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Nothing Raises $200M to Build AINative Hardware Ecosystem

Nothing, a UKbased smartphone manufacturer, has raised $200 million in a Series C round to further its goals of creating AInative hardware, with a val

Nothing, a UKbased smartphone manufacturer, has raised $200 million in a Series C round to further its goals of creating AInative hardware, with a valuation of $1.3 billion. The investment, which will be led by Tiger Global and supported by GV, Qualcomm Ventures, and Nikhil Kamath, will help develop an AIdriven operating system and expand into wearables, smartphones, and audio devices. CEO Carl Pei stressed that consumer technology must be reimagined for the AI era, going beyond simple functions like photo editing and translation. Robots, EVs, and smart eyewear are possible future uses. Nothing invites public investment and plans a new community round. The company wants to incorporate AI deeply into its hardware ecosystem in order to provide hyperpersonalized experiences. Read More..

B2B Tech News | 2 months ago        

CRED Unveils Yosemite Fintech Meets Luxury for India’s Affluent Class

Targeting Indias wealthy, CRED has introduced *Yosemite*, a premium package that combines banking with travel, lifestyle, and even space exploration.

Targeting Indias wealthy, CRED has introduced *Yosemite*, a premium package that combines banking with travel, lifestyle, and even space exploration. A customised IndusInd Bank Rupay credit card with 11 redemption across more than 500 merchants and upscale travel benefits are among the main features. Members of the inviteonly *Sovereign Society* receive a personalised 18karat goldfaced card and have access to earlystage investments, art, collectibles, and civilian spaceflight. Yosemite also enhances CRED Money, allowing for new investment alternatives such as insured 24karat gold and handpicked FDs, as well as realtime portfolio tracking. By combining wealth tools with exclusive experiences, CRED reimagines fintech utility for Indias elite and promotes itself as a luxury lifestyle enabler. Read More..

B2B Tech News | 2 months ago        

Iran and IAEA Sign Cairo Agreement to Resume Nuclear Inspections

Resuming inspections of Iranian nuclear sites is part of a new deal agreed in Cairo between Iran and the International Atomic Energy Agency IAEA. The

Resuming inspections of Iranian nuclear sites is part of a new deal agreed in Cairo between Iran and the International Atomic Energy Agency IAEA. The agreement comes after months of high tensions, which included U.S. airstrikes on Iranian nuclear targets in June and a 12day conflict with Israel. Iran has since ceased all cooperation with the IAEA, restricting inspections to the Bushehr facility. Iran has an unconfirmed nearbombgrade stockpile, which has alarmed the IAEA. By hosting discussions between Iranian and IAEA officials, Egypt performed a crucial mediation role. The pact, which is a delicate but crucial step towards reestablishing oversight and reducing geopolitical tension, comes as European sanctions on Iran for violating the 2015 nuclear agreement have been extended. Read More..

B2B Tech News | 3 months ago        

U.S. and China Near TikTok Deal as Trade Concessions Enter the Equation

According to investor Louis Bessent, the U.S. and China are allegedly close to reaching an agreement about TikToks future, although completion may dep

According to investor Louis Bessent, the U.S. and China are allegedly close to reaching an agreement about TikToks future, although completion may depend on further extensive trade concessions. By signing the deal, TikTok may be spared a complete ban and be able to continue operating in the United States under more stringent data governance and transparency regulations. According to Bessent, China can ask for a reciprocal relaxation of export restrictions on technology or tariffs. Citing national security concerns, the Biden administration had earlier urged ByteDance to sell off TikToks U.S. business. A move towards negotiated digital diplomacy in the face of escalating tensions is reflected in this possible agreement. Any settlement, according to analysts, will probably alter the dynamics of U.S.China trade more broadly and establish a precedent for future crossborder tech regulation. Read More..

B2B Tech News | 3 months ago        

Microsoft Backs OpenAI Restructuring in New NonBinding Agreement

According to Reuters, OpenAI and Microsoft have negotiated a nonbinding agreement that permits OpenAI to reorganise its operations and governance. Thr

According to Reuters, OpenAI and Microsoft have negotiated a nonbinding agreement that permits OpenAI to reorganise its operations and governance. Through the agreement, OpenAI can change its board and organisational structure without jeopardising its current alliance with Microsoft, which has contributed more than $13 billion. The action comes after OpenAIs internal conflicts and leadership changes, which sparked demands for greater autonomy and openness. Microsoft will continue to use OpenAIs models in its Azure and Copilot products and maintain access to them. The deal, according to analysts, is a strategic reset that will allow OpenAI to develop while maintaining its business relationships. In light of the increasing competition in the AI market, the reorganisation may potentially open the door for more extensive partnerships and lessen dependency on a single business partner. Read More..

B2B Tech News | 3 months ago        

EU and U.S. Maintain $81B in Trade with Russia Despite Sweeping Sanctions

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subj

The United States and Europe continue to trade billions of dollars with Russia in spite of broad sanctions, especially in industries that are not subject to embargoes. In 2024, the United States imported $9 billion worth of industrial goods, metals, and chemicals from Russia, compared to $72 billion for the EU. Trade has continued because of exemptions and loopholes, particularly for essential raw materials. While American corporations rely on Russian titanium for aircraft, European companies point to supply chain dependencies. This, according to critics, jeopardises attempts to isolate Moscow over its conflict in Ukraine. In the meantime, Russia has lessened the impact of Western prohibitions by shifting exports to Asia and Latin America. A complicated web of economic interconnection is revealed by the statistics, casting doubt on the efficacy of the sanctions regimes in place. Read More..

B2B Tech News | 3 months ago        

Sweden Deepens Trade Ties with India, Spotlighting Green Tech and AI

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish

The "Time for Sweden" event in New Delhi highlighted Swedens increased trade and innovation collaboration with India. In India, more than 280 Swedish businesses employ 220,000 people directly and 2.2 million indirectly. They are also making increasing investments in manufacturing, digitalisation, and green technology. In Sweden, where FDI from India has increased 191% in just five years, Indian companies such as TCS and Bharat Forge are also growing. Green hydrogen, artificial intelligence, space technology, life sciences, and 5G/6G are important areas of collaboration. With tech companies like Spotify and Storytel joining traditional companies like SKF and Volvo, Western India continues to be a centre for Swedish business. Shared objectives in sustainability, innovation, and longterm economic benefit are reflected in the relationship. Read More..

B2B Tech News | 3 months ago        

Trump Urges EU to Impose 100% Tariffs on China, India Over Russian Oil Ties

In an effort to put pressure on Russia to halt its war in Ukraine, U.S. President Donald Trump has called for the European Union to slap 100% tariffs

In an effort to put pressure on Russia to halt its war in Ukraine, U.S. President Donald Trump has called for the European Union to slap 100% tariffs on China and India. In a virtual meeting with U.S. and EU officials, Trump made the idea and said that the U.S. would only take action if Europe joined. The action targets the ongoing imports of Russian oil by China and India. Citing similar concerns, Trump increased duties on Indian goods to 50% last month. Trump called Indian Prime Minister Narendra Modi a "very good friend" and voiced confidence about trade negotiations with him despite the concerns. Modi gave a positive response, highlighting the possibilities of the alliance between the United States and India. In the midst of geopolitical unrest, the plan adds another level of friction to global trade. Read More..

B2B Tech News | 3 months ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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