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The deals with the US hit Chinas technology ambitions by banning Nvidia chips

Without a license from Washington, Nvidia can no longer sell certain highend chips in China. These AI models are trained using these accelerators insi

Without a license from Washington, Nvidia can no longer sell certain highend chips in China. These AI models are trained using these accelerators inside data centers for projects like autonomous driving. Before enacting trade restrictions, Washington did not indicate that they were under consideration. Nvidia is a leading supplier of autonomous control hardware. Nvidia has been informed by Washington that the new curbs are intended to stop the use of cuttingedge AI technology for military purposes. China implores the U.S. to immediately stop the practice and treat businesses from all nations equally. Read More..

B2B Tech News | 2 years ago        

Aon declares the beginning of its strategy and technology group

Aon president Eric Andersen Insurers need the resilience and capacity to address increasing current and future risks STG will initially focus on the p

Aon president Eric Andersen Insurers need the resilience and capacity to address increasing current and future risks STG will initially focus on the property & casualty and life sectors. Chairing STG is Nick Frankland, who hired Forrest and Allison and whose previous roles include UK CEO of Aons reinsurance solutions. However, these challenges also present opportunities for companies to reinvigorate their businesses and differentiate themselves in the marketplace. Becky Allison, former EMEA Europe, Middle East, and Africa operations director for insurance consulting technology at WTW, has come on board as STGs chief operating officer. Read More..

B2B Tech News | 2 years ago        

German compressed air expert is purchased by Atlas Copco

Atlas Copco has acquired DFDruckluftFachhandel GmbH, a German online platform for compressed air solutions. The company also recently completed the ac

Atlas Copco has acquired DFDruckluftFachhandel GmbH, a German online platform for compressed air solutions. The company also recently completed the acquisitions of French compressor distributor FITEC S.A. and Singaporebased Bireme Group. This acquisition comes close on the heels of Geveke, an Amsterdambased distributor of compressors and components parts.Atlas Copco has acquired DFDruckluftFachhandel GmbH, a Stuttgartbased company that specialises in online sales of compressed air solutions and equipment. The acquisition will increase our market share in the online business, as well as strengthen our service to local customers in this crucial region. Read More..

B2B Tech News | 2 years ago        

UK International Investment emphasizes cooperation with Egypt in the field of climate

Throughout its current strategy period, British International Investment BII announced its intention to invest $100 million in regional startups. The

Throughout its current strategy period, British International Investment BII announced its intention to invest $100 million in regional startups. The DFI, formerly the CDC Group, reiterated its dedication to advancing its collaboration with Egypt and boosting climate finance for the nations green growth. The DFIs investment in Benban Solar Park, the biggest solar park in Africa, has been highlighted by the Director of BII, Nick ODonohoe. The park contributes to Egypts efforts to meet its increasing energy needs, cut carbon emissions, and achieve its climate goals. Read More..

B2B Tech News | 2 years ago        

Egypts Flat6Labs and Sanad Academy announce an accelerator to help startups in the agtech sector

The initiative will support up to a dozen AgriTech companies that will be given access to capital and help them address the challenges of food securit

The initiative will support up to a dozen AgriTech companies that will be given access to capital and help them address the challenges of food security. Egypt is banking on technology and its startup ecosystem to help grow the industry. The sector contributes more than 11% to the countrys gross domestic product and accounts for about 28% of all jobs. The number of AgriTech deals in Egypt grew by 22% annually to 78 during the first six months of the year. The global agricultural sector is expected to grow to more than $18.8 trillion by 2026, at a compounded annual growth rate of about 11%. Streamlining food supply chains is key to ensuring food security. Read More..

B2B Tech News | 2 years ago        

The United States has banned hightech companies from building facilities in China for a decade

Governmentfunded US chip companies will be prohibited from building in China for ten years. The requirements are part of the US governments nearly $53

Governmentfunded US chip companies will be prohibited from building in China for ten years. The requirements are part of the US governments nearly $53 billion £46 billion plan to increase semiconductor chip production, which is primarily done in Asia. The US Department of Commerce stated that it hoped to start soliciting applications for the $39 billion in government semiconductor subsidies by next February. The Chips Act, which commits $280 billion in total to hightech manufacturing and research, aims to make the US more competitive with China. Read More..

B2B Tech News | 2 years ago        

Stock Market Highlights for September 7, 2022 Nifty closes above 17,600 and Sensex closes at 59,000. Shree Cement, UltraTech shines in weak market

The Indian market recovered its losses but closed in the red on Wednesday amid volatility in global markets. Benchmarks Nifty 50 and Sensex ended in t

The Indian market recovered its losses but closed in the red on Wednesday amid volatility in global markets. Benchmarks Nifty 50 and Sensex ended in the negative, with the broader Nifty50 closing at 17,600, while the Sensex fell nearly 150 points to close at 59,000. Nifty Midcap rose 0.78% while Nifty Midcap rose 0.5%, outperforming the benchmark. By sector, auto and private banking were the biggest losers, while media, IT, pharmaceuticals, healthcare, and consumer preferences underpinned the recovery. Cement stocks Shree Cement and Ultratech Cement led the rally, with Tata Motors, Bajaj Auto, IndusInd Bank, and Bharti Airtel the biggest losers. There are strong headwinds for risk assets globally in the near term. In the short term, the market will experience high volatility with a downward trend. Read More..

B2B Tech News | 2 years ago        

Unicorn Payment opens a new affiliate program for web developers in European countries

Through its partnership program, Unicorn Payment, a top provider of multicurrency merchant services and online payment processing, is providing new op

Through its partnership program, Unicorn Payment, a top provider of multicurrency merchant services and online payment processing, is providing new opportunities to European web developers. Through this program, web developers can earn a monthly income by referring merchants to Unicorn Payment. Through its new partnership program with web developers, Unicorn Payment is promoting its services and giving web developers and independent sales agents a new way to make money. Read More..

B2B Tech News | 2 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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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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