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Indonesia Signs $34B MoU With U.S. to Avert 32% Tariff Hike

Indonesia has inked a $34 billion memorandum of understanding to expand trade and investment relations with U.S. corporations, such as Pertamina, Exxo

Indonesia has inked a $34 billion memorandum of understanding to expand trade and investment relations with U.S. corporations, such as Pertamina, ExxonMobil, and Chevron. Along with Indonesian investments in the United States, the agreement covers Indonesias purchases of U.S. grain, cotton, soybeans, and energy items worth up to $15.5 billion. Its part of Jakartas plan to use President Trumps reciprocal trade policy to get reduced U.S. tariffs before the July 9 deadline. The deal also includes companies including Garuda Indonesia and Indofood, as well as Indonesias Danantara sovereign wealth fund. Officials expect that it will assist lower the proposed 32% tariff on Indonesian imports, even though it is not a final one. The agreement highlights the expanding economic collaboration between the United States and Indonesia. Read More..

B2B Tech News | 17 hours ago        

OpenAI Inks $30B Deal With Oracle to Power Project Stargate’s AI Ambitions

In a historic $30 billion agreement, OpenAI and Oracle agreed to lease 4.5 gigawatts of data centre capacity in the United States, greatly extending t

In a historic $30 billion agreement, OpenAI and Oracle agreed to lease 4.5 gigawatts of data centre capacity in the United States, greatly extending their Project Stargate AI infrastructure venture. As OpenAI expands its business beyond Microsoft, the deal, which is expected to start generating money for Oracle by fiscal 2028, represents a strategic change. Across several states, including Georgia, Michigan, and Texas, Oracle plans to invest $25 billion in new data centres. Oracle is positioned as a premier AI cloud provider by the transaction, which might triple its cloud income in the upcoming years. Analysts see the action as a reaction to the escalating disputes between Microsoft and OpenAI around access rights to AGI. Oracles stock rose after the news, indicating that investors were confident in the companys ambitious AI infrastructure approach. Read More..

B2B Tech News | 17 hours ago        

UAE’s Al Zeyoudi Calls for BarrierFree Trade, Innovation at BRICS Business Forum

UAE Foreign Trade Minister Thani Al Zeyoudi highlighted the possibility of increased trade and investment cooperation among BRICS countries during the

UAE Foreign Trade Minister Thani Al Zeyoudi highlighted the possibility of increased trade and investment cooperation among BRICS countries during the BRICS Business Forum in Rio. He urged collaborations in the fields of logistics, agriculture, renewable energy, technology, and healthcare while highlighting the UAEs close connections with members like Russia, Indonesia, and India. With exports almost doubling since 2019, the UAEs nonoil trade with the BRICS reached $68.3 billion in Q1 2025, up 18.2% year over year. In line with the UAEs larger economic plan, Al Zeyoudi emphasised the necessity of free trade and innovationdriven growth. In keeping with the UAEs expanding influence on inclusive, multipolar economic development within the BRICS bloc, the conference approved new publicprivate initiatives to strengthen cooperation. Read More..

B2B Tech News | 17 hours ago        

Expanded BRICS Summit in Rio Calls for IMF, UN Reform and Global South Empowerment

In Rio de Janeiro, leaders of the enlarged BRICS group convened for a crucial summit aimed at strengthening the voice of the Global South and modernis

In Rio de Janeiro, leaders of the enlarged BRICS group convened for a crucial summit aimed at strengthening the voice of the Global South and modernising international institutions. BRICS currently accounts for more than half of the worlds population and almost 40% of its GDP, thanks to new members including Indonesia, Egypt, Iran, Ethiopia, Saudi Arabia, and the United Arab Emirates. Lula da Silva, the president of Brazil, stressed the need to oppose protectionism and uphold multilateralism. Climate change was one of the main subjects, and China and the UAE promised to finance Brazils Tropical Forests Forever Facility. Notably, Vladimir Putin and Xi Jinping sent proxies rather than attending in person. Notwithstanding internal differences, the leaders of the BRICS countries reaffirmed their dedication to changing the UN Security Council and IMF to better represent the multipolar world of today. Read More..

B2B Tech News | 17 hours ago        

Capgemini Acquires WNS for $3.3B to Lead in Agentic AIPowered Business Services

To grow its AIpowered business services, French company Capgemini has agreed to pay $3.3 billion in cash to purchase business transformation company W

To grow its AIpowered business services, French company Capgemini has agreed to pay $3.3 billion in cash to purchase business transformation company WNS. Excluding financial debt, the deal values WNS at $76.50 per share, which is 17% more than its closing price on July 3. To improve its agentic and generative AI capabilities, Capgemini intends to include WNSs Digital Business Process Services. Revenue and margins are anticipated to increase immediately as a result of the purchase, with EPS growth of 4% in 2026 and 7% in 2027 anticipated. Capgeminis U.S. footprint and crossselling possibilities will be improved by WNS, which serves customers like CocaCola and United Airlines. A larger trend in enterprise transformation towards AIled intelligent operations is reflected in the acquisition. Read More..

B2B Tech News | 17 hours ago        

Microsoft’s MAIDxO Diagnoses Complex Cases With 85.5% Accuracy, Surpassing Doctors

Microsofts AI Diagnostic Orchestrator MAIDxO is a medical AI system that can conduct complicated diagnostics better than doctors. The diagnostic accu

Microsofts AI Diagnostic Orchestrator MAIDxO is a medical AI system that can conduct complicated diagnostics better than doctors. The diagnostic accuracy of MAIDxO, which was trained on 304 realworld case studies from the New England Journal of Medicine, was 85.5%, more than four times that of skilled medical professionals. It employs an innovative "chain of debate" approach to reason through instances stepbystep, simulating a panel of five AI agents, each with a distinct duty. In order to tackle global healthcare issues including misdiagnosis and access gaps, the instrument is quicker and more economical than human doctors. As a significant step towards medical superintelligence, Microsoft is working with health organisations to validate the system. Read More..

B2B Tech News | 17 hours ago        

OpenAI Set to Launch GPT5, Merging OSeries Reasoning With GPT Multimodality

OpenAI is getting ready to release GPT5, a unified AI model that combines the multimodal capabilities of the GPTseries with the sophisticated reasonin

OpenAI is getting ready to release GPT5, a unified AI model that combines the multimodal capabilities of the GPTseries with the sophisticated reasoning of the Oseries. GPT5, which is referred to as a "net new great frontier model," attempts to do away with the necessity of model changeover by dynamically adjusting to user requirements. Additionally, it might interface with OpenAIs Operator AI agent, a computerusing agent that can operate independently on devices and the internet. Text, image, audio, and maybe video inputs should all be supported by the model, providing a smooth, featurerich experience. Although a formal release date has not been set, OpenAI officials have alluded to a July or August 2025 debut, which would represent a significant advancement in unified, generalpurpose AI. Read More..

B2B Tech News | 17 hours ago        

Amazon India Brings Rufus AI Assistant to Desktop Ahead of Prime Day 2025

Before Prime Day 2025, which is scheduled for July 12–14, Amazon India has introduced its Rufus AI assistant on the desktop web platform. Previousl

Before Prime Day 2025, which is scheduled for July 12–14, Amazon India has introduced its Rufus AI assistant on the desktop web platform. Previously exclusive to mobile devices, Rufus now uses natural language questions to assist desktop users in finding discounts, comparing products, and getting personalised suggestions. Although responses are only textbased at the moment, it accepts both voice and text input. Initially launched in the United States in early 2024, Rufus later spread to India. This launch provides a conversational, realtime assistant to improve shopping efficiency during Amazons largest sales event. Even though it is still in beta, the desktop launch greatly increases accessibility and represents Amazons ongoing efforts to integrate AI personalisation with the online shopping experience. Read More..

B2B Tech News | 17 hours ago        

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