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ADB President Warns Tariff War Could Slow Global Demand and Investment

Masato Kanda, president of the Asian Development Bank ADB, cautioned that the protracted tariff war will reduce global demand and burden capital inves

Masato Kanda, president of the Asian Development Bank ADB, cautioned that the protracted tariff war will reduce global demand and burden capital investment, especially in developing Asian nations. Speaking in New Delhi, Kanda underlined the necessity of legislative changes and trade diversification in order to reduce risks. Over a fiveyear period, ADB has pledged $10 billion to improve Indias urban infrastructure, including rapid transit and metro extensions. Indias GDP is predicted by the bank to rise at a rate of 6.7% in FY26 and 6.8% in FY27, outpacing that of other developing Asian nations. In order to increase economic resilience in the face of uncertainty surrounding international trade, Kanda advised authorities to expedite trade deals, especially those with the EU and the UK. Read More..

B2B Tech News | 8 months ago          

TSMC CEO AI Chip Demand Surging Despite U.S. Tariffs

According to TSMC CEO C.C. Wei, the company is somewhat impacted by U.S. tariffs, but demand for AI chips is still high and continuously surpasses sup

According to TSMC CEO C.C. Wei, the company is somewhat impacted by U.S. tariffs, but demand for AI chips is still high and continuously surpasses supply. Wei explained during TSMCs annual shareholders meeting that importers, not exporters, are impacted by tariffs, which could reduce demand by raising prices marginally. TSMC has not noticed any changes in customer behaviour despite trade uncertainty, and the situation can clarify itself in the upcoming months. The business reiterated its optimistic outlook while highlighting its dedication to satisfying the demand for AIdriven chips. Wei also denied rumours that TSMC was constructing factories in the United Arab Emirates, claiming that the business had no such intentions. Read More..

B2B Tech News | 8 months ago          

Elon Musk’s xAI Seeks $113 Billion Valuation in $300 Million Share Sale

Employees can sell shares to investors through Elon Musks xAI, which is aiming for a $113 billion valuation in a $300 million share sale. It is antici

Employees can sell shares to investors through Elon Musks xAI, which is aiming for a $113 billion valuation in a $300 million share sale. It is anticipated that xAI would sell new equity to external investors in a larger investment round. When the AI startup bought X formerly Twitter in March, it was worth $80 billion, while X was worth $33 billion. Following his departure from advising positions in the Trump administration and return to Tesla and AI endeavours, Musk has turned his attention to xAI. The business is strengthening its position in the AI industry by negotiating to raise $20 billion in financing. Read More..

B2B Tech News | 8 months ago          

Meta Targets Full AI Ad Automation by 2026, Reshaping Digital Marketing

By 2026, Meta intends to use AI to completely automate ad production and targeting, enabling brands to create customised ad versions, image background

By 2026, Meta intends to use AI to completely automate ad production and targeting, enabling brands to create customised ad versions, image backgrounds, and video modifications without the need for human participation. Metas AI will design the complete advertisement, including text, images, and audience targeting on Facebook and Instagram, based on the budget and product image that advertisers supply. Along with realtime ad personalisation based on user behaviour and geography, the system will also advise ways to optimise the budget. Mark Zuckerberg, the CEO of Meta, highlighted the need for AIdriven advertising solutions that produce quantifiable outcomes at scale. Read More..

B2B Tech News | 8 months ago          

Cartier Confirms Data Breach, Warns Customers of Targeted Cyberattacks

A third party gained access to Cartiers servers, confirming a data breach and alerting customers to possible targeted cyberattacks. Customer names, em

A third party gained access to Cartiers servers, confirming a data breach and alerting customers to possible targeted cyberattacks. Customer names, email addresses, and national information were made public by the hack, but passwords and payment information were kept private. Cartier is collaborating with cybersecurity and law enforcement professionals to bolster its defences after quickly containing the situation. The business warns clients to avoid unwanted contacts and to be on the lookout for phishing efforts. With the recent hacks at Dior, Adidas, and Victorias Secret, Cartier joins an increasing number of highend firms that are being targeted by cybercriminals. Read More..

B2B Tech News | 8 months ago          

FDA Launches Elsa AI Tool to Accelerate Scientific Reviews and Drug Safety Assessments

Elsa, a generative AI tool developed by the U.S. FDA, is intended to expedite clinical protocol evaluations and drug safety assessments by streamlinin

Elsa, a generative AI tool developed by the U.S. FDA, is intended to expedite clinical protocol evaluations and drug safety assessments by streamlining scientific reviews. Elsa, which is built in a highly secure GovCloud environment, protects data privacy by prohibiting AI models from being trained on submissions from regulated industries. The program saves time for scientific evaluations and inspection targets by helping FDA staff with reading, writing, and summarising responsibilities. After a successful pilot run, FDA Commissioner Marty Makary stressed that Elsas launch was on time and within budget. To improve efficiency and regulatory supervision, the government intends to integrate AI more widely into its operations. Read More..

B2B Tech News | 8 months ago          

Meta Automates 90% of Risk Assessments, Raising AI Oversight Concerns

Meta is replacing its humanled privacy and integrity checks with AI for 90% of its risk assessments for new products and updates. The AI system will a

Meta is replacing its humanled privacy and integrity checks with AI for 90% of its risk assessments for new products and updates. The AI system will assess safety tools, contentsharing guidelines, and algorithm tweaks, granting immediate approvals or necessary adjustments. Critics warn of less monitoring, particularly in areas like misinformation management, youth protection, and AI safety, despite Metas promises that this will speed up feature rollouts. Because AI lacks human judgement in complicated ethical issues, some employees worry that the change could increase hazards in the real world. Although internal documents indicate automation will spread to sensitive areas, Meta maintains that human reviewers will continue to handle highrisk instances. Read More..

B2B Tech News | 8 months ago          

Critical Linux Vulnerabilities Expose Password Hashes via Core Dump Manipulation

Cybersecurity researchers have discovered two critical vulnerabilities in Linux systems that could allow attackers to steal passwords through core dum

Cybersecurity researchers have discovered two critical vulnerabilities in Linux systems that could allow attackers to steal passwords through core dump manipulation. The flaws affect Ubuntu, Fedora, and Red Hat Enterprise Linux, enabling local attackers to exploit race conditions and gain unauthorized access to sensitive data. The vulnerabilities stem from weaknesses in Apport Ubuntu’s crash reporting tool and systemdcoredump Red Hat’s core dump handler, potentially exposing password hashes from /etc/shadow. Security experts recommend disabling core dumps for SUID programs and implementing strict validation measures to mitigate risks. Organizations are urged to patch affected systems immediately to prevent credential theft and unauthorized access Read More..

B2B Tech News | 8 months ago          



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