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AWS Announces $1.8 Billion Investment in Brazil to Expand Data Center Infrastructure

The cloud computing branch of Amazon, known as Amazon Web Services AWS, has revealed a significant investment of 10.1 billion reais $1.8 billion in Br

The cloud computing branch of Amazon, known as Amazon Web Services AWS, has revealed a significant investment of 10.1 billion reais $1.8 billion in Brazil until 2034 to improve its data centre infrastructure. This additional financing aims to develop, connect, grow, run, and maintain data centres around the nation. This pledge highlights AWSs continuous commitment to strengthening its position in the Latin American market and expands on its previous investment of 19.2 billion reais from 2011 to 2023. The expansion will enhance AWSs service capabilities in Brazil and meet the increasing demand. Read More..

B2B Tech News | 16 hours ago          

OpenAI Seeks $11.5 Billion in New Funding to Reach $150 Billion Valuation

Aiming for a $150 billion value, OpenAI, the company behind ChatGPT, is reportedly in talks to obtain $6.5 billion in equity capital and an extra $5 b

Aiming for a $150 billion value, OpenAI, the company behind ChatGPT, is reportedly in talks to obtain $6.5 billion in equity capital and an extra $5 billion in debt. Compared to its prior tender offer valuation of $86 billion, this would represent a 74% rise. Thanks to its groundbreaking chatbot and significant support from Microsoft, OpenAI has risen quickly in the AI space. This fundraising round, which Thrive Capital purportedly leads, highlights this. With more and more wellknown businesses avoiding public markets out of fear of regulations and market volatility, this fresh financial injection will allow OpenAI to stay private for an extended period. The action demonstrates the increasing popularity of venture capital and private equity as IPO substitutes. Read More..

B2B Tech News | 16 hours ago          

Vonage and SAP SE Partner to Integrate Generative AI and NextGen Tech via API Platform

Utilising Vonages API platform and SAP Business AI, Ericsson subsidiary Vonage has teamed up with SAP SE to investigate generative AI and nextgenerati

Utilising Vonages API platform and SAP Business AI, Ericsson subsidiary Vonage has teamed up with SAP SE to investigate generative AI and nextgeneration technological applications. By enabling developers to construct corporate apps, the partnership seeks to accelerate digital transformation. To improve realtime experiences and fraud protection, Vonage will provide SAP access to APIs such as QualityonDemand QoD, Device Location, and Number Verification. Through this agreement, SAPs Business Technology Platforms immersive services will be used to enhance augmented reality training, data visualisation, and sustainability. This collaborative endeavour aims to transform business communication, consumer engagement, and decisionmaking processes by utilising network API integration and AIdriven advancements. Read More..

B2B Tech News | 16 hours ago          

Google Play Integrity API Adds "App Access Risk" to Protect Users from Malicious Apps

To assist developers in safeguarding consumers from malicious applications that can capture screen information or control device operations, Google ha

To assist developers in safeguarding consumers from malicious applications that can capture screen information or control device operations, Google has included a new feature dubbed "app access risk" to its Play Integrity API update. Introduced at Google I/O 2024, this feature enables developers to identify apps that can record displays or manipulate devices and prompt users to close these potentially dangerous apps. Play Protect monitors these apps, but verified accessibility apps dont get alerts. To protect user privacy, developers are prohibited from gathering appspecific data via the access risk feature. This feature, already in public testing, intends to improve security, particularly for critical apps like payment or banking. Read More..

B2B Tech News | 16 hours ago          

Google Chrome Introduces AIPowered Tab Management Features for iOS and CrossDevice Sync

Google Chrome has included three new AIpowered capabilities to enhance tab management across devices. First, users may combine tabs, give them names a

Google Chrome has included three new AIpowered capabilities to enhance tab management across devices. First, users may combine tabs, give them names and colours, and rearrange them as required. This feature is unique to iOS and is comparable to those found on desktop and Android versions. To smooth tab switching across desktop and mobile platforms, Google is also working on synchronising tab groups across devices. Using artificial intelligence, the third experimental feature helps users return to key websites without bookmarking them by suggesting previously viewed web pages across devices. The tab grouping function and a new texttospeech tool for convenient article listening are among the latest enhancements targeted at improving the browsing experience that these improvements follow. Read More..

B2B Tech News | 16 hours ago          

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 | 16 hours 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 | 4 days 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 | 4 days ago          



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