Header-template

 Global News

Subscribe our Newsletter

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

HEADLINES

The US embargo on Nvidia and AMD chips is seen as a boost to Chinese rivals

The top artificial intelligence chips from Nvidia and AMD are no longer allowed to be exported to China. Analysts see a chance for Chinese entrepreneu

The top artificial intelligence chips from Nvidia and AMD are no longer allowed to be exported to China. Analysts see a chance for Chinese entrepreneurs vying for market share in data centre chips. The emergence of AI chip startups may jeopardise American efforts to stop China from developing the necessary computing equipment for military use. The largest companies in China have raised $2.5 billion in the last several years, including funds backed by the Shanghai government and Hillhouse Capital. Chinese companies, including Cambricon, PingTouGe from Alibaba Group, and Denglin Technology, are all working on AI alternatives. Read More..

B2B Tech News | 3 years ago          

Adembo Growth provides £26m in debt funding to tech startup

British Business Investments BBI has made a first €30 million £26.1 million commitment to venture capital firm Atempo Growth for its first venture

British Business Investments BBI has made a first €30 million £26.1 million commitment to venture capital firm Atempo Growth for its first venture debt fund. The Atempo Growth venture debt fund will make investments in highgrowth technology firms in the UK and Europe. The venture debt fund of Atempo Growth also includes contributions from Santander and the European Investment Bank. Based in London, Atempo Growth provides lending for companies from Series A to IPO. The governmentbacked British Business Bank has a subsidiary called BBI. Read More..

B2B Tech News | 3 years ago          

Increased adoption of 5G technology across industries presents opportunities, according to the North American 5G Network and Tower Deployment Market Report 2022.

The North America 5G network and tower deployment market are expected to reach US$ 7,100.97 million by 2028 it is estimated to register a CAGR of 11.9

The North America 5G network and tower deployment market are expected to reach US$ 7,100.97 million by 2028 it is estimated to register a CAGR of 11.9% from 2022 to 2028. The rising number of government initiatives to deploy and promote the adoption of 5G networks is propelling the growth of the market. North America is one of the strongest geographical regions in terms of economic strength and stability majorly due to the presence of developed countries such as the U.S. and Canada in this region. This is a positive growth factor for the 5G network and tower deployment market, as companies are financially strong, and invest heavily in research and development to offer advanced network services. The major endusers include residential, commercial, and industrial users. Read More..

B2B Tech News | 3 years ago          

Mexican fintech Clip obtains $50 million to increase its payment capabilities.

Mexican fintech Clip closed $50 million threeyear, unsecured revolving credit facilities with Morgan Stanley, JP Morgan, and HSBC. The company sells t

Mexican fintech Clip closed $50 million threeyear, unsecured revolving credit facilities with Morgan Stanley, JP Morgan, and HSBC. The company sells tablets starting at $10 for their signature white and orange phones, and they will soon be priced at $150.The clip received approval for an IFPE Institution of Electronic Payment Funds license from Mexicos National Banking and Securities Commission CNBV. The companys cofounder Eduardo Babatz believes there is still a lot of markets to capture in a country where many transactions are still cashbased. In June last year, Clip received a $250 million investment from SoftBanks Latin America Fund and Viking Global Investors LP. Read More..

B2B Tech News | 3 years ago          

Australias longest electric road with KEMPOWER charging technology.

JET Charge has been chosen as the charging hardware provider for Australias longest electric vehicle highway. The project is set to extend for more th

JET Charge has been chosen as the charging hardware provider for Australias longest electric vehicle highway. The project is set to extend for more than 5,300 kilometers across Western Australia. The WA government is delivering the highway through its energy utilities, Synergy and Horizon Power. JET Charge selected the Kempower CStation for the project due to its robust design and high voltage. The Kempower CStation is being used for the new Western Australian EV highway, which is one of the worlds longest single EV infrastructure projects of its kind. The modular design architecture of the Kempower station also easily allows for future expansion. JET Charge CEO Tim Washington says We are so proud to be involved with a landmark EV charging network that features a lot of Australianmade innovation and will smash those barriers. Read More..

B2B Tech News | 3 years ago          

SODIC Relaunches New Zayed Project

Cairo, Egypt Sodic announced the resumption of construction on its New Zayed project, which has been remaster planned and now covers 464 acres. The pr

Cairo, Egypt Sodic announced the resumption of construction on its New Zayed project, which has been remaster planned and now covers 464 acres. The project had been suspended because the overall New Zayed City plans had been rezoned. The leading developer of Karmel, one of three neighborhoods on the 464acre project, is being launched by the leading developer as a result of the remaster planning. Karmell brings the Californian Carmelbythesea experience to Egypt with a carefree lifestyle surrounded by nature. New Zayed is the newest neighborhood in West Cairo and is a logical extension of the affluent Sheikh Zayed neighborhood. Read More..

B2B Tech News | 3 years ago          

Asia is adopting the trend as the race for a new computing technology heats up.

Quantum computing refers to the use of quantum mechanics to perform computations. Several countries are competing to make quantum computers fully oper

Quantum computing refers to the use of quantum mechanics to perform computations. Several countries are competing to make quantum computers fully operational. Quantum computing can perform multiple processes simultaneously using quantum bits, unlike binary bits which allow for traditional processing. The new technology could affect everything from drug discovery to how data is protected. Investments in quantum computing have increased 80% since 2018 and there is a new motivation in space. Around $4.2 billion has been pledged worldwide to support quantum research. Researchers have touted breakthroughs and debates are simmering over whether China has outperformed the United States on some fronts. The benefits of quantum computing will not be immediately obvious to everyday consumers. Read More..

B2B Tech News | 3 years ago          

Goldman lends Latin American fintech company Xepelin $140 million.

Goldman Sachs is providing $140 million to Chilean fintech Xepelin Holdings Inc. The assetbacked loan will be released in two tranches, the first for

Goldman Sachs is providing $140 million to Chilean fintech Xepelin Holdings Inc. The assetbacked loan will be released in two tranches, the first for $40 million and the second for $100 million. Goldman has provided loans to several startups in the region. It participated in Nubanks $650 million line of credit earlier this year and has committed $160 million in 2021. Xepelin estimates the businesstobusiness payments market in Latin America is worth up to $8 trillion. PayPal Ventures and Carlos Garcia, the founder of used car startup Kavak, are among the supporters of Xepelin. The company has generated over $ 1.2 billion in financing. Read More..

B2B Tech News | 3 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.
   15245   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   12718   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   13079   

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.
   12819   

5.  Approximately 8 billion gadgets connect on the internet every day.
   15913   



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.