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IMF to Discuss $20 Billion Loan for Argentina Amid Economic Challenges

Next week, Argentina is scheduled to attend an informal International Monetary Fund IMF meeting to discuss a $20 billion loan. Aiming to strengthen Ar

Next week, Argentina is scheduled to attend an informal International Monetary Fund IMF meeting to discuss a $20 billion loan. Aiming to strengthen Argentinas central bank reserves and alleviate its economic difficulties, the proposed fouryear extended fund facility is valued at about 15 billion Special Drawing Rights. The loan would have a tenyear payback schedule and a fouryear, sixmonth grace period. Negotiations have begun after the lower house of Argentina recently enacted a decree endorsing the new IMF programme. Argentinas continued economic turmoil and negative net foreign exchange reserves are the reasons behind this initiative. The IMF Executive Board must approve any final financing arrangement. Read More..

B2B Tech News | 9 days ago          

Costa Ricas Official YouTube Account Hacked in Cryptocurrency Scam.

The official YouTube account of Costa Rica was briefly compromised due to a cyberattack. Videos about cryptocurrencies were uploaded, and the account

The official YouTube account of Costa Rica was briefly compromised due to a cyberattack. Videos about cryptocurrencies were uploaded, and the account featured a logo that read "Strategy" followed by a Bitcoin symbol. In an effort to restore control, the administration worked with specialists from the Science and Technology Ministry, Google, and the presidency to clarify that these movies were not approved. There were no reported compromises of sensitive data throughout the severalhourlong attack. The culprits have not been identified. This incident serves as a reminder of the increasing cybersecurity issues that governments around the world are facing. Read More..

B2B Tech News | 9 days ago          

Nvidias Boston Lab to Revolutionize Quantum Algorithms and Hardware.

In Boston, Nvidia will establish a research facility for quantum computing in partnership with MIT and Harvard. The lab will concentrate on creating q

In Boston, Nvidia will establish a research facility for quantum computing in partnership with MIT and Harvard. The lab will concentrate on creating quantum algorithms and improving quantum hardware, with CEO Jensen Huang making the announcement during Nvidias annual software developer conference. This project aims to speed up improvements in computing power and reflects Nvidias growing interest in quantum computing. The lab will combine quantum systems with classical computing capabilities to target realworld uses in sectors including artificial intelligence, cryptography, and medicines. Despite its infancy, Nvidias dedication to this research demonstrates its faith in the revolutionary potential of quantum computing. The partnership with esteemed universities demonstrates Nvidias calculated action to establish itself as a pioneer in the field of quantum computing. Read More..

B2B Tech News | 9 days ago          

OpenAI expands AI capabilities with new audio models for voice agents

OpenAI has unveiled three new audio models through its API GPT4otranscribe, GPT4ominitranscribe, and GPT4ominitts. These models improve texttospeech a

OpenAI has unveiled three new audio models through its API GPT4otranscribe, GPT4ominitranscribe, and GPT4ominitts. These models improve texttospeech and speechtotext capabilities, increasing accuracy and dependability even in difficult situations like loud surroundings or strong accents. Developed on top of GPT4o and GPT4omini, they perform better than OpenAIs earlier Whisper models. Developers can now develop applications with agentic workflows, allowing for the automation of customer support and creative storytelling. Although the texttospeech model only enables preset voices, it offers emotional expressiveness and customisable inflexions. With these developments, voice agents should become more flexible and intuitive. These models have also been incorporated into OpenAIs Agents SDK, which makes creating audioenabled apps easier. Through OpenAIs API, developers can access the models. Read More..

B2B Tech News | 9 days ago          

NvidiaBacked CoreWeave Targets $2.7 Billion in U.S. IPO Amid AI Boom

Supported by Nvidia, to take advantage of the growing demand for cloud computing and artificial intelligence, CoreWeave plans to raise up to $2.7 bill

Supported by Nvidia, to take advantage of the growing demand for cloud computing and artificial intelligence, CoreWeave plans to raise up to $2.7 billion through a U.S. initial public offering IPO. With significant support from Nvidia, a major player in the AI infrastructure market, CoreWeave, a cloud provider that specialises in highperformance computing and AI workloads, has grown quickly. The increasing need for AI model training, especially as companies invest in generative AI and machine learning, has helped the company. The IPO, which is anticipated to rank among the largest in the tech industry this year, demonstrates investors faith in cloud computing powered by AI. It would establish CoreWeave as a significant rival in the AI cloud industry if it were successful. Read More..

B2B Tech News | 9 days ago          

Kraken Acquires NinjaTrader for $1.5 Billion, Expanding Beyond Crypto

Major cryptocurrency exchange Kraken has announced that it will buy NinjaTrader for $1.5 billion. NinjaTrader, a wellknown futures and forex trading p

Major cryptocurrency exchange Kraken has announced that it will buy NinjaTrader for $1.5 billion. NinjaTrader, a wellknown futures and forex trading platform, will strengthen Krakens position in the more significant financial trading sector. Krakens plan to diversify into conventional financial products and serve individual and institutional investors aligns with the acquisition. By integrating NinjaTraders tools with its current infrastructure, Kraken hopes to provide a more complete trading experience. The transaction illustrates how traditional finance and cryptocurrencies are increasingly overlapping as large exchanges look to diversify. Krakens user base and product offerings should grow due to the acquisition, strengthening its position as a leader in the changing financial sector. Read More..

B2B Tech News | 9 days ago          

Elon Musk’s xAI Launches Grok API, Expanding AI Capabilities

Elon Musks company, xAI, has released an API for its Grok AI model, enabling programmers to incorporate its features into their applications. The APIs

Elon Musks company, xAI, has released an API for its Grok AI model, enabling programmers to incorporate its features into their applications. The APIs capability has been expanded to offer image generation in addition to textbased query support. Although the precise specifications are still unknown, developers can utilise the service with customisable payment options. The move puts Googles Gemini and OpenAIs GPT models in competition with xAIs Grok. Grok AI is intended to deliver realtime, uncensored responses and is integrated with X previously Twitter. By using Musks advocacy for an AI model with fewer content limitations, this expansion seeks to draw more developers and companies to xAIs ecosystem. It is anticipated that the API deployment will improve Grok AIs business acceptance and accessibility. Read More..

B2B Tech News | 9 days ago          

NVIDIA Launches Llama Nemotron AI Models to Power Advanced AI Agents

NVIDIA has introduced the Llama Nemotron family of openthinking AI models, which are intended to let businesses and developers create sophisticated AI

NVIDIA has introduced the Llama Nemotron family of openthinking AI models, which are intended to let businesses and developers create sophisticated AI agents that can do challenging jobs. These models are offered as Nano, Super, and Ultrasized NVIDIA NIMTM microservices to meet a range of deployment requirements. The Llama architecture serves as the foundation for the Llama Nemotron models, which are tailored for a number of uses, including supply chain management, fraud detection, and customer service. Through the integration of these models, organisations can improve their AI capabilities, allowing for more effective and efficient operations in several fields. Read More..

B2B Tech News | 9 days ago          



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