Header-template

BUSINESS NEWS

China Launches AI Data Center in Inner Mongolia Powered by Domestic Chips

China has announced a significant data centre project in Inner Mongolia that uses only chips made in the country, indicating a calculated move towards

China has announced a significant data centre project in Inner Mongolia that uses only chips made in the country, indicating a calculated move towards technological independence. Supported by stateowned China Electronics Corp., the facility will handle cloud services and AI workloads using Chinese CPUs and GPUs. In spite of continued export restrictions, officials claim the centre will process more than 100 exabytes a year, lowering reliance on U.S. technologies. The project supports Beijings overarching objective of fostering domestic innovation and creating a national computing backbone. It is seen by analysts as a significant step in Chinas attempts to localise vital infrastructure and evade Western sanctions. The declaration also emphasises Inner Mongolias expanding significance as a centre for largescale, energyefficient data operations. Read More..

B2B Tech News | 11 days ago        

U.S. and China Reach Framework Deal to Transfer TikTok Control to American Entity

A preliminary agreement between the United States and China about TikToks ownership aims to transfer control from Chinas ByteDance to a U.S.based comp

A preliminary agreement between the United States and China about TikToks ownership aims to transfer control from Chinas ByteDance to a U.S.based company. Following trade negotiations in Spain, Treasury Secretary Scott Bessent made the announcement conditions are anticipated to be finalised shortly by President Trump and Premier Xi. A major point of contention in the agreement is the U.S. authorisation to use TikToks algorithm, and Oracle may be included in a consortium to oversee U.S. operations. This comes after ByteDance was ordered to divest by Congress earlier because of national security concerns. China affirmed a "basic framework consensus" to improve trade cooperation, lower investment barriers, and settle TikToks status. In the face of escalating geopolitical tensions, the agreement represents a diplomatic breakthrough in tech governance. Read More..

B2B Tech News | 11 days ago        

OpenAI Launches GPT5Codex, Achieves 74.5% on SWEbench Verified

GPT5Codex, a customised version of GPT5 designed for practical software engineering, was released by OpenAI and achieved a 74.5% success rate on the S

GPT5Codex, a customised version of GPT5 designed for practical software engineering, was released by OpenAI and achieved a 74.5% success rate on the SWEbench Verified benchmark. It performs exceptionally well in frontend activities like visual inspection and mobile design, as well as code reviews and bug detection. Refactoring performance increased from 33.9% in GPT5 to 51.3%. Codex dynamically modifies reasoning time, taking more time on complex tasks and utilising 93.7% fewer tokens for lightweight jobs. It is part of ChatGPT Plus, Pro, Business, Edu, and Enterprise plans and is integrated with IDEs, terminals, GitHub, and the iOS app. For openness, developers also receive test results, citations, and logs. Codex is positioned as a dependable, quick coding partner that is well integrated into current processes. Read More..

B2B Tech News | 17 days ago        

Trump Urges EU to Impose 100% Tariffs on China, India Over Russian Oil Ties

In an effort to put pressure on Russia to halt its war in Ukraine, President Donald Trump has called for the European Union to impose 100% tariffs on

In an effort to put pressure on Russia to halt its war in Ukraine, President Donald Trump has called for the European Union to impose 100% tariffs on China and India. In a virtual conference with U.S. and EU officials, Trump made the idea and said the U.S. would only take action if Europe joined. China and India are prime targets since they purchase a significant amount of Russian oil. Citing similar concerns, Trump increased duties on Indian goods to 50% last month. Trump called Prime Minister Narendra Modi a "very good friend" and voiced confidence about trade negotiations with him despite the concerns. Modi gave a positive response, highlighting the possibilities of the alliance between the United States and India. The demand for tariffs gives geopolitical strategy and international trade a new dimension. Read More..

B2B Tech News | 17 days ago        

Tencent Raises ¥12.7B in Dim Sum Bonds to Fund AI and Cloud Expansion

One of the biggest offshore yuan transactions of the year, Tencents Dim Sum bond issue in Hong Kong raised ¥12.7 billion $1.75 billion. Institutional

One of the biggest offshore yuan transactions of the year, Tencents Dim Sum bond issue in Hong Kong raised ¥12.7 billion $1.75 billion. Institutional investors have shown a considerable interest in the offering, which consists of three tranches with maturities ranging from two to five years. The money raised will be utilised to support Tencents strategic investments in gaming, cloud computing, and artificial intelligence as well as to restructure current debt. In light of Chinas efforts to internationalise its currency, the move indicates rising trust in assets denominated in yuan. For internet companies looking for diversified funding outside of mainland China, analysts see the deal as a standard. Hong Kongs ability to remain a major global financial centre in spite of recent economic and geopolitical challenges is further demonstrated by Tencents successful issuance. Read More..

B2B Tech News | 17 days ago        

Google Commits £5B to UK AI and Energy Infrastructure Ahead of Trump’s State Visit

Prior to President Donald Trumps state visit, Google announced a £68 billion $85 billion investment in the UK, with an emphasis on data centres, rene

Prior to President Donald Trumps state visit, Google announced a £68 billion $85 billion investment in the UK, with an emphasis on data centres, renewable energy, and AI infrastructure. In order to power operations responsibly, the strategy calls for growing its London campus, constructing additional hyperscale data centres, and increasing the procurement of green energy. Google wants to create thousands of jobs while bolstering the UKs leadership in AI and digital economy. The investment shows faith in Britains regulatory framework and is consistent with larger U.S.UK tech cooperation. The action was hailed as a "vote of confidence" in the UKs innovation ecosystem by Prime Minister Rishi Sunak. In the face of intensifying competition from China and the EU, the declaration strengthens transatlantic tech relations. Read More..

B2B Tech News | 17 days ago        

Nothing Raises $200M to Build AINative Hardware Ecosystem

Nothing, a UKbased smartphone manufacturer, has raised $200 million in a Series C round to further its goals of creating AInative hardware, with a val

Nothing, a UKbased smartphone manufacturer, has raised $200 million in a Series C round to further its goals of creating AInative hardware, with a valuation of $1.3 billion. The investment, which will be led by Tiger Global and supported by GV, Qualcomm Ventures, and Nikhil Kamath, will help develop an AIdriven operating system and expand into wearables, smartphones, and audio devices. CEO Carl Pei stressed that consumer technology must be reimagined for the AI era, going beyond simple functions like photo editing and translation. Robots, EVs, and smart eyewear are possible future uses. Nothing invites public investment and plans a new community round. The company wants to incorporate AI deeply into its hardware ecosystem in order to provide hyperpersonalized experiences. Read More..

B2B Tech News | 17 days ago        

CRED Unveils Yosemite Fintech Meets Luxury for India’s Affluent Class

Targeting Indias wealthy, CRED has introduced *Yosemite*, a premium package that combines banking with travel, lifestyle, and even space exploration.

Targeting Indias wealthy, CRED has introduced *Yosemite*, a premium package that combines banking with travel, lifestyle, and even space exploration. A customised IndusInd Bank Rupay credit card with 11 redemption across more than 500 merchants and upscale travel benefits are among the main features. Members of the inviteonly *Sovereign Society* receive a personalised 18karat goldfaced card and have access to earlystage investments, art, collectibles, and civilian spaceflight. Yosemite also enhances CRED Money, allowing for new investment alternatives such as insured 24karat gold and handpicked FDs, as well as realtime portfolio tracking. By combining wealth tools with exclusive experiences, CRED reimagines fintech utility for Indias elite and promotes itself as a luxury lifestyle enabler. Read More..

B2B Tech News | 17 days ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts


1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   13721   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   11122   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   11445   

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.
   11282   

5.  Approximately 8 billion gadgets connect on the internet every day.
   14394   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!


Where do you go to learn more about whats happening in your industry? Check all that apply.