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CoreWeave Secures $1.4B Deal to Power Meta’s Generative AI Ambitions

Bloomberg reports CoreWeave has agreed to pay Meta $1.4 billion to supply AI infrastructure. The multiyear deal entails providing cloud computing capa

Bloomberg reports CoreWeave has agreed to pay Meta $1.4 billion to supply AI infrastructure. The multiyear deal entails providing cloud computing capacity for Metas growing aspirations in generative AI, which include models such as Llama. Largescale AI system deployment and training will be facilitated by CoreWeave, a company wellknown for its GPUoptimized cloud services. The agreement is a reflection of Metas efforts to expand its AI capabilities in the face of competition from Google, Anthropic, and OpenAI. Additionally, it is a significant victory for CoreWeave, which has expanded quickly by serving AI workloads. As internet titans compete to develop and implement cuttingedge AI solutions in the consumer, business, and research domains, the collaboration highlights the growing need for specialised compute infrastructure. Read More..

B2B Tech News | 2 months ago        

Taiwan Rejects U.S. 5050 Chip Deal, Insists on Majority Control of Semiconductor Industry

Reuters cites a prominent negotiator who says Taiwan has rejected a planned 5050 chip production pact with the U.S. Taiwan is adamant on retaining maj

Reuters cites a prominent negotiator who says Taiwan has rejected a planned 5050 chip production pact with the U.S. Taiwan is adamant on retaining majority control over its vital chip industry, even though the agreement would have divided ownership and production of semiconductor facilities. Taiwans supremacy in advanced chip manufacturing, according to officials, is essential for both economic leverage and national security. In order to safeguard supply chains and lessen reliance on East Asia, the United States has been looking for closer cooperation. Taiwan prioritises cooperative ventures that maintain its leadership, yet it is still open to cooperation. Since both countries manage industrial policy, tech sovereignty, and the balance of power in global chip manufacturing, the decision highlights the geopolitical sensitivity surrounding semiconductors. Read More..

B2B Tech News | 2 months ago        

UDB to Raise $500M for Industrialization, Infrastructure, and SME Growth

In order to finance its new fouryear strategic plan that emphasises industrialisation, infrastructure, and SME growth, Uganda Development Bank UDB int

In order to finance its new fouryear strategic plan that emphasises industrialisation, infrastructure, and SME growth, Uganda Development Bank UDB intends to raise $500 million. The program was announced by CEO Patricia Ojangole, who emphasised the need for longterm funding to help industries like manufacturing, renewable energy, and agroprocessing. UDB wants to combine foreign and domestic funding, including collaborations with development finance organisations. Climate resilience, job creation, and inclusive growth will also be given a priority by the bank. Ugandas Vision 2040 and its drive for economic transformation through private sectorled growth are in line with the fundraising initiative. Ojangole emphasised UDBs function in filling funding shortages and spurring investment in neglected regions, establishing the bank as a vital force behind longterm, sustainable national development. Read More..

B2B Tech News | 2 months ago        

India and Sweden Forge “WinWin” Model for Trade, Tech, and Climate Innovation

By fusing Swedens research capabilities with Indias scale, the two countries are investigating a "winwin" trade and innovation paradigm. Officials str

By fusing Swedens research capabilities with Indias scale, the two countries are investigating a "winwin" trade and innovation paradigm. Officials stressed cooperation in advanced manufacturing, digital infrastructure, and green technology during an event in Delhi. While Indias Commerce Secretary Sunil Barthwal emphasised the value of collaborative R&D and sustainable growth, Swedens Ambassador Jan Thesleff emphasised Indias sizable market and talent pool. Through clean energy projects, startup collaborations, and knowledge transfer, the two countries hope to strengthen their relationship. India is viewed by Sweden as a crucial ally in promoting climate innovation and diversifying supply chains. With both parties dedicated to utilising complimentary assets for economic and technological growth, the conversation highlights the growing momentum in IndiaNordic relations. Read More..

B2B Tech News | 2 months ago        

OpenAI Revenue Hits $4.3B in H1 2025, Fueled by Enterprise Adoption and GPT5 Gains

According to The Information, OpenAIs revenue increased 16% in the first half of 2025 to reach about $4.3 billion. Strong enterprise adoption of ChatG

According to The Information, OpenAIs revenue increased 16% in the first half of 2025 to reach about $4.3 billion. Strong enterprise adoption of ChatGPT and licensing agreements with partners like Microsoft are the main drivers of the expansion. Demand for the Plus, Pro, and Enterprise subscription levels has increased, particularly among business users incorporating AI into processes. Analysts credit the increase to new features like Pulse and Sora as well as performance improvements in GPT5. The entry of OpenAI into media tools and consumer electronics also portends more extensive monetisation tactics. OpenAI is still at the forefront of generative AI, even with competition from Anthropic, Google, and Meta. Investor trust in OpenAIs commercial trajectory as it strikes a mix between innovation, scalability, and regulatory oversight is highlighted in the research. Read More..

B2B Tech News | 2 months ago        

BOJ Faces Mounting Pressure for October Rate Hike Amid Board Split

As domestic inflation pressures and global monetary trends change, investors are keeping a close eye on the Bank of Japan BOJ for clues about when it

As domestic inflation pressures and global monetary trends change, investors are keeping a close eye on the Bank of Japan BOJ for clues about when it may raise interest rates. Kazuo Ueda, the governor of the BOJ, has made references to normalising the policy but is still cautious because of the shaky consumer demand and wage growth. Although economists disagree on the timing, markets are pricing in a possible rate increase by years end. Pressure has increased due to the yens volatility and growing import prices, particularly as U.S. tariffs alter international trade patterns. The central bank of Japan must strike a careful balance between promoting growth and reducing inflation. Global markets are waiting for hints in future speeches and statistics, as the BOJs next action might signal a historic departure from decades of ultraloose monetary policy. Read More..

B2B Tech News | 2 months ago        

India’s GIFT City Offers DollarDenominated Nifty Trades with Fewer Restrictions

Global investors now have more freedom and fewer restrictions thanks to Indias GIFT Nifty futures market, which is departing from mainland regulatory

Global investors now have more freedom and fewer restrictions thanks to Indias GIFT Nifty futures market, which is departing from mainland regulatory restraints. Located in Gujarats GIFT City, the platform, in contrast to Indias domestic exchanges, offers extended trading hours and lenient capital controls for dollardenominated Nifty futures. Because of the increased liquidity and foreign investment brought about by this regulatory arbitrage, GIFT Nifty is now positioned as a competitive offshore option. According to analysts, GIFT Citys architecture facilitates easier crossborder involvement, even if mainland markets are subject to stricter surveillance and compliance standards. Although the discrepancy calls into question the coherence of regulations, it also illustrates Indias desire to becoming a global financial centre. As GIFT Nifty volumes rise, authorities are keeping an eye on the effects, which are changing how foreign investors interact with Indian equities indexes. Read More..

B2B Tech News | 2 months ago        

India–EFTA Trade Pact Takes Effect October 1, Unlocking $100B Investment Potential

After a formal ceremony in New Delhi, Indias first trade agreement with the European Free Trade Association EFTA that faces Europe will go into force

After a formal ceremony in New Delhi, Indias first trade agreement with the European Free Trade Association EFTA that faces Europe will go into force on October 1. The goal of the agreement is to increase bilateral trade, investment, and regulatory collaboration between Switzerland, Norway, Iceland, and Liechtenstein. It covers market access for Indian textiles, IT services, and medicines as well as tariff reductions and intellectual property protections. In exchange, EFTA countries have better access to Indias agricultural and industrial sectors. Officials anticipate that the agreement will generate over 1 million jobs and release $100 billion in investments over a 15year period. By diversifying outside its usual partners and bolstering its relations with highincome European economies, the accord represents a strategic shift in Indias trade policy. Read More..

B2B Tech News | 2 months ago        



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