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According to rumors, Microsoft is in discussions to invest $10 billion in OpenAI, the company that owns ChatGPT.

According to Liz Hoffman and Reed Albergotti of Semafor, Microsoft is in negotiations to purchase a 49% share in OpenAI, a company that does artificia

According to Liz Hoffman and Reed Albergotti of Semafor, Microsoft is in negotiations to purchase a 49% share in OpenAI, a company that does artificial intelligence research. According to them, the investment would put a $29 billion value on OpenAI. Its unclear whether the agreement has been finished yet, but it was supposed to conclude by the end of 2022. Microsoft stated to Insider that it does not comment on rumours. Read More..

B2B Tech News | 3 years ago        

Tesla is offering discounts on electric cars in its Singapore warehouse

A company sales representative announced on Monday that Tesla TSLA.O has started providing discounts to electric vehicle buyers in Singapore who agree

A company sales representative announced on Monday that Tesla TSLA.O has started providing discounts to electric vehicle buyers in Singapore who agree to purchase existing inventory of the Model 3 or Model Y. For those who buy an electric car from Tesla and trade in an old internal combustion vehicle, they will receive a $5,000 discount. Additionally, they will receive a $5,000 credit toward the cost of the Singapore driving licence. Additionally, Tesla will offer the wall connector for charging for qualified buyers who have a space for house installation, however the customer is still responsible for the installation fees. Read More..

B2B Tech News | 3 years ago        

Enya Resources continues to invest in Libero Copper & Gold

A third investment was made in Libero Copper & Gold Corporation TSXVLBC, OTCQBLBCMF by Anglo Asian Mining PLC AIMAAZ, OTCAGXKF, which paid $390,000 fo

A third investment was made in Libero Copper & Gold Corporation TSXVLBC, OTCQBLBCMF by Anglo Asian Mining PLC AIMAAZ, OTCAGXKF, which paid $390,000 for 2.6 million shares at $0.15 each. The investment, which is a part of a recently started private placement, keeps the companys ownership stake in Libero at 19.8%. The Mocoa and Esperanza copper porphyry prospects in Colombia and Argentina, respectively, will use the roughly C$2 million in gross proceeds from this placement for exploration. Read More..

B2B Tech News | 3 years ago        

Oxford Ionics raises £30m to tackle scalability challenges in quantum computing

30 million pounds have been raised for Oxford Ionics in a Series A fundraising round. intended to hasten the adoption of startups solution to the scal

30 million pounds have been raised for Oxford Ionics in a Series A fundraising round. intended to hasten the adoption of startups solution to the scalability issue. In the trapped ion technique, charged atomic particles, sometimes known as ions, that are employed to store qubits are in stable electronic states. Electronic Qubit Control EQC from Oxford Ionics enables the manipulation of qubits with little noise and unequalled dependability. Because any semiconductor chip can be equipped with an Oxford Ionics processor, any semiconductor fab in the world may produce these chips at scale, right now. Read More..

B2B Tech News | 3 years ago        

Thoma Bravo continues to invest

Equinix intends to join the South African market by investing $160 million in a data centre there. ISP service provider Opentel was purchased by Redwi

Equinix intends to join the South African market by investing $160 million in a data centre there. ISP service provider Opentel was purchased by Redwill ICT. A $4.2 billion lawsuit brought by Turkcell against MTN was dismissed by the High Court of South Africa. The undersea cable known as 2Africa, which will link Asia, Europe, and Africa, has arrived in South Africa. A Kenyan company called Cellulant is opening a company in South Africa to offer financial services. Read More..

B2B Tech News | 3 years ago        

Aditya Birla Fashion & Retail attracts Rs 500 C per NCD

The largest producer and reseller of name-brand clothing in India is Aditya Birla Fashion and Retail Ltd. Major international fashion brands are carri

The largest producer and reseller of name-brand clothing in India is Aditya Birla Fashion and Retail Ltd. Major international fashion brands are carried by the store for adults, women, and children. By issuing 5,000 listed, unsecured, rated, redeemable non-convertible debentures, the company plans to raise capital. The industry would be racing to return to normalcy in the upcoming fiscal year, according to Aditya Birla Fashion and Retail Ltd. (ABFRL) in its annual report. Given its favourable demographics, rising per capita & disposable income, and expanding consumption, India continues to be on a good economic path. Read More..

B2B Tech News | 3 years ago        

AMP Collimate sale to Dexus hampered by Chinese regulatory delays, $25m down

Plans for the separation of AMP Capital from AMP ASX AMP have run into some difficulties. There will be more delays and a smaller profit even if Colli

Plans for the separation of AMP Capital from AMP ASX AMP have run into some difficulties. There will be more delays and a smaller profit even if Collimates real estate and domestic infrastructure equity division is sold to Dexus Funds Management. Prior to the deadline, AMP has drawn attention to the ongoing uncertainty. The group and Dexus agreed to sell the subsidiary in April 2022. The initial agreement contained a cash payment of $250 million as well as an earnout of up to $450 million contingent upon AUM retention and other terms. Read More..

B2B Tech News | 3 years ago        

Cyber ​​defense must be a top priority for South African businesses

The country lead for Trellix South Africa, Carlo Bolzonello, talks about the new era of cyberthreats and the changing response necessary to keep up wi

The country lead for Trellix South Africa, Carlo Bolzonello, talks about the new era of cyberthreats and the changing response necessary to keep up with it. Business data is produced by organisations increasingly AIenabled operations, social platforms, and ecommerce services. an increase in cyberattacks by international hacker groups against South African people and organisations. We cant continue to operate in a business environment where cyber defence is considered an extra. Business managers must implement a thorough strategy that makes use of extended detection and response XDR techniques. Read More..

B2B Tech News | 3 years 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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