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OpenAI Secures Historic $40 Billion Funding Round Led by SoftBank

Nearly increasing its worth to $300 billion, OpenAI is about to close a recordbreaking $40 billion investment round spearheaded by SoftBank. This is t

Nearly increasing its worth to $300 billion, OpenAI is about to close a recordbreaking $40 billion investment round spearheaded by SoftBank. This is the biggest round of private tech investing ever. The funding will help OpenAI develop generative AI tools, scale its infrastructure, and promote AI research. The remaining $10 billion is coming from investors including Microsoft, Coatue Management, and Altimeter Capital, while SoftBank is contributing $30 billion. This investment demonstrates OpenAIs explosive expansion and aspirations to dominate the global AI market. Read More..

B2B Tech News | 7 months ago        

RBA Expected to Hold Cash Rate at 4.10% in April Amid Inflation Concerns

A Reuters poll predicts that the Reserve Bank of Australia RBA will maintain its cash rate at 4.10% at its April 2025 meeting. The RBA is expected to

A Reuters poll predicts that the Reserve Bank of Australia RBA will maintain its cash rate at 4.10% at its April 2025 meeting. The RBA is expected to hold off on making any more adjustments until it sees more convincing evidence of reducing inflation. However, after the release of comprehensive inflation statistics in May, a 25 basis point rate drop is anticipated. To prevent overheating the housing market, the RBA is nonetheless wary about aggressive easing, even though it has already enacted one rate decrease this year, in February. The RBAs target inflation range of 23% has been reached, but core inflation of 3.2% is still concerning. This methodical approach reflects the RBAs emphasis on striking a balance between economic growth and inflation control. Read More..

B2B Tech News | 7 months ago        

India Seizes ₹90 Crore in Crypto Assets, Highlights Digital Crime Risks

Over ₹90 crore worth of cryptocurrency assets were seized during financial crime investigations, according to Indias Finance Minister Nirmala Sithar

Over ₹90 crore worth of cryptocurrency assets were seized during financial crime investigations, according to Indias Finance Minister Nirmala Sitharaman. The evidence, which was discovered via decoded WhatsApp communications, demonstrated how encrypted communication channels are frequently abused for illicit purposes such as money laundering and tax avoidance. The new Income Tax Bill 2025, which seeks to provide tax authorities access to digital records for auditing purposes, is supported by the terms in this judgement. The current system, which mostly concentrates on manual records and physical ledgers, has flaws the measure aims to fix. Sitharaman stressed the significance of adjusting to modern circumstances to successfully tackle financial offences. This trend highlights the expanding use of technology in contemporary financial investigations. Read More..

B2B Tech News | 7 months ago        

India and U.S. Make Significant Progress Toward Bilateral Trade Agreement

In their talks for a bilateral trade agreement BTA, India and the United States are making great strides towards a mutually beneficial accord while de

In their talks for a bilateral trade agreement BTA, India and the United States are making great strides towards a mutually beneficial accord while defending Indias interests. According to Commerce Minister Piyush Goyal, the deal will bolster Indias economic narrative and its place in the world economy. Goyal voiced faith in Indias economic resiliency despite possible obstacles, such as the reciprocal tariffs declared by former US President Donald Trump. The first phase of the talks, centring on lowering tariffs, expanding market access, and eliminating nontariff barriers, is anticipated to be completed by autumn 2025. Given the growing economic links between the two countries, this deal is considered a step towards increasing bilateral commerce to $500 billion by 2030. Read More..

B2B Tech News | 7 months ago        

Lula Visits Vietnam to Strengthen Bilateral Trade and Economic Ties

During his visit to Vietnam, Brazilian President Luiz Inácio Lula da Silva hopes to improve commercial and economic relations between the two countri

During his visit to Vietnam, Brazilian President Luiz Inácio Lula da Silva hopes to improve commercial and economic relations between the two countries. The agenda includes talks on increasing Brazilian beef and aircraft exports and signing agreements in the areas of defence, agriculture, energy, and technology. A commercial group that includes officials from JBS and Embraer is with Lula as they look into possible business opportunities in Vietnam. As this visit demonstrates, Brazil is committed to strengthening ties with Vietnam and increasing collaboration in important areas. Read More..

B2B Tech News | 7 months ago        

Lesetja Kganyago Calls for Reassessment of South Africas Inflation Targeting Framework

South Africas inflation targeting framework, which was put in place 25 years ago, may impede economic growth and competitiveness, according to Lesetja

South Africas inflation targeting framework, which was put in place 25 years ago, may impede economic growth and competitiveness, according to Lesetja Kganyago, the countrys central bank governor. Although the framework has effectively lowered interest rates and macroeconomic volatility, Kganyago underlined that a new strategy must align it with structural realities and global developments. There are talks to reduce the inflation objective from the present midpoint of 4.5% to about 3% to promote sustainable growth. Discussions on how to best implement monetary policy to balance price stability and economic development are reflected in this. Read More..

B2B Tech News | 7 months ago        

Mexico and U.S. Strengthen Bilateral Relations Amid Trade Tensions

Recently, U.S. Deputy Secretary of State Christopher Landau and Mexican Foreign Minister Juan Ramon de la Fuente called for strengthening their bilate

Recently, U.S. Deputy Secretary of State Christopher Landau and Mexican Foreign Minister Juan Ramon de la Fuente called for strengthening their bilateral ties. The main topics of debate included commerce, migration, and security. Both officials committed to having regular information exchanges and to meeting in person soon. A 25% duty on auto imports is one of the new tariffs announced by former US President Donald Trump, which has led to increased trade tensions. In Washington, Mexicos Economy Minister Marcelo Ebrard is also attending relevant discussions, highlighting Mexicos initiative in tackling these issues. This reflects continued efforts to manage intricate trade dynamics and promote collaboration between the two countries. Read More..

B2B Tech News | 7 months ago        

India and U.S. Engage in Intense Talks to Finalize Bilateral Trade Agreement

S. Jaishankar, the minister of external affairs, said that trade talks between the United States and India are "very active and intense". Following re

S. Jaishankar, the minister of external affairs, said that trade talks between the United States and India are "very active and intense". Following recent conversations between former U.S. President Donald Trump and Prime Minister Narendra Modi, these negotiations aim to finalise a bilateral trade pact by autumn 2025. Reducing tariffs, expanding market access, and tackling nontariff barriers are important areas of focus. Increasing energy ties and opening Indias agricultural market are other topics of discussion. U.S. Assistant Trade Representative for South and Central Asia Brendan Lynch is in India for these talks. This is a major step in the direction of deepening the two countries economic relationship. Read More..

B2B Tech News | 7 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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5.  Approximately 8 billion gadgets connect on the internet every day.
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