announced a substantial investment of £8 billion $10.45 billion over the next five years in the UK to grow its data centre operations. By 2028, this investment will generate over 14,000 jobs and add £14 billion to the UKs GDP. With this action, Amazons investment speed in the United Kingdom has accelerated significantly. Since 2022, the company has invested £3 billion in Manchester and London. AIdriven demand was cited by AWS managing director Tanuja Randery as a significant driver of the growth. British Finance Minister Rachel Reeves has welcomed the investment, and talks regarding more investments in other UK areas are still underway. Read More..

B2B Tech News | 1 years ago          

MindsDB Patches Critical DNS Rebinding Vulnerability, Urges Users to Update for Enhanced Security

A severe security vulnerability that allowed attackers to get around crucial security safeguards and pose serious threats has been fixed in MindsDB, a

A severe security vulnerability that allowed attackers to get around crucial security safeguards and pose serious threats has been fixed in MindsDB, a wellknown opensource platform for developing AI applications. Through DNS rebinding, attackers might reroute queries from public to private IP addresses by manipulating domain name resolution. This bypass could allow denialofservice attacks, arbitrary code execution, or unauthorised access to confidential data. The vulnerability was problematic because it enabled attackers to get beyond ServerSide Request Forgery SSRF defence, a crucial security component. Since then, MindsDB has improved DNS validation in a patch that resolves the problem customers are advised to upgrade their systems to guarantee safety. Read More..

B2B Tech News | 1 years ago          

AMD Developing Z2 Extreme Chipset for 2025, Poised to Power NextGen Handheld Gaming Devices

After launching its firstgeneration Z1 Extreme CPU in May 2023, AMD is purportedly working on the Z2 Extreme chipset, which is expected to be introduc

After launching its firstgeneration Z1 Extreme CPU in May 2023, AMD is purportedly working on the Z2 Extreme chipset, which is expected to be introduced in early 2025. Asus ROG Ally X and Lenovo Legion Go are two examples of portable PCs that the Z1 Extreme currently powers. Z2 Extreme is anticipated to improve gadgets that ship in 2025, including a possible replacement for Valves Steam Deck. Although AMD has not released precise performance information, rumours say the chipset may be based on the Strix Point or Ryzen AI 300 series. The Z2 Extreme is anticipated to be included by OEM partners, such as Asus, in their following portable gaming devices, promising enhanced performance and resolving battery efficiency issues. 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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