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Microsoft CEO Satya Nadella Announces $3 Billion Investment in India’s AI and Cloud Infrastructure

During his trip to India, Microsoft CEO Satya Nadella declared that the company would invest $3 billion over the next two years in cloud and AI infras

During his trip to India, Microsoft CEO Satya Nadella declared that the company would invest $3 billion over the next two years in cloud and AI infrastructure, including new data centres. This project seeks to boost AI innovation in keeping with Prime Minister Narendra Modis goal of a developed country by 2047. Microsofts ADVANTAIGE India initiative aims to teach 10 million people about AI capabilities by 2030. To strengthen partnerships with startups and its dedication to Indias AI ecosystem, the business recently established an AI Innovation Network. With programs like 0% water usage for new data centres and renewable energy contracts to promote environmental justice, Microsoft also strongly emphasises sustainable development, responsible AI, and community support. Read More..

B2B Tech News | 3 months ago        

India and Malaysia Strengthen Ties in CounterTerrorism and Cyber Security

India and Malaysia have committed to strengthening cooperation in various crucial areas, including counterterrorism, cyber security, defence, maritime

India and Malaysia have committed to strengthening cooperation in various crucial areas, including counterterrorism, cyber security, defence, maritime security, and critical minerals like rare earth. This decision emerged from the inaugural IndiaMalaysia Security Dialogue in New Delhi, cochaired by Indias National Security Adviser Ajit Doval and Malaysias National Security Council Director General Raja Dato Nushirwan Bin Zainal Abidin. The dialogue follows Malaysian Prime Minister Anwar Ibrahims visit to India in August 2024, during which the two countries elevated their bilateral ties to a Comprehensive Strategic Partnership. Both nations agreed to institutionalize this dialogue with annual meetings focused on these key areas to enhance collaboration further. Read More..

B2B Tech News | 3 months ago        

Vietnam’s Central Bank Commits to Flexible Monetary Policy Amid Inflation Concerns

Vietnams central bank said Tuesday that it will continue implementing a flexible monetary policy to keep inflation under control while keeping a close

Vietnams central bank said Tuesday that it will continue implementing a flexible monetary policy to keep inflation under control while keeping a close eye on U.S. Presidentelect Donald Trumps policies and modifying its domestic policies as necessary. Despite a manufacturingled economic expansion of 7.09% in 2024, propelled by robust exports and foreign investment, deputy central bank governor Dao Minh Tu emphasised growing lousy debt and difficulties in Vietnams bond, stock, and real estate markets. Even though credit growth was recorded at 15.08% on 31 December, the central bank wants to raise it by 16% this year. Along with dealing with problematic lenders like Saigon Joint Stock Commercial Bank, the bank also underlined the need for interest rate and foreign exchange stability in the face of economic challenges. Read More..

B2B Tech News | 3 months ago        

Kenya’s Economic Growth Slows to 4.0% in Q3 2024 Amid Sector Underperformance

As a result of poor performance in most sectors, Kenyas economic growth dropped to 4.0% in the third quarter of 2024 from 6.0% the same time the year

As a result of poor performance in most sectors, Kenyas economic growth dropped to 4.0% in the third quarter of 2024 from 6.0% the same time the year before, according to the Kenya National Bureau of Statistics. Significant factors contributing to the slowdown were mining and quarrying contracts, which fell by 11.1%, and construction contracts, which fell by 2.0%. Even if industries, including real estate, financial services, transportation, hospitality, and agriculture, helped stop the fall, widespread demonstrations over planned tax hikes at the end of the second quarter caused chaos and violence. Although the finance ministry expects a 5.2% expansion for 2024, the World Bank has lowered Kenyas growth prediction to 4.7% from 5.0%. Read More..

B2B Tech News | 3 months ago        

AWS Announces $11 Billion Investment in Georgia to Expand Cloud Computing Infrastructure

To accommodate cloud computing and artificial intelligence AI technologies, Amazon Web Services announced plans to invest over $11 billion to expand i

To accommodate cloud computing and artificial intelligence AI technologies, Amazon Web Services announced plans to invest over $11 billion to expand its Georgia infrastructure. Large IT businesses are investing billions to strengthen data centres and infrastructure required for AIdriven breakthroughs, which is part of a more significant trend. Microsoft, for instance, has disclosed that it will invest $80 billion in fiscal 2025 to build data centres for training AI models. At least 550 highskilled jobs are anticipated to be created by Amazons expansion into Butts and Douglas counties, solidifying Georgias position as a centre for digital innovation. By the end of the decade, data centres may generate up to 9% of all electricity generated in the United States. According to forecasts, the surge in AI applications will dramatically increase electricity usage. Read More..

B2B Tech News | 3 months ago        

U.S. and Japan Reinforce Strong Ties Amid Confusion Over Nippon Steel’s Blocked Acquisition

President Joe Bidens decision to veto Nippon Steels $14.9 billion bid for U.S. Steel perplexed Japanese Prime Minister Shigeru Ishiba. Still, the two

President Joe Bidens decision to veto Nippon Steels $14.9 billion bid for U.S. Steel perplexed Japanese Prime Minister Shigeru Ishiba. Still, the two nations foreign ministers reaffirmed their longstanding connections on Tuesday. Given the political unrest in South Korea, this action was viewed as a blow to U.S. efforts to improve ties with Japan. It could make it more difficult for the U.S., South Korea, and Japan to work together trilaterally to resist Chinas military power. As they emphasised their dedication to continued collaboration, U.S. Secretary of State Antony Blinken and Japanese Foreign Minister Takashi Iwaya talked about economic ties and investments. According to analysts, the merger decision may deter Japanese investment, but because of shared security concerns, it is unlikely to affect the relationship as a whole. Read More..

B2B Tech News | 3 months ago        

India and Iran Strengthen Ties in 19th Foreign Office Consultations in New Delhi

During the 19th Foreign Office Consultations, which took place in New Delhi, India and Iran discussed their bilateral relationship, including how to i

During the 19th Foreign Office Consultations, which took place in New Delhi, India and Iran discussed their bilateral relationship, including how to improve trade and economic engagement and how to develop the port of Chabahar jointly. The Iranian team, headed by Majid Takht Ravanchi, the deputy foreign minister, asked India to reconsider crude oil imports, which had stopped in the middle of 2019 because of U.S. sanctions. Leading the Indian side was Foreign Secretary Vikram Misri, who also discussed ways to increase bilateral tourism and agricultural cooperation. Both parties underlined how crucial Chabahar Port is to regional connectivity, significantly aiding Afghanistans rehabilitation. In global forums such as the Shanghai Cooperation Organisation, BRICS, and the United Nations, they reaffirmed their dedication to strengthening cooperation. Read More..

B2B Tech News | 3 months ago        

Ghana’s Parliament Approves Provisional Budget of $4.65 Billion Ahead of Transition

A temporary budget agreed by the Ghanaian parliament permits the government to spend $4.65 billion until March. After eight years in government, outgo

A temporary budget agreed by the Ghanaian parliament permits the government to spend $4.65 billion until March. After eight years in government, outgoing President Nana AkufoAddo was scheduled to give his farewell State of the Nation speech. Next week, John Dramani Mahama is expected to take over as president. Provisional budgets are usually approved in November in election years. Still, this years approval was postponed because of a disagreement over which party—the incoming National Democratic Congress NDC or the departing New Patriotic Party NPP—has a majority in the House. Despite the delay, the finance minister promised that government operations would go on as usual. Read More..

B2B Tech News | 3 months ago        



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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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