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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        

United Airlines to Test Starlink InFlight Internet Services Starting February

United Airlines announced plans to start testing Elon Musks Starlink for inflight internet services in February, with the first commercial flight expe

United Airlines announced plans to start testing Elon Musks Starlink for inflight internet services in February, with the first commercial flight expected on an Embraer E175 aircraft this spring. The airline aims to equip its entire regional fleet with Starlink by the end of 2025, with the first Starlinkenabled aircraft operating on significant routes by the end of this year. While Starlink will eventually be available on all United flights, free access will be limited to MileagePlus members, contrary to earlier plans for universal free WiFi. United previously signed a deal with Starlink to provide internet services across its fleet of over 1,000 aircraft, joining other airlines like Hawaiian Airlines and JSX in this initiative. Read More..

B2B Tech News | 3 months ago        

Microsoft to Invest $80 Billion in AIDriven Data Centers for Fiscal 2025

To improve its data centres for training artificial intelligence AI models and implementing AIdriven cloud applications, Microsoft intends to invest o

To improve its data centres for training artificial intelligence AI models and implementing AIdriven cloud applications, Microsoft intends to invest over $80 billion in fiscal 2025. Since ChatGPTs 2022 debut, interest in AI has grown significantly, and businesses from various industries are attempting to incorporate AI into their products. Because AI demands more and more processing power, specialised data centres that link several processors in clusters are required. In fiscal 2025, Microsoft is expected to spend about $84.24 billion on capital projects, with more than half of the $80 billion investment going to U.S. initiatives, according to Vice Chair Brad Smith. Read More..

B2B Tech News | 3 months ago        

Digital Edge Secures $1.6 Billion in Funding to Fuel Growth in Asia’s Data Center Market

Singaporebased data centre operator Digital Edge announced that it has raised more than $1.6 billion in new funding through debt and equity financing

Singaporebased data centre operator Digital Edge announced that it has raised more than $1.6 billion in new funding through debt and equity financing to support its expansion. New and old investors contributed to this transaction, consisting of about $1 billion in loan financing and $640 million in equity investments. To meet the increasing demand for cloud services and artificial intelligence throughout Asia, Digital Edge, a portfolio company of Stonepeak Investment Firm in New York, intends to use the money to strengthen its business. Founded in 2020, Digital Edge now oversees 21 data centres in several Asian nations, totalling approximately 500 megawatts in service or development, plus an additional 300 megawatts set aside for future projects. Read More..

B2B Tech News | 3 months ago        

India’s Quality Control Orders QCOs Hinder Economic Growth and Global Trade Integration

India is unintentionally hurting its economic interests with its recent trade policies, especially the imposition of Quality Control Orders QCOs. Desi

India is unintentionally hurting its economic interests with its recent trade policies, especially the imposition of Quality Control Orders QCOs. Designed initially to impose quality requirements on imports, these QCOs have evolved into instruments for limiting foreign commodities, impacting everything from chemicals to shoes. These orders erratic and widespread implementation upset supply chains and led to monopolies, eventually lowering productivity and impeding job development. Notwithstanding efforts to shield customers against inferior imports, particularly those from China, the problem is made worse by the inadequacy and incapacity of certifying bodies such as the Bureau of Indian Standards. Indias economic expansion and inclusion into international trade networks may be jeopardised by this strategy. 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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