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Google Gemini Unveils AI File Upload and Analysis for Paid Users

Paid members may now upload documents for analysis and question replies using Googles Gemini apps AIpowered Upload and Analyse Files functionality. Th

Paid members may now upload documents for analysis and question replies using Googles Gemini apps AIpowered Upload and Analyse Files functionality. This function supports spreadsheets and a number of file types, including TXT, DOC, and PDF. Users with Gemini Advanced for personal accounts and Gemini Enterprise, Business, or Education for work and school accounts can use it. The AI can create customisable charts for spreadsheet data, answer questions, and summarise or evaluate information. Users can submit up to 10 files, each no more than 100MB. This update, which is available through the web and Android applications, improves Geminis usefulness for activities like data analysis and research paper summaries, making it an effective tool for managing complicated documents. Read More..

B2B Tech News | 1 years ago          

Hewlett Packard Enterprise Raises Profit Forecast Amid Surge in AI Server Demand

On Wednesday, Hewlett Packard Enterprise HPE boosted its projection for annual earnings, citing rising company expenditures in AI infrastructure and i

On Wednesday, Hewlett Packard Enterprise HPE boosted its projection for annual earnings, citing rising company expenditures in AI infrastructure and increasing demand for AI servers. Despite this, HPEs shares experienced a loss in revenue from its data analysis and conventional cloud businesses, which caused them to drop by about 3% in afterhours trading. As market expectations for AIrelated firms remain strong, the companys maintenance of its fullyear revenue projection contributed to the sharp decline. With thirdquarter server revenue up 35% to $4.3 billion, HPEs AI server business—particularly those utilising Nvidia processors—continues to thrive. The company revised its $1.85–$1.95 annual adjusted earnings per share outlook to $1.92–$1.97. HPE projects adjusted EPS of 52–57 cents per share for Q4, with revenue of $8.1–$8.4 billion, slightly above market forecasts. Read More..

B2B Tech News | 1 years ago          

Oaktree Capital Sells Banca Progetto to Centerbridge Partners for Over €500 Million

The sale of Italian speciality financing bank Banca Progetto to private equity firm Centerbridge Partners has been agreed upon by investment firm Oakt

The sale of Italian speciality financing bank Banca Progetto to private equity firm Centerbridge Partners has been agreed upon by investment firm Oaktree Capital Management. The banks loan book had increased from €50 million to €7.6 billion since Oaktree initially invested in Banca Progetto in 2015 when it was still known as Banca Popolare Lucchese. Stateguaranteed loans have helped Banca Progetto, which specialises in financing small and midsized Italian enterprises. The banks net profit for the previous year was €72 million, significantly above the norm for Italian banks, with a 28% return on equity. The sale, valued at over €500 million, was advised by Morgan Stanley for Oaktree, Kitra Advisory, and JPMorgan for Centerbridge. Centerbridge, managing $38 billion, previously invested in the Italian financial sector with a stake in BFF. Read More..

B2B Tech News | 1 years ago          

India and Singapore Forge New Alliances Semiconductors, Digital Tech, Skills, and Healthcare MOUs Signed

India and Singapore inked several Memorandums of Understanding MOUs to strengthen cooperation in critical areas during the visit of Indian Prime Minis

India and Singapore inked several Memorandums of Understanding MOUs to strengthen cooperation in critical areas during the visit of Indian Prime Minister Narendra Modi. The agreements emphasise collaboration in digital technology, healthcare, talent development, and semiconductors. These MOUs seek to deepen relations between the two countries by using their respective advantages and tackling shared issues. The digital technology agreement is anticipated to promote innovation and technological developments, while the semiconductor deal will likely entail cooperative research and development activities. Improving worker capacities and health systems is the goal of the accords on skill development and healthcare. These MOUs, representing a shared vision for growth and development, are a testament to both nations commitment to strengthening their collaboration and advancing these critical industries. Read More..

B2B Tech News | 1 years ago          

RBA Governor Michele Bullock No Rate Cuts in Sight as Inflation Remains Above Target

Governor of the Reserve Bank of Australia RBA, Michele Bullock, stressed that the main worry should be sustained inflation and that it is premature to

Governor of the Reserve Bank of Australia RBA, Michele Bullock, stressed that the main worry should be sustained inflation and that it is premature to think about shortterm rate reductions. Bullock said that bringing inflation down to the 23% goal range is still the RBAs top aim in a speech in Sydney. Bullock remained hawkish in July despite the sluggish economic growth and a minor decrease in headline inflation to 3.5%. She emphasised that pressures on domestic inflation, especially in the housing and market services sectors, are still a factor in abovetarget inflation. Since last November, the RBA has maintained interest rates at 4.35% and will react suitably to economic shifts. Markets anticipate a 42% chance of a rate cut by November, but Bullock stressed that high inflation must be addressed to avoid more severe financial impacts. Read More..

B2B Tech News | 1 years ago          

Xi Jinping Pledges $51 Billion to Africa for Infrastructure, Jobs, and Clean Energy Projects

President Xi Jinping promised to provide $51 billion in fresh funding for Africa at the Forum on ChinaAfrica Cooperation Summit in Beijing. The money

President Xi Jinping promised to provide $51 billion in fresh funding for Africa at the Forum on ChinaAfrica Cooperation Summit in Beijing. The money will assist in financing thirty infrastructure initiatives and create at least one million jobs on the continent. Xi plans to start 30 renewable energy projects to solve electricity shortages and support Africas nuclear energy ambitions. In addition, he pledged to assist the growth of the African Continental Free Trade Area and enhance market access for African trade. The $51 billion package includes investments and credit lines worth $50.72 billion from Chinese enterprises, along with increased funding for military and other activities. Read More..

B2B Tech News | 1 years ago          

MercedesBenz Expands Sustainability Garage with New Centres of Excellence in Hyderabad and New Delhi

With the opening of two new Centres of Excellence in Hyderabad and New Delhi, MercedesBenz Research & Development India MBRDI is extending its Sustain

With the opening of two new Centres of Excellence in Hyderabad and New Delhi, MercedesBenz Research & Development India MBRDI is extending its Sustainability Garage project. In collaboration with THub, the Hyderabadbased Climate Tech Incubator will provide 25 social entrepreneurs with access to deeptech knowledge, mentorship, and startup money. A climate tech boot camp will also involve more than 500 students. This year, the New Delhi Centre of Excellence for Charging Infrastructure, in partnership with TERI, will certify sixty young professionals and provide specialised training. Manu Saale emphasised Indias role in advancing climatepositive solutions, while Renata Jungo Brüngger emphasised the initiatives compatibility with MercedesBenzs worldwide sustainability policy. This growth came when the first Sustainability Garage Centre of Excellence opened in February 2024. Read More..

B2B Tech News | 1 years ago          

Snapdragon X Plus Debuts with 8 Cores, AI Capabilities, and 5G Support at IFA 2024

After the Berlin IFA 2024, Qualcomm unveiled the Snapdragon X Plus 8core CPU, a more reasonably priced choice in the X series portfolio. Constructed o

After the Berlin IFA 2024, Qualcomm unveiled the Snapdragon X Plus 8core CPU, a more reasonably priced choice in the X series portfolio. Constructed on a 4nm technology, the octacore chipset boasts 64GB of LPDDR5X RAM compatibility and Qualcomms Oryon CPU cores. With clock rates of up to 3.4GHz and Adreno GPUs capable of up to 2.1 TFLOPS, the X Plus CPUs can handle 4K screens. The processor supports the Snapdragon X65 5G ModemRF system, PCIe Gen 4 NVMe or UFS 4.0 storage, a 45 TOPS Hexagon NPU for AI, and a 36MP camera. Along with promising double the battery life of Intels Core Ultra 7 155U CPU, it has Bluetooth 5.4 and WiFi 7. Read More..

B2B Tech News | 1 years ago          



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