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Goldman Sachs Predicts Oil Price Decline Through 2026 Amid Surplus Concerns

Due to massive stockpiles and slow demand growth, Goldman Sachs predicts that oil prices will continue to fall through 2026. Analysts estimate the exc

Due to massive stockpiles and slow demand growth, Goldman Sachs predicts that oil prices will continue to fall through 2026. Analysts estimate the excess will reach 800,000 barrels per day in 2025 and 1.4 million barrels per day in 2026. While WTI may drop to $55 per barrel, Brent crude is predicted to average $63 per barrel in 2025 and $58 per barrel in 2026. Trade disputes, OPEC+ loosening supply restrictions, and poor global economic development are the main causes of the decline. Goldman Sachs cautions that Brent prices may fall to about $40 if OPEC+ reverses the voluntary output curbs. This forecast shapes expectations for the oil market in the upcoming years by highlighting worries about oversupply and recession risks. Read More..

B2B Tech News | 4 days ago          

Argentina Eases Currency Controls Ahead of $20 Billion IMF Agreement

Ahead of a $20 billion IMF agreement, Argentina has announced a significant change in its foreign exchange policy, lifting longstanding currency contr

Ahead of a $20 billion IMF agreement, Argentina has announced a significant change in its foreign exchange policy, lifting longstanding currency controls. In place of the previously strictly regulated regime, the central bank will permit the peso to fluctuate within a moving range of 1,000 to 1,400 pesos per dollar. Argentina will also remove the "dollar clamp" and other limitations on access to foreign currencies that have restricted financial transactions. To recapitalise the central bank and stabilise reserves, the IMF accord calls for an initial $12 billion transfer. In contrast to Argentinas prior monetary policies, officials anticipate that these actions will increase investment and economic growth. Read More..

B2B Tech News | 4 days ago          

MediaTek Unveils Dimensity 9400+ Flagship Chipset with AI and Gaming Enhancements

The Dimensity 9400+, MediaTeks newest flagship chipset, boasts an AllBig Core CPU with three CortexX4 cores, four CortexA720 cores, and one CortexX925

The Dimensity 9400+, MediaTeks newest flagship chipset, boasts an AllBig Core CPU with three CortexX4 cores, four CortexA720 cores, and one CortexX925 core operating at 3.73 GHz, all of which improve performance. With Speculative Decoding+ SpD+ technology, it features the MediaTek NPU 890, which supports LLMs, MoE, MTP, MLA, and FP8 inferencing and enhances AI functionality by 20%. MFRC 2.0+ frame rate conversion for more excellent FPS and 40% improved power efficiency, Opacity MicroMap OMM compatibility, and the 12core Arm ImmortalisG925 GPU all improve gaming. Dual active 5G SIM compatibility, Bluetooth 6.0, and WiFi 7 are examples of connectivity enhancements. Later this month, the Dimensity 9400+ will power the first smartphones, significantly improving mobile AI and gaming performance. Read More..

B2B Tech News | 4 days ago          

Netflix Tests AIPowered Search Engine for MoodBased Content Discovery

An artificial intelligence AI—powered search engine that allows users to search by mood and other specific parameters instead of just genre or actor

An artificial intelligence AI—powered search engine that allows users to search by mood and other specific parameters instead of just genre or actor names is being tested by Netflix to improve content recommendations. In the upcoming weeks, the feature—now accessible to iOS users in Australia and New Zealand—is anticipated to be introduced in the US. With OpenAI technology, this search engine seeks to offer more tailored recommendations, facilitating users discovery of material that suits their interests. Although Netflix has long employed AI for suggestions, this is a big step toward more engaging and natural content discovery. Read More..

B2B Tech News | 4 days ago          

IBM Unveils z17 Mainframe, Engineered for AI Workloads and Hybrid Cloud

The most potent mainframe that IBM has ever released, the z17, was created especially for AI workloads. Supporting tiny language models with less than

The most potent mainframe that IBM has ever released, the z17, was created especially for AI workloads. Supporting tiny language models with less than 8 billion parameters, the z17s Telum II processor incorporates an onchip AI coprocessor to improve inferencing workloads. Additionally, the system includes the Spyre Accelerator, a PCIe card that expands AI compute capabilities for processing unstructured data, including generative AI. Security is a top priority when using AIpowered Sensitive Data Tagging and IBM Threat Detection for z/OS, as well as quantumsafe cryptographic methods to satisfy future regulatory requirements. IBM wants the Z17 to serve as a platform for hybrid cloud environments, enhancing security and operational effectiveness for sectors with demanding compliance requirements. Read More..

B2B Tech News | 4 days ago          

Chrome Extensions Requesting Web Traffic and Cookie Access Raise Privacy Concerns

More than 4 million users are in danger of security breaches due to more than 30 unlisted Google Chrome extensions discovered by a cybersecurity resea

More than 4 million users are in danger of security breaches due to more than 30 unlisted Google Chrome extensions discovered by a cybersecurity researcher. Sensitive information may be misused due to these extensions excessive permission requests, which include access to stored cookies, online traffic, and browser tabs. Specific extensions, such as "Fire Shield Extension Protection", have been reported for doing possibly harmful things. To lessen vulnerabilities, the researcher recommends that users unlist specific extensions. This discovery emphasises the importance of keeping cybersecurity hygiene and closely examining browser extensions. Read More..

B2B Tech News | 4 days ago          

Anthropic Launches $200 Claude Max Plan for Power Users in Generative AI

Anthropics Claude chatbot, which caters to power users who need strong generative AI capabilities, has a $200 monthly subscription option. The $20 Pro

Anthropics Claude chatbot, which caters to power users who need strong generative AI capabilities, has a $200 monthly subscription option. The $20 Pro plans usage limitations are doubled with this new "Max" package, which also gives you priority access to Anthropics newest models and features. This move is perceived as a direct response to ChatGPT Pro, a $200/month service offered by OpenAI. Anthropic intends to serve professionals in domains like marketing, financial services, and coding, highlighting the expanding need for cuttingedge AI solutions across multiple industries. This programme showcases Anthropics efforts to increase its market presence and the competitive environment of generative AI. Read More..

B2B Tech News | 4 days ago          

Lightmatter Unveils Photonic Chip to Revolutionize AI Data Processing

To improve AI performance while using less energy, Silicon Valley startup Lightmatter has introduced a revolutionary computer chip that processes data

To improve AI performance while using less energy, Silicon Valley startup Lightmatter has introduced a revolutionary computer chip that processes data using light rather than electricity. The constraints of conventional transistors are addressed by this photonic chip, which was created in partnership with GlobalFoundries and uses light beams for calculations. Separating big and small numbers before processing ensures accuracy and gets around precision issues. Although it might take ten years for widespread use, Lightmatters $4.4 billion invention is a major step towards energyefficient AI solutions. This innovation demonstrates how optical computing can completely transform dataintensive tasks. Read More..

B2B Tech News | 4 days ago          



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